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Neutral Pacific Waters Signal Potential Spike in Atlantic Hurricanes

Neutral Pacific Waters Signal Potential Spike in Atlantic Hurricanes

With La Niña officially over and El Niño unlikely, the Atlantic may face an active hurricane season as neutral Pacific conditions remove key storm barriers.
April 21, 2025 Catastrophe Insurance Industry Property Risk Management Alabama Florida Louisiana Mississippi Texas

New York Court Blocks City’s Attempt to Recoup Firefighter Injury Payments After Retirement

New York Court Blocks City’s Attempt to Recoup Firefighter Injury Payments After Retirement

A New York court has ruled that post-retirement pension supplements paid to an injured firefighter are not subject to reimbursement under workers’ compensation laws.
April 21, 2025 Liability Litigation Risk Management Workers' Compensation New York

Reimagining Claims with AI: A Practical Path from Manual to Autonomous Workflows

Reimagining Claims with AI: A Practical Path from Manual to Autonomous Workflows

Insurance leaders are stepping into a new claims era—where AI-driven coworkers transform workflows, elevate adjuster roles, and future-proof operations through autonomy.
April 21, 2025 Education & Training Insurance Industry Risk Management Technology

How Agentic AI Is Transforming Insurance and Financial Services with Next Best Action Technology

How Agentic AI Is Transforming Insurance and Financial Services with Next Best Action Technology

Agentic AI is reshaping insurance and financial services by empowering digital coworkers to drive timely, compliant, and actionable decisions at scale.
April 18, 2025 Property Risk Management Technology California

How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide

How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide

As natural catastrophe and extreme weather losses escalate globally, insurers, developers, and financiers must rethink risk management to keep renewable energy projects insurable and bankable.
April 15, 2025 Catastrophe Insurance Industry Property Risk Management

Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding

Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding

Buffalo Trace Distillery in Kentucky is cleaning up and inspecting barrels after severe flooding, with plans to resume bottling and reopen its visitor center soon.
April 15, 2025 Catastrophe Insurance Industry Property Risk Management Kentucky

Florida Art Dealer Accused of Selling Fake Warhols in Alleged $240K Fraud Scheme

Florida Art Dealer Accused of Selling Fake Warhols in Alleged $240K Fraud Scheme

Two South Florida men face federal charges for allegedly conspiring to sell forged Andy Warhol artwork using fake invoices and fraudulent authentication documents.
April 14, 2025 Fraud Insurance Industry Litigation Risk Management Florida New York

AI Weather Models Bring Hyper-Local Flood Forecasting to Insurance Industry

AI Weather Models Bring Hyper-Local Flood Forecasting to Insurance Industry

Advances in AI-powered weather models are helping insurers create hyper-local flood forecasts, allowing faster warnings and reducing risk from extreme weather events.
April 14, 2025 Catastrophe Property Risk Management Technology

Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict

Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict

Hackers breached Morocco’s social security database, leaking personal and financial data on Telegram amid rising cyber tensions between Morocco and Algeria.
April 14, 2025 Insurance Industry Legislation & Regulation Risk Management Technology

States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns

States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns

States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14, 2025 Insurance Industry Legislation & Regulation Litigation Risk Management Arizona California Georgia Kansas Massachusetts

Climate Change and Supply Chain Disruptions Are Reshaping Business Interruption Insurance

Climate Change and Supply Chain Disruptions Are Reshaping Business Interruption Insurance

As climate risks intensify and supply chain uncertainty grows, insurers and businesses are rethinking business interruption coverage and the risks of underreporting exposures.
April 14, 2025 Catastrophe Property Risk Management

Businesses Rank Civil Unrest as Top Risk as Global Political Tensions Escalate

Businesses Rank Civil Unrest as Top Risk as Global Political Tensions Escalate

With protests surging worldwide, civil unrest, terrorism, cyber-attacks, and state-sponsored sabotage are key threats businesses face, according to an Allianz report.
April 11, 2025 Catastrophe Insurance Industry Property Risk Management

Where Home Insurance Still Costs Under $1,200 a Year

Where Home Insurance Still Costs Under $1,200 a Year

As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8, 2025 Catastrophe Insurance Industry Property Risk Management Florida Indiana Louisiana North Carolina Ohio

EU Weighs International Carbon Credits to Ease 2040 Emissions Target for Domestic Industries

EU Weighs International Carbon Credits to Ease 2040 Emissions Target for Domestic Industries

The European Commission is exploring whether to count international carbon credits toward its 2040 climate goals, a shift that could ease pressure on EU-based industries.
April 7, 2025 Catastrophe Insurance Industry Legislation & Regulation Risk Management

Auto Insurance Premiums Set to Rise as Global Tariffs Drive Up Repair Costs

Auto Insurance Premiums Set to Rise as Global Tariffs Drive Up Repair Costs

New global vehicle and parts tariffs are expected to drive up repair and claim costs, forcing U.S. auto insurers to implement more premium increases in 2025.
April 4, 2025 Auto Insurance Industry Legislation & Regulation Risk Management