With more Americans over 55 staying in the workforce, injury claims are growing more complex due to slower recovery, comorbidities, and social health factors.
Hail is the leading driver of solar PV natural catastrophe claims in North America, with AXIS Capital urging better forecasting and resilient system design to reduce losses.
Allstate’s 2025 America’s Best Drivers Report reveals which U.S. cities saw the greatest improvements and setbacks in collision rates based on auto claims data.
Insurers are adopting coreless architecture to scale AI, enhance digital servicing, and meet regulatory demands without discarding legacy core systems or disrupting operations.
A new report reveals that while most insurers have adopted AI, fragmented deployment, data issues, and a trust gap hinder enterprise-wide scale and customer-facing value.
Most companies now view sustainability as a value driver, with 88% recognizing profit potential despite high investment costs and climate-related operational challenges.
Louis Vuitton Korea disclosed a data breach from unauthorized access to its system, exposing select customer information while assuring no financial data was compromised.
AI is no longer a back-office tool but a core force transforming how insurance is underwritten, processed, and scaled—with cloud, GenAI, and agentic systems leading the charge.
As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
After deadly Texas floods, the National Weather Service faces scrutiny over Trump-era staffing cuts, though experts say forecasts were timely and accurate despite leadership gaps.
U.S. cyber insurance premiums declined by 2.3% in 2024, driven by rate reductions even as claims frequency rose, highlighting evolving market risks and pricing trends.
Bolt’s successful integration of IoT water sensors with homeowner policies significantly reduces water damage claims, reshaping insurance profitability.
The FBI issues urgent warnings as the Scattered Spider cybercriminal group pivots its attacks from UK retailers to airlines and transport organizations across the US.
Critical satellite data used for predicting rapid hurricane intensification will end June 30, potentially complicating forecasts during peak hurricane season.
Executives’ cyber risk awareness is climbing, yet a misplaced confidence in cyber resilience persists amid escalating threats and geopolitical instability.