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Growing use of artificial intelligence and machine learning is opening up new lanes of vulnerability.

Plaintiff attorneys are employing multiple strategies to initiate more lawsuits, drive up litigation expenses and settlements, and secure higher verdicts.

The North American Pet Health Insurance Association reports that the total premium volume for pet insurance in the U.S. is $3.2 billion.

The growing availability of external data and advances in risk modeling can make a difference in assessing and mitigating these losses.

Risk management and insurance organizations must stay committed to moving forward with innovation and strong leadership.

The average cost per lightning-related claim in 2022 decreased by nearly 30% compared with 2021, according to Triple-I.

Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%. 

Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.