Cybersecurity Insurance Market Set to Surpass $32 Billion by 2030 Amid Rising Threats
Cyber insurance is on track to more than double in market value by 2030, driven by rising cyberattacks, new regulations, and demand for integrated risk solutions.
July 21
Insurance Industry
Risk Management
Technology
Insurers Embrace Agentic AI as Trust and Risk Take Center Stage
Insurers are piloting agentic AI to streamline claims and underwriting, but widespread adoption is slowed by trust, privacy concerns, and regulatory readiness gaps.
July 21
Insurance Industry
Risk Management
Technology
Underwriting
Zuckerberg to Testify in $8 Billion Trial Alleging Facebook Misled Users and Shareholders
Mark Zuckerberg is set to testify in an $8 billion shareholder lawsuit alleging Facebook ignored a 2012 FTC order and misled users about privacy following the Cambridge Analytica scandal.
July 15
Insurance Industry
Litigation
Risk Management
Technology
How Aging Workers Are Reshaping the Complexity of Workers Compensation Claims
With more Americans over 55 staying in the workforce, injury claims are growing more complex due to slower recovery, comorbidities, and social health factors.
July 14
Risk Management
Technology
Workers' Compensation
Hail Causes Over Half of Solar PV Weather Claims in North America According to AXIS Capital Report
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.
July 12
Catastrophe
Property
Risk Management
Technology
New Report Ranks Safest and Riskiest U.S. Cities for Drivers in 2025
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.
July 10
Auto
Property
Risk Management
Technology
Why Coreless Architecture Is the Key to Scalable AI in Insurance
Insurers are adopting coreless architecture to scale AI, enhance digital servicing, and meet regulatory demands without discarding legacy core systems or disrupting operations.
July 10
Insurance Industry
Risk Management
Technology
Underwriting
Insurance Industry Expands AI Use but Faces Challenges in Scaling and Customer Trust
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.
July 10
Education & Training
Risk Management
Technology
Corporate Sustainability Strategies Gain Traction as Companies Eye Profitable Climate Resilience
Most companies now view sustainability as a value driver, with 88% recognizing profit potential despite high investment costs and climate-related operational challenges.
July 7
Insurance Industry
Property
Risk Management
Technology
Louis Vuitton Reports Data Breach Affecting Customer Information
Louis Vuitton Korea disclosed a data breach from unauthorized access to its system, exposing select customer information while assuring no financial data was compromised.
July 7
Insurance Industry
Liability
Risk Management
Technology
AI Is Redefining Insurance from the Cloud Up
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.
July 7
Education & Training
Insurance Industry
Technology
Underwriting
How to Manage Property Risk in 2025 with Smarter Valuation and Technology
As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
July 7
Catastrophe
Property
Risk Management
Technology
California
Florida
Flood Forecasting Defended by NWS as Critics Question Impact of Staffing Cuts
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.
July 7
Catastrophe
Legislation & Regulation
Risk Management
Technology
Texas
U.S. Cyber Insurance Premiums Experience First-Ever Decline Amid Pricing Adjustments
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.
July 2
Insurance Industry
Liability
Risk Management
Technology
How Water Leak Sensors Are Transforming Insurance Economics
Bolt’s successful integration of IoT water sensors with homeowner policies significantly reduces water damage claims, reshaping insurance profitability.
July 2
Property
Risk Management
Technology
Underwriting
