Rising exposure values, climate change, and urbanization drive continued growth in catastrophe costs as insurance industry prepares for potential record-breaking loss scenarios: Swiss Re.

Deloitte report reveals how multimodal AI technologies across text, audio, video and IoT data are transforming fraud detection in the P&C sector, where 10% of claims are fraudulent.

Demographic changes and a changing climate are colliding to create greater losses from convective storms.

Unprecedented weather shifts and soaring reconstruction costs force property insurers to reimagine risk assessment strategies, Verisk reports.

U.S. property and casualty insurers rebound with $22.9 billion underwriting gain, marking dramatic turnaround from 2023 losses, AM Best reports.

Third-party vulnerabilities drive cyber insurance losses as ransomware and vendor outages dominate 2024 claims, Resilience reports.

Insureds have better defenses, but attackers are becoming more sophisticated too.

When injured workers are afraid to report on-the-job injuries—no matter the reasoning—everyone suffers. It’s time to find a better solution to injury reporting.

Insurers and their clients are under pressure to prevent verdicts in the tens of millions of dollars. Having the proper defense and prevention tools can help.

Despite a $2.6 billion net underwriting loss in 2024, P&C insurers show resilience through rate increases and investment gains, AM Best reports.

Economic volatility, climate change and technology are reshaping insurer operational strategies, Gallagher Bassett report finds.

Cargo theft incidents surge 27% in 2024 as criminals shift tactics and target new commodities across supply chains, CargoNet’s analysis shows.

Pennsylvania courts top ATRA’s list of unfair legal venues, as nuclear verdicts and lawsuit abuse plague multiple jurisdictions.

Cargo theft surges during Thanksgiving as criminals target trucks and exploit extended holiday facility closures, CargoNet reports..

Five emerging liability claim trends are reshaping the risk landscape, finds a report by Allianz Commercial.

In this fictional scenario, business owners suffer when they lack the appropriate coverage.

We are taking a dual-channel distribution approach, providing products tailored for both retail and wholesale markets.

Litigation costs drove a 57% increase in US liability claims over the past decade, reaching an annual peak of 7% in 2023, Swiss Re reports.

Collision/crash incidents, faulty workmanship, and natural catastrophes top aviation insurance claims globally, as repair costs and labor challenges rise, Allianz Commercial reports.

A new report by Milliman estimates that PFAS remediation costs for U.S. water districts could reach as high as $175 billion, helping companies and insurers quantify the potential exposure.