Cyber claims frequency fell 53% in H1 2025, but ransomware severity rose 17% as attackers became more targeted, with double and triple extortion tactics on the rise.
Hurricanes Humberto, Erin, and Gabrielle have all reached major hurricane status, marking the first time since 1935 that the season’s first three storms hit Category 3 or higher.
A federal judge ruled that Martin Shkreli must face a lawsuit from PleasrDAO over allegedly copying and streaming the rare Wu-Tang Clan album ‘Once Upon a Time in Shaolin.’
Insurance executives worldwide rank artificial intelligence above inflation and climate risk, signaling a major shift toward digital transformation and innovation in 2025.
New research analyzing five major California wildfires finds that defensible space and home hardening measures can reduce structural losses by up to 48 percent.
Discover how execution-first risk strategies help commercial property owners prevent losses, preserve capital, and improve portfolio performance through proactive planning.
A former Texas insurance agent has been sentenced to five years in prison after pleading guilty to stealing nearly $300,000 in premiums from a municipal waste authority.
Environmental insurers are rethinking PFAS risk, navigating fallout from green policies, and adapting to a shifting market shaped by redevelopment and climate disclosure pressures.
Marsh’s 2025 Climate Adaptation Survey reveals that while most businesses are assessing future climate risks, many still lack funding, strategy, or data to drive resilient action.
A pair of studies warn that wildfire smoke could cause over 71,000 U.S. deaths annually by 2050 and cost the economy $608 billion a year if emissions remain high.
New WCRI research finds that fear, poor coping, and low mood are common among injured workers and lead to delayed recovery and higher costs in comp knee and shoulder claims.
The FTC and seven states allege Live Nation and Ticketmaster enabled brokers to bypass ticket limits, reaping billions in fees while fans paid inflated resale prices.
Insurance leaders report measurable AI benefits in underwriting, claims, and risk management, though full returns depend on thoughtful integration and workforce adaptation.
Artificial intelligence has emerged as the leading industry focus for global insurance executives in 2025, surpassing inflation after three years at the top of the list.
Hazmat carriers are being pushed into the E&S market amid rising costs and tighter underwriting, exposing gaps in broker expertise and threatening long-term coverage stability.