Despite costly California wildfires and severe storms in Texas and the Midwest, property claim volume in Q1 2025 dropped to its lowest level in five years, Verisk reports.

Artificial intelligence and outcome-focused care models are streamlining workers’ compensation by improving triage, reducing costs, and prioritizing long-term recovery outcomes.

Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.

The 2025 Atlantic hurricane season is projected to be above-average with 17 named storms, nine hurricanes and four major hurricanes, increasing landfall risks along U.S. and Caribbean coasts.

Insurers can modernize CAT modeling by integrating AI-driven data capture, cleansing, enrichment, and analysis to deliver dynamic, real-time risk assessments that enhance underwriting and portfolio decisions.

In Q1 2025, U.S. and Canadian property claims hit a five-year low even as average replacement costs surged 46 percent year-over-year, led by California wildfire losses and rising reconstruction expenses.

The PIA, NAIC, AITC and NCOIL all warn that a proposed 10-year federal ban on state AI regulation would undermine consumer protections, stifle innovation and disrupt insurance markets.

Agentic AI empowers carriers to tackle operational underwriting bottlenecks—streamlining risk analysis, fraud detection, and workflow automation to boost capacity in today’s talent-scarce market.

Early collaboration between carriers, insureds, and panel counsel in professional liability claims reduces defense costs, preserves policy limits, and strengthens renewal prospects through faster settlements.

Upgraded to ‘extremely dangerous’ Cat 4 before landfall, Erick made shore near Punta Maldonado with 125 mph winds, heavy rain and storm surge poised to trigger floods and mudslides.

A targeted cyberattack compromised Microsoft accounts of Washington Post reporters covering China and national security, prompting a sweeping internal investigation.

A new consumer guide from Triple-I and Munich Re US reveals how legal system abuse inflates claim costs, drives premium increases, and limits insurance accessibility.

Twenty-seven states and D.C. filed suit to block the sale of genetic and medical data in 23andMe’s bankruptcy, citing lack of informed customer consent.

CMT’s 2024 report reveals a shift in distracted driving habits, with fewer drivers using phones but a surge in utility and AI app usage behind the wheel.

Google is working with the National Hurricane Center to evaluate a new AI model that could enhance tropical storm predictions up to 15 days in advance.