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NASCAR Champion Kyle Busch Sues Pacific Life for $8.5M Over Alleged Life Insurance Deception

NASCAR champion claims Pacific Life misrepresented a retirement-focused Indexed Universal Life policy, leading to a multi-million-dollar loss.
November 3, 2025 Insurance Industry Life & Health Litigation Risk Management

Verisk Projects Up to $4.2B in Insured Losses from Hurricane Melissa in Jamaica

With insurance take-up rates below 20%, Hurricane Melissa’s record-setting impact on Jamaica exposes significant coverage gaps. Verisk and Aon warn of rising insured and economic losses.
November 3, 2025 Catastrophe Insurance Industry Liability Property Risk Management

Declining Public Trust in Healthcare Challenges Medical Malpractice Defense

Distrust in hospitals and physicians is reshaping jury perceptions, complicating healthcare litigation, and elevating risk for claims professionals.
November 3, 2025 Liability Life & Health Litigation Risk Management

Freight Brokers Targeted in Sophisticated Cyber Cargo Theft Schemes

Hackers are exploiting logistics tech to bid on and steal real freight shipments, costing companies millions and disrupting supply chains.
November 3, 2025 Auto Fraud Risk Management Technology

Underwriting Gets Faster and Smarter with AI and API-Driven Tools

MGA underwriters are turning to AI, APIs, and automation to speed up quotes, reduce busywork, and adapt to increasingly complex risks like crypto, EV infrastructure, and IoT.
November 3, 2025 Insurance Industry Risk Management Technology Underwriting

AI Lawsuits Drive D&O Insurance Shifts as Regulators Target Misleading Claims

Rising AI-related shareholder suits, fraud cases, and regulatory actions are pressuring D&O insurers to reassess risk, raise premiums, and scrutinize disclosures.
November 3, 2025 Fraud Insurance Industry Litigation Risk Management

Gen Z Shuns Insurance Careers Despite Seeking Stability

Gen Z values stability, but the insurance industry’s image as rigid, unethical, and uninspiring keeps them away. A new report shows what insurers must change to win them over.
October 29, 2025 Education & Training Insurance Industry Risk Management

Caterpillar’s AI Push Fuels New Insurance Risks in Autonomous Equipment

As Caterpillar evolves into a tech-driven service provider, insurers must rethink policies for autonomous systems, cross-border operations, and software-based liabilities.
October 29, 2025 Legislation & Regulation Liability Litigation Risk Management Technology

$18 Million Verdict: NCAA Found Negligent in Former College Player’s Head-Injury Suit

A jury in Orangeburg County, South Carolina awarded $18 million to former college football player Robert Geathers and his wife Debra after finding that the NCAA was negligent in failing to warn him of the long-term effects of repeated head trauma.
October 29, 2025 Insurance Industry Liability Life & Health Risk Management South Carolina

2025 Home Insurance Severity Hits 7-Year High

Wind, hail, and water-related claims pushed severity up 9% in 2024, with catastrophe claims reaching a 7-year high of 42%. Adjusters must navigate rising costs, inflation pressures, and shifting risk patterns.
October 27, 2025 Catastrophe Insurance Industry Property Risk Management

Liberty Mutual Sued for Failing to Defend Manufacturer in Property Damage Cases

Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.
October 20, 2025 Insurance Industry Legislation & Regulation Liability Property Risk Management California Colorado Louisiana

Developing System in Caribbean Could Become Tropical Storm Melissa

Forecasters give the system an 80% chance of formation this week as it moves toward the Greater Antilles. No immediate Gulf Coast threat.
October 20, 2025 Catastrophe Insurance Industry Marine Property Risk Management

California Sues Plastic Bag Makers Over False Recycling Claims

The state of California alleges major plastic bag manufacturers falsely labeled their products as recyclable, triggering lawsuits and multimillion-dollar settlements.
October 20, 2025 Insurance Industry Legislation & Regulation Liability Risk Management California

AI-Powered Home ‘Digital Twins’ Aim to Revolutionize High-Risk Property Insurance

An MGA startup uses AI simulations to model catastrophe risks at the property level, targeting homes insurers often avoid. But what does it mean for claims handling?
October 17, 2025 Catastrophe Property Risk Management Technology California Florida

AI Uncertainty in Insurance: Coverage Gaps, Casualty Risks, and E&S Innovations

AI-native businesses push insurers to rethink liability forms and create new facilities as casualty risks evolve. Judgment and human expertise remain critical amid tech disruption.
October 16, 2025 Excess & Surplus Lines Insurance Industry Risk Management Technology California
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