As Caterpillar evolves into a tech-driven service provider, insurers must rethink policies for autonomous systems, cross-border operations, and software-based liabilities.
A jury in Orangeburg County, South Carolina awarded $18 million to former college football player Robert Geathers and his wife Debra after finding that the NCAA was negligent in failing to warn him of the long-term effects of repeated head trauma.
Wind, hail, and water-related claims pushed severity up 9% in 2024, with catastrophe claims reaching a 7-year high of 42%. Adjusters must navigate rising costs, inflation pressures, and shifting risk patterns.
Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.
The state of California alleges major plastic bag manufacturers falsely labeled their products as recyclable, triggering lawsuits and multimillion-dollar settlements.
An MGA startup uses AI simulations to model catastrophe risks at the property level, targeting homes insurers often avoid. But what does it mean for claims handling?
AI-native businesses push insurers to rethink liability forms and create new facilities as casualty risks evolve. Judgment and human expertise remain critical amid tech disruption.
The 2025 season has been quieter than recent years in terms of U.S. landfalls, but meteorologists say storm activity has still been near average. Coastal adjusters should stay alert through season’s end.
Jaguar Land Rover, Marks & Spencer, and Co-op among top UK firms facing costly cyber incidents, with insurance and supply chain impacts rippling across sectors.
Independent agents say poor communication and outdated data are hurting productivity and trust. A new J.D. Power study reveals the breakdown costing insurers business.
Rising premiums, severe weather, and consumer distrust have pushed the personal lines market to a breaking point. Nationwide outlines how carriers and agents can restore trust through proactive protection.
Moody’s 2025 Cyber Survey reveals alarming cybersecurity shortfalls across nearly 2,000 organizations globally, with direct implications for risk management and insurance claims handling.