Can Weather Betting Markets Improve Claims Risk Forecasting?
Prediction markets are attracting traders, scientists, and insurers, raising questions about forecast accuracy, data integrity, and risk pricing.
April 16
Catastrophe
Insurance Industry
Risk Management
Technology
Auto Claims Severity Rises as Total Loss Frequency Hits Record 23%, CCC Finds
Rising deductibles, aging vehicles, and increasing bodily injury costs are concentrating risk and reshaping how claims are filed, evaluated, and settled.
April 13
Auto
Insurance Industry
Litigation
Risk Management
Technology
Florida
Georgia
North Carolina
South Carolina
Women in Claims Leadership Face Hidden Barriers Despite Strong Performance
High-performing women in insurance claims are driving results but not gaining authority. New research shows the issue is visibility and structural bias, not ambition.
April 8
Education & Training
Insurance Industry
Risk Management
Technology
Workers' Compensation
Mount Everest Rescue Insurance Scam Allegedly Cost Insurers $20 Million
Nepali authorities say foreign climbers were funneled through staged rescues, questionable hospital treatment, and falsified records to trigger insurance payouts. The case offers a stark example of how coordinated fraud can exploit high-risk travel and medical claims.
April 6
Fraud
Insurance Industry
Risk Management
Technology
Hasbro Cyberattack Disrupts Operations, Triggers Business Continuity Measures
Toy manufacturer activates incident response and business continuity plans as investigation continues and delays emerge.
April 3
Insurance Industry
Risk Management
Technology
Smart Water Shutoff Devices Cut Claim Frequency by 81%, Study Finds
New carrier-backed study shows significant drops in water damage claim frequency and severity, with implications for underwriting and loss prevention strategies.
April 1
Property
Risk Management
Technology
Underwriting
Microbetting Lawsuit Targets DraftKings, FanDuel, NFL Over Addiction Claims
Pennsylvania plaintiffs allege AI-driven in-game betting and targeted incentives create addictive gambling behavior and financial harm.
April 1
Insurance Industry
Liability
Litigation
Technology
Massachusetts
Pennsylvania
Cyberattacks on Hospitals and Infrastructure Signal Rising Claims Risk
Iran-linked cyber activity targeting hospitals, infrastructure, and mobile devices shows how digital attacks are reshaping risk exposure and insurance claims.
April 1
Catastrophe
Liability
Property
Risk Management
Technology
2025 Catastrophe Losses Hit $127B Insured as Wildfire and Storm Claims Surge
Aon report highlights how wildfire and severe convective storm losses are reshaping insured catastrophe trends despite lower overall disaster activity.
April 1
Catastrophe
Insurance Industry
Property
Risk Management
Technology
AI Insurance Fraud Surges as Adjusters Face Rising Digital Manipulation Risks
New Verisk data shows widespread use of AI editing tools, growing fraud risks, and ongoing challenges for adjusters detecting manipulated claim evidence.
April 1
Fraud
Insurance Industry
Risk Management
Technology
Manual Claims Processing Costs Insurers Millions Annually, Automation Cuts Costs Fast
Legacy workflows and document-heavy processes are driving up claim costs and cycle times, while targeted automation offers measurable savings within months.
April 1
Insurance Industry
Property
Risk Management
Technology
Cyber Claims Surge in Severity as AI and Litigation Accelerate Losses
New data shows rising breach costs, faster lawsuits, and AI-powered attacks reshaping cyber claims handling and severity.
March 30
Fraud
Litigation
Risk Management
Technology
Crypto Insurance Gaps Leave Theft Victims Without Coverage
Crypto platforms market account protection, but exclusions and strict requirements often leave theft victims without reimbursement.
March 30
Fraud
Insurance Industry
Litigation
Risk Management
Technology
Supreme Court Limits ISP Liability in $1B Music Piracy Case
Justices rule ISPs are not liable for user piracy without proof of intent, reshaping exposure for digital service providers and insurers.
March 25
Insurance Industry
Liability
Litigation
Technology
Claims Audit Programs Fail Without Systems That Preserve Expertise
Most audit programs rely on people instead of systems, leading to lost knowledge, inconsistent results, and missed opportunities to reduce claims leakage.
March 23
Education & Training
Insurance Industry
Risk Management
Technology
