Insurance Industry Expands AI Use but Faces Challenges in Scaling and Customer Trust
A new report reveals that while most insurers have adopted AI, fragmented deployment, data issues, and a trust gap hinder enterprise-wide scale and customer-facing value.
July 10, 2025
Education & Training
Risk Management
Technology
Corporate Sustainability Strategies Gain Traction as Companies Eye Profitable Climate Resilience
Most companies now view sustainability as a value driver, with 88% recognizing profit potential despite high investment costs and climate-related operational challenges.
July 7, 2025
Insurance Industry
Property
Risk Management
Technology
Lululemon Sues Costco Over Lookalike Apparel Alleging Consumer Confusion
Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.
July 7, 2025
Insurance Industry
Liability
Litigation
Risk Management
California
Louis Vuitton Reports Data Breach Affecting Customer Information
Louis Vuitton Korea disclosed a data breach from unauthorized access to its system, exposing select customer information while assuring no financial data was compromised.
July 7, 2025
Insurance Industry
Liability
Risk Management
Technology
How to Manage Property Risk in 2025 with Smarter Valuation and Technology
As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
July 7, 2025
Catastrophe
Property
Risk Management
Technology
California
Florida
Flood Forecasting Defended by NWS as Critics Question Impact of Staffing Cuts
After deadly Texas floods, the National Weather Service faces scrutiny over Trump-era staffing cuts, though experts say forecasts were timely and accurate despite leadership gaps.
July 7, 2025
Catastrophe
Legislation & Regulation
Risk Management
Technology
Texas
U.S. Cyber Insurance Premiums Experience First-Ever Decline Amid Pricing Adjustments
U.S. cyber insurance premiums declined by 2.3% in 2024, driven by rate reductions even as claims frequency rose, highlighting evolving market risks and pricing trends.
July 2, 2025
Insurance Industry
Liability
Risk Management
Technology
How Water Leak Sensors Are Transforming Insurance Economics
Bolt’s successful integration of IoT water sensors with homeowner policies significantly reduces water damage claims, reshaping insurance profitability.
July 2, 2025
Property
Risk Management
Technology
Underwriting
Scattered Spider Cyber Threat Targets US Airline and Transport Industries
The FBI issues urgent warnings as the Scattered Spider cybercriminal group pivots its attacks from UK retailers to airlines and transport organizations across the US.
June 30, 2025
Education & Training
Liability
Risk Management
Technology
Loss of Military Satellite Data May Affect Hurricane Forecast Accuracy
Critical satellite data used for predicting rapid hurricane intensification will end June 30, potentially complicating forecasts during peak hurricane season.
June 30, 2025
Catastrophe
Property
Risk Management
Technology
Italian Executives Receive Lengthy Prison Terms for PFAS Pollution
Executives of a chemical plant in Italy face significant jail sentences after court finds them responsible for extensive PFAS contamination affecting drinking water.
June 30, 2025
Legislation & Regulation
Liability
Litigation
Risk Management
Cyber Risk and Technology Trends Reshaping Business Resilience in 2025
Executives’ cyber risk awareness is climbing, yet a misplaced confidence in cyber resilience persists amid escalating threats and geopolitical instability.
June 30, 2025
Legislation & Regulation
Liability
Risk Management
Technology
California
Modernizing Insurance Claims Payment Infrastructure for Greater Efficiency and Trust
Research reveals that fragmented back-end financial systems hinder timely claims payments and increase risks, highlighting the need for integrated, real-time solutions.
June 30, 2025
Education & Training
Insurance Industry
Risk Management
Technology
Federal Judge Rules Anthropic’s Book Use Fair but Piracy Still Faces Penalty
A San Francisco federal judge declares Anthropic’s AI book training fair use, yet rules storing millions of pirated copies illegal, setting stage for potential damages.
June 25, 2025
Legislation & Regulation
Litigation
Risk Management
Technology
California
How PFAS Influence Environmental Liability Risks in Construction Projects
Westfield Specialty’s Dennis Willette explores how PFAS contaminants shape environmental liability coverage in construction and why contractors need this insurance.
June 25, 2025
Legislation & Regulation
Liability
Property
Risk Management
