CLARA Analytics research reveals machine learning models can identify suspicious claims patterns weeks before traditional methods, potentially saving billions in fraudulent payouts.
A slew of factors have been contributing to workplace injury costs and long recovery times for employees since the pandemic, according to Travelers’ 2025 Injury Impact Report.
AM Best warns that favorable investment environment may discourage necessary rate actions as tort reform changes and social inflation drive claims severity.
Allianz report shows 75% decline in vessel losses over past decade, but warns new challenges from conflicts, cargo theft and alternative fuel transition could offset safety gains.
Marathon Strategies report reveals 52% increase in multi-million dollar awards, even as several states pursue legislative reforms to curb rising liability.
New technology deployments and extended forecast capabilities aim to improve storm tracking as experts anticipate 3-5 major hurricanes during continued “high activity era.”
The workers’ compensation insurance industry posted an 86% combined ratio in 2024—marking its 11th straight year of underwriting gains, according to NCCI’s State of the Line report.
Triple-digit growth among top fronting carriers and evolving reinsurance strategies signal promising future despite performance headwinds in key lines, Gallagher Re reports.
AI-driven innovation and strategic investments fuel the ‘insurtech spring’ as P&C insurtechs lead recovery with $1.13 billion in fresh capital, Gallagher Re reports.