Claims / Legal
Are We Measuring the Value of Claims AI or Simply Measuring Its Activity?
Imagine a claims leadership meeting a year after the organization introduced a new AI platform. The dashboard looks encouraging. Documents are being summarized. Demand packages are being reviewed ...
Bill to Curb Staged Accidents Introduced in Senate
The industry trades have come out to support the latest effort on Capitol Hill to thwart staged accidents. Sen. Ashley Moody on July 22 introduced the Staged Accident Fraud Prevention Act. About a ...
Home Trend Report: Severity Reaches All-Time High, Frequency Declines
All Peril severity reached an all-time high in 2025, rising 25.9% from a year earlier, a new report on home insurance trends shows. LexisNexis Risk Solutions released its 2026 U.S. Home Trends ...
Tesla’s Cratering Cybertruck Sales Evoke Ford Edsel Comparisons
Ford Motor Co. introduced a car almost 70 years ago widely viewed as the greatest automotive flop of all time. Tesla Inc.'s Cybertruck may well be on its way to claiming that title. Ford's Edsel, ...
Waymo Driverless Cars Crash Less Than Human Drivers: IIHS Study
A new study shows that Waymo driverless cars are involved in fewer crashes than human drivers, but the federal system monitoring automated vehicles needs improvement, according to the Insurance ...
Berry Producer Driscoll’s Sued Over Alleged Use of Forever Chemicals
The world's largest berry company will have to face a class-action lawsuit for supposed "greenwashing" after it allegedly failed to disclose the risk or use of pesticides containing what are known as ...
This Year’s SCS Loss Totals Will Fall Below Average: KCC Analysis
According to a bulletin published by KCC, the risk modeling firm projects that severe convective storm losses for all of 2026 will drop below annual averages based on loss activity accumulated so far ...
Insurer Interest in AI Exclusions Growing as Risk Becomes Omnipresent
It's no surprise given the penetration of artificial intelligence into lives and businesses that it appears insurers are gearing up to exclude AI risk in some of their commercial liability policies. ...