In the last several years, subrogation has received heightened attention within the insurance industry. This increased focus is driven by the growing need for insurers to enhance efficiency and ensure optimal recovery processes amid performance pressures.

The US property/casualty (P/C) insurance industry recorded a $4.1 billion net underwriting gain in the first nine months of 2024, a notable improvement from the $32.1 billion loss reported during the same period in 2023, according to a report from AM Best.

The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment grows more unstable.

Flood risk is rising across the Eastern and Southern states from extreme rainfall, hurricanes, and sea level rise, according to a new report by Moody’s Ratings.

EIS report highlights industry pivot to data-driven models amid weather volatility while Gen AI adoption faces headwinds and customer satisfaction plummets.