
Contractor Hit With Potential $2M Judgment After Inflated Hail Claim Scheme
A Colorado jury found a contractor intentionally interfered with an insurance contract after allegedly inflating a church hail damage claim. The verdict highlights growing insurer scrutiny of contractor involvement in appraisal disputes and claim inflation.
May 28
Catastrophe
Fraud
Legislation & Regulation
Litigation
Property
Colorado

Insurance Industry Faces Growing Skills Gap as AI Adoption Accelerates
The Institutes Knowledge Group's 2026 Skills Report finds AI literacy, claims expertise, leadership, and risk management skills are becoming critical as insurance roles evolve.
May 28
Catastrophe
Education & Training
Insurance Industry
Liability
Property

West Coast Chemical Tank Failures Spotlight Inspection Gaps and Industrial Safety Risks
Deadly incidents in Washington and California are drawing attention to chemical storage inspections, emergency planning, and the risks tied to aging industrial tanks. Regulators and safety experts say maintenance failures can quickly escalate into major claims events.
May 28
Catastrophe
Legislation & Regulation
Liability
Litigation
Property
California
Washington

Global Transactional Risk Claims Jump 34% in 2025
A new Marsh report shows global transactional risk insurance claims rose 34% in 2025, with financial statement breaches accounting for more than half of total paid losses and insurers paying nearly $650 million worldwide.
May 28
Insurance Industry
Litigation
Risk Management
Technology
Underwriting

Economic Stress Pushes Insurance Customers to Shop and Switch Carriers
Economic pressure and rising insurance premiums are driving record shopping activity, forcing carriers to rethink retention strategies, customer communication, and AI-driven workflows.
May 28
Auto
Insurance Industry
Risk Management
Technology
Underwriting

CNN Sues Perplexity Over Alleged Copyright Infringement and AI Content Use
CNN alleges Perplexity unlawfully used and distributed copyrighted news content through its AI search platform. The lawsuit adds to mounting legal pressure on AI companies over publisher rights and compensation.
May 28
Insurance Industry
Litigation
Risk Management
Technology

California Chemical Tank Emergency Leaves 16,000 Displaced After Explosion Threat Eases
Officials allowed more than half of evacuated residents to return home after pressure inside a volatile chemical tank dropped, though thousands remain displaced as investigations continue into the industrial incident.
May 26
Catastrophe
Insurance Industry
Liability
Litigation
Property
California

Contractor Fraud Awareness Week Puts Focus on Storm Chasing Roofing Schemes
As Contractor Fraud Awareness Week continues nationwide, roofing contractors, insurers, and adjusters are warning homeowners about storm chasing scams, inflated claims, and post-disaster fraud risks.
May 21
Catastrophe
Fraud
Insurance Industry
Property
Risk Management

Southern California Wildfire Threatens 17,000 Homes as Sandy Fire Reaches 30% Containment
Fire crews gained ground overnight as calmer winds helped containment efforts near Simi Valley. Thousands remain under evacuation orders as wildfire risk continues across Southern California.
May 21
Catastrophe
Property
Risk Management
California

Insurers, Pharmacies Win $885 Million Verdict Against Takeda in Generic Drug Lawsuit
A federal jury found Takeda used an anticompetitive settlement to delay generic Amitiza, exposing the drugmaker to potentially billions in damages under federal antitrust law. The verdict is the first plaintiff win in a jury trial involving pharmaceutical pay-for-delay claims since a 2013 U.S. Supreme Court ruling.
May 21
Insurance Industry
Legislation & Regulation
Life & Health
Litigation
Massachusetts

Munich Re: 2026 Atlantic Hurricane Season Expected to Weaken as Typhoon Risk Rises
Munich Re says El Niño conditions could suppress Atlantic hurricane activity while increasing typhoon risks across the western Pacific. The reinsurer warns that even a quiet season can still produce catastrophic insured losses.
May 21
Catastrophe
Insurance Industry
Property
Risk Management
Underwriting

Pet Insurance Adoption Climbs as Veterinary Costs Push Owners Toward Coverage
AI-powered claims handling, rising veterinary costs, and employer-sponsored coverage are reshaping the pet insurance market worldwide. Insurers are betting on faster claims payments and digital distribution to close the large uninsured pet gap in the U.S.
May 19
Insurance Industry
Property
Risk Management
Technology
Underwriting

How AI and Real-Time Data Are Changing Homeowners Insurance Underwriting
Insurers are relying on AI, analytics, and cross-functional collaboration to manage rising catastrophe losses, aging homes, and hyper-local property risks. The changes are also affecting claims handling, pricing accuracy, and coverage clarity.
May 19

NHC Begins 2026 Atlantic Hurricane Outlooks
The National Hurricane Center has begun issuing daily Atlantic Tropical Weather Outlooks for the 2026 season. No tropical cyclone formation is expected over the next seven days, but parts of Florida and the Southeast Coast are being watched as higher-risk areas this year.
May 18
Auto
Catastrophe
Insurance Industry
Marine
Property
Florida
North Carolina
South Carolina

AI-Generated Claim Fraud Forces Adjusters to Rethink Investigations
Fraudsters are using AI to create convincing photos, invoices, medical records and identities. Adjusters need stronger verification, native files, field investigation and clear evidence before denying a claim.
May 18
Auto
Fraud
Insurance Industry
Litigation
Property



