Commercial Lines
AI Accelerates Cyber Threat Landscape, Poses New Risks for Insurers and Businesses
Industry executives speaking during a recent NetDiligence Cyber Risk Summit in Philadelphia said cyber losses are increasingly driven by operational disruptions, sophisticated fraud schemes, rather ...
Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
The commercial cyber insurance market is strong and growing, but small to midsize businesses may be falling behind as cybercriminals ramp up AI efforts. "Cyber threats are evolving faster than many ...
Workers’ Compensation’s Real Challenge: Orchestration
Workers' compensation has long been one of the most operationally complex lines in the property/casualty insurance industry. What appears on the surface to be a straightforward claims process is, in ...
Business Interruption Claims Approach $1M Average, Says Allianz
The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes, ...
Large Commercial Property Rates Drop 14.5% in Q2 to Highlight Latest Willis Report
Commercial property rates continues to soften, according to a new report from Willis, a WTW business. Large and complex property rates with WTW's portfolio dropped 14.5% in the second quarter of ...
Resolve, Triage, and Enrich: What Makes the First Mile of Intake Work
Insurance teams are continuously trying to reduce friction at intake. Prefill and enrichment are workhorses in that effort. Prefill populates fields, standardizes entries, and removes busywork that ...
WTW, Ivans Reports Signal More Commercial Rate Moderation
U.S. commercial insurance rates increased 0.5% in the second quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). "Commercial insurance pricing is continuing ...
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In
Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs' lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing ...