Insurance firms must decide between building new systems or enhancing legacy platforms through "wrapping" as digital transformation reshapes the industry.
Discover the top claims and risk management trends for 2025, including AI-driven solutions, cyber insurance evolution, wearables in the workplace, and enhanced catastrophe response.
Generative AI promises cost savings and efficiency, but businesses must carefully navigate risks like liability, cyber vulnerabilities, and data privacy before implementation.
The Virginia Workers’ Compensation Commission denied benefits to a school bus driver, emphasizing that injuries caused by simple acts like walking are not automatically compensable.
Southern California faces extreme fire conditions fueled by hurricane-force winds, forcing mass evacuations and widespread power outages, with no immediate relief in sight.
Commercial insurance premiums saw slower increases in 2024, averaging 3.75%, compared to 4.56% in 2023, as lower catastrophe losses drove deceleration in property rates.
Artificial intelligence is reshaping workers’ compensation, offering faster claims resolution and fairer settlements, but overcoming resistance from seasoned adjusters remains a challenge.
A Florida couple allegedly orchestrated an $11 million insurance fraud scheme through unauthorized dental practices, deceiving patients and insurers to fund a luxury lifestyle.
Manufacturers face increasing cyber risks as digital systems grow more integral. Learn how to mitigate vulnerabilities and protect your operations from financial fallout.
Presenters at Triple-I’s Joint Industry Forum spotlighted how granular data, innovative insurance products, and consumer education are closing climate-related protection gaps.
Insurance companies are adopting AI, blockchain, and automation to simplify claims processes, aiming to deliver personalized policies and faster approvals for customers.
The Treasury has sanctioned Beijing-based Integrity Tech for supporting Flax Typhoon, a state-sponsored cyber group linked to U.S. critical infrastructure breaches.
Recent tragedies highlight the dangers of illegal fireworks in Hawaii, leading officials and residents to debate stronger enforcement measures and cultural traditions.
Florida’s condo owners confront rising fees due to stricter safety laws aimed at preventing disasters like the 2021 Surfside collapse, with inspections, reserve funding, and insurance costs at the forefront.
The CFPB has accused Walmart and Branch Messenger of coercing gig drivers to use costly deposit accounts and misrepresenting access to wages, resulting in over $10 million in fees.