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Generative AI Creates New Challenges for Insurance Fraud Investigations

Generative AI Creates New Challenges for Insurance Fraud Investigations

Generative AI tools are making it easier to create fake claim evidence, while a new survey finds insurers have limited confidence in their ability to detect and prevent AI-driven fraud.
May 29 Auto Fraud Insurance Industry Property Technology

Insurance Industry Faces Growing Skills Gap as AI Adoption Accelerates

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

Global Transactional Risk Claims Jump 34% in 2025

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 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 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

Contractor Fraud Awareness Week Puts Focus on Storm Chasing Roofing Schemes

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

Pet Insurance Adoption Climbs as Veterinary Costs Push Owners Toward Coverage

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

AI-Generated Claim Fraud Forces Adjusters to Rethink Investigations

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

Dallas Financial Executive Convicted in $150 Million Insurance-Linked Fraud Scheme

Dallas Financial Executive Convicted in $150 Million Insurance-Linked Fraud Scheme

Federal prosecutors said Brad Heppner used shell companies, falsified records, and misleading debt transactions tied to GWG Holdings and Beneficient, leaving thousands of investors facing major losses.
May 13 Fraud Insurance Industry Legislation & Regulation Life & Health Litigation Texas

Instructure Faces Questions After Paying Hackers in Massive Canvas Breach

Instructure Faces Questions After Paying Hackers in Massive Canvas Breach

Hackers tied to the ShinyHunters group claimed to have stolen data tied to 275 million students and staff before disrupting school login systems. The agreement may limit immediate extortion threats, but cyber experts warn the data could still resurface.
May 13 Education & Training Insurance Industry Litigation Risk Management Technology

Gen Z Workers Use AI for Benefits Advice as Medical Costs Rise

Gen Z Workers Use AI for Benefits Advice as Medical Costs Rise

The Hartford says younger workers are turning to tools like ChatGPT during open enrollment as medical costs, inflation and benefit confusion increase pressure on household budgets.
May 11 Insurance Industry Life & Health Risk Management Technology

Allstate’s $925 Million Storm Loss Highlights Growing Severe Convective Storm Crisis

Allstate’s $925 Million Storm Loss Highlights Growing Severe Convective Storm Crisis

Severe convective storms are generating record insured losses across the United States, forcing carriers to rethink underwriting, catastrophe modeling, and homeowner pricing strategies.
May 11 Catastrophe Insurance Industry Property Risk Management Technology

Canvas Data Breach Hits Universities, K-12 Districts During Final Exam Season

Canvas Data Breach Hits Universities, K-12 Districts During Final Exam Season

The cyberattack on Instructure's Canvas platform disrupted exams, exposed user data, and triggered lawsuits as schools and insurers assess fallout from a major education-sector cyber event.
May 11 Education & Training Insurance Industry Litigation Risk Management Technology

Global Insurance Market Stays Soft as Claims Complexity and Geopolitical Risks Rise

Global Insurance Market Stays Soft as Claims Complexity and Geopolitical Risks Rise

Abundant capacity and lower pricing persist, but adjusters face growing challenges from geopolitical conflicts, social inflation, and complex multi-line claims.
May 5 Insurance Industry Litigation Property Risk Management Technology

Cyber Claim Severity Doubles as AI Attacks and Privacy Lawsuits Drive Losses

Cyber Claim Severity Doubles as AI Attacks and Privacy Lawsuits Drive Losses

Chubb's 2026 report shows fewer cyber claims for large U.S. businesses, but far higher losses tied to AI-enabled attacks, ransomware, privacy litigation, and supply-chain disruptions.
May 5 Insurance Industry Legislation & Regulation Liability Litigation Risk Management
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