Claims / Legal
WTW Unveils Machine-Led Solution to Enhance Insurance Reserving
Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and reinsurers to enhance accuracy and efficiency in ...
Danone Wins Dismissal of Evian Microplastics Lawsuit
The maker of Evian spring water, Danone, won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with labels that claim the water is "natural" even though ...
The Evolving GenAI Journey: Three Ways the Technology Is Impacting P/C Insurance
It is difficult to recall many technologies that have ascended from such relative obscurity to becoming a top agenda item driving conversations across sectors as rapidly ...
Hurricanes Helene, Milton Likely to Be $50B Disasters; Much Uninsured
Monstrous hurricanes Helene and Milton caused so much complex havoc that damages are still being added up, but government and private experts say they will likely join the infamous ranks of Katrina, ...
The Latest Hurricane Milton Insured Loss Estimates: $17B-$50B
Catastrophe risk modelers delivered a wide range of estimates of insured losses from Hurricane Milton this weekâranging from a low of $17 billion to a high of $50 billion. Estimates as of Oct. 17 ...
The ‘Waffle House Index’ Helps Residents, FEMA Gauge Storm Severity
Golden hashbrowns, gravy-smothered biscuits and crispy waffles with a hearty helping of maple syrup are among the classic Southern comfort foods. But when hurricanes tear through Southeastern towns, ...
An Estimated 138,000 Cars Were Flood-Damaged by Hurricane Helene
Hurricane Helene left as many as 138,000 vehicles flood damaged after it tore through at least six states, according to the latest CARFAX estimate. Floodwaters swamped communities in Florida, ...
The Data Behind Rising Homeowners Premiums: By Peril and By State
The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual ...