American Family Insurance could have to pay legal liability as high as $1 billion depending on a federal judge’s decision. Last week, a jury decided that thousands of the insurer’s independent agents are entitled to full employee retirement package benefits.

2017 has so far been a wild ride of change. Companies are navigating through a new U.S. administration, Brexit and cyber risks that are more daunting each day. We are bombarded with uncertainty and unchartered waters.

With health data breaches reaching epidemic proportions, healthcare organizations are resigning themselves to the fact that losing sensitive data to hackers is inevitable.

Allstate is using insurance drones to conduct an assessment of the property damage left behind by spring storms in four states. The company already owns the technology in a number of locations and was prepared to implement it when it was needed.

Employees and third-party services are most likely the weakest links in a company’s cyber security system, but regular risk assessments can help prevent information leaks, a financial services regulatory attorney said last week.

Issues such as emotional distress and fear were highlighted as the top barrier to closing workers compensation claims, according to a study released Thursday.

A north Torrance man has won more than $1.3 million from an insurance company that declined to fully cover a claim of about $134,000 in property damage caused when burglars broke into his home, then flooded part of it when they filled the bathtub and left the taps on before fleeing.

Civil trials have become a rarity in recent years. The perception that defense costs have increased has placed a premium on settling cases that insurers previously used to defend.

Small- and mid-sized businesses (SMBs) are increasingly at risk for data breach class-action lawsuits that typically have targeted large corporations.

It’s official: For insurers, “digital technology destroys value.” At least, that’s the assertion in a new McKinsey report, “Time for insurance companies to face digital reality.”

Artificial Intelligence (AI), broadly defined as computers doing the work (and perhaps even reasoning and thinking as) humans do, is having a moment. Well, it’s been having a moment.

The insurance and risk underwriting workforce is baby boomer heavy, and in the next decade, many of those industry professionals will retire. Millennials are not beating down doors to take over those jobs for a lot of reasons, said Tony Cañas, a 34-year-old self-described insurance nerd who writes for the blog InsNerds.com.

Sanford Heisler, LLP has filed a $50 million amended complaint in the US District Court on behalf of claims specialists Debra Julian and Stephanie McKinney, against MetLife, Inc., the nation’s largest insurance company, and two of its subsidiaries, Metropolitan Life Insurance Company and MetLife Insurance Company USA.

An annual state-by-state analysis of auto insurance reveals rates continue to increase after filing just a single claim. According to a fourth annual study by insuranceQuotes, drivers now pay an average of 44 percent more for car insurance after making a single claim of $2,000 or more.

While scammers are increasingly taking advantage of the power of social media to conduct criminal activity, astute risk managers and their insurance companies are also finding ways to leverage social media information as a tool to combat insurance fraud.