Tag: Risk Management

Identity Theft: What You Need to Know

NICB Projects 49% Surge in Identity Crime Fraud Impacting U.S. Insurance in 2025

The National Insurance Crime Bureau forecasts a 49% rise in identity crime fraud in 2025, emphasizing synthetic identity fraud's impact on insurance claims and industry risk management.

NAIC Summer 2025 Meeting Advances Reinsurance, Investment, AI Oversight

Summary of NAIC Summer 2025 Meeting covering life reinsurance asset adequacy testing, offshore reinsurance risks, funding-agreement-backed programs, AI regulatory frameworks, and updates on insurance investment monitoring and accounting.

AM Best Downgrades Erie Insurance Group Property/Casualty Ratings, Affirms Erie Family Life

AM Best downgrades Erie Insurance Group's property/casualty credit ratings from A+ to A, citing underwriting losses and weather claims impact. Erie Family Life's rating affirmed.

Mercury Insurance Emphasizes Fall Home Maintenance to Reduce Claims

Mercury Insurance highlights simple fall home maintenance steps to reduce weather damage claims and protect homeowners this autumn.

AvonRisk Acquires AS&G to Boost Claims Admin in Southern US Markets

AvonRisk acquires AS&G Claims Administration, expanding their claims management and workers' compensation services in Texas, Louisiana, Mississippi, and Alabama. AS&G retains its leadership, enhancing AvonRisk's service offerings to public entities and self-insured employers.

Specialized Insurance and Energy Independence Shape Risk Management Trends

Explore how insurance specialization and corporate energy independence are transforming risk management with tailored solutions and advanced risk engineering approaches.

Moody's Survey Signals Rate Reductions and Rising Demand in 2026 U.S. Property Reinsurance

Moody's 2025 survey reveals expected declines in U.S. property reinsurance rates for 2026 amid rising demand and stable attachment points, offering key insights for insurers and reinsurers.

Key Leadership Changes Signal Innovation in U.S. Insurance Sector

Explore recent senior leadership appointments at Moody's, RT Specialty, LexisNexis, and InsurePay highlighting innovation and strategic growth in U.S. insurance analytics, underwriting, and technology.

Analysis of Rising U.S. Health Insurance Premiums and Insurability Challenges

Explore the rising trend of U.S. health insurance premiums post-ACA, the shift from traditional indemnity insurance to prepaid healthcare models, and the insurability challenges impacting the industry.

Florida Sees One of the Highest Teen Driver Insurance Rate Increases

Florida experiences an average 84% increase in auto insurance premiums when adding teen drivers, impacting family budgets and licensing trends. Discover cost management strategies and market insights.