AI Compliance Risk in Insurance: Why Explainability Is Now a Regulatory Requirement
State regulators are accelerating enforcement on AI use in insurance, exposing carriers to fines and legal risk when decision models lack transparency.
March 23
Insurance Industry
Legislation & Regulation
Risk Management
Technology
California
Colorado
Florida
Georgia
Illinois
Insurance Industry Eyes Prediction Markets for Catastrophe Risk and Faster Payouts
New parametric-style contracts promise instant payouts and real-time risk pricing, but questions remain about regulation, reliability, and claims implications.
March 23
Catastrophe
Insurance Industry
Property
Risk Management
Technology
California
Florida
South Carolina
Texas
Allstate Alleges $25M Texas Chiropractic Scheme Inflated Auto Injury Claims
The insurer claims a network of chiropractic clinics pushed identical treatments and relied on letters of protection to inflate injury claims tied to car accidents.
March 12
Auto
Fraud
Insurance Industry
Litigation
Texas
NFIP Debt and Low Uptake Leave Texas Flood Losses Largely Uninsured
Texas Hill Country floods reveal low insurance uptake, mounting NFIP debt, and growing pressure on FEMA’s Risk Rating 2.0 reforms.
February 19
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Risk Management
Texas
Public Safety Power Shutoffs Expand Beyond California Amid Growing Wildfire Risk
Utilities across the West are increasingly cutting power during high-risk weather, reshaping wildfire prevention strategies and claims exposure for insurers.
February 9
Catastrophe
Insurance Industry
Legislation & Regulation
Liability
Property
California
Colorado
Nevada
New Mexico
Texas
Deep Freeze Hits Southeast With Snowstorms, Widespread Claims, and Florida Crop Risk
A prolonged Arctic outbreak brings snow, crashes, power outages, and freeze losses across the Southeast, raising claim concerns from auto accidents to Florida citrus damage.
February 2
Auto
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Louisiana
Mississippi
New Jersey
North Carolina
Frozen Pipes Drive $628 Million in State Farm Water Damage Losses
New claims data shows freeze-related water losses remain a major severity driver, with average payments exceeding $30,000 and repairs stretching for months.
January 27
Catastrophe
Insurance Industry
Property
Risk Management
Illinois
Oregon
Tennessee
Texas
Washington
Winter Storm Fern Poised to Drive Billion-Dollar Insured Losses Across 34 States
Prolonged ice, power outages, and lingering cold raise concerns over property damage, frozen pipes, and business interruption claims across much of the US.
January 26
Catastrophe
Insurance Industry
Property
Risk Management
District Of Columbia
Louisiana
Mississippi
New York
Tennessee
Ice Storm Strains US Power Grids as Blackout Risks Rise From Texas to New England
Grid operators warn of record winter demand and prolonged outages as ice damage, extreme cold, and emergency measures collide across multiple regions.
January 26
Auto
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Connecticut
District Of Columbia
Illinois
Louisiana
Maine
Texas Breaks Tornado Records in 2025 as Claims and Premium Pressures Mount
Texas recorded more tornadoes than any other state in 2025, intensifying claims activity, pushing premiums higher, and renewing scrutiny on wind and hail deductibles across the property insurance market.
January 12
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Risk Management
Arkansas
Missouri
North Dakota
Texas
Why Casualty Claims Are Harder to Settle in 2026 Despite Market Stabilization
Rates may be leveling off, but jury behavior, litigation funding, and documentation demands continue to drive claim severity and settlement complexity heading into 2026.
January 12
Auto
Insurance Industry
Liability
Litigation
Property
California
Illinois
New York
Texas
Wildfires and Hailstorms Drive $100B in Insured Losses Again in 2025
The 2025 Los Angeles wildfire was the costliest ever, but quieter, relentless storms caused even more damage nationwide. The result is soaring insurance costs and shrinking coverage options.
December 22, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Underwriting
California
Florida
Texas
Most US Homes at Risk of Underinsurance Despite High Policyholder Confidence
A new survey finds most homeowners believe they’re fully covered for disasters like floods and wildfires, but industry data shows many lack essential protections.
December 12, 2025
Catastrophe
Education & Training
Insurance Industry
Property
Risk Management
Arizona
California
Florida
Louisiana
Nevada
Rising Ocean Temps to Drive Massive Insured Losses From Cat 5 Hurricanes in Florida, East Coast
New research links a warming Atlantic to more extreme hurricane activity, with Florida, New York, and the Carolinas facing sharp increases in storm-driven insurance claims.
December 4, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
Massachusetts
New York
North Carolina
Rhode Island
Federal Jury Convicts Two in ACA Subsidy Fraud Involving Homeless Enrollees
A South Florida jury found two men guilty of exploiting ACA subsidies by enrolling homeless individuals in plans they didn’t qualify for, generating millions in commissions.
November 19, 2025
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Arizona
Florida
Texas
