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Insurance news and resources for the claims industry
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News
We Should Be Paying More Attention to The New Wave of SMB Cyber Claims
1+ week, 6+ day ago (491+ words) For years, cyber insurance was treated as a niche product reserved for technology firms, financial institutions and e-commerce giants. When underwriters and claims teams assessed cyber exposure, the conversation centered on massive data breaches and enterprise-grade network overhauls. That framework…...
Register: Risky Future AI Tools for Insurance BPO & Consulting 'Demo Day' on August 26
2+ week, 5+ day ago (89+ words) Insurance Journal’s Risky Future series is hosting the “AI Tools for BPO & Consulting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Retail Agencies and Operations Executives. In partnership with Insurance Journal, Risky Future’s AI…...
Alacrity Solutions Names Triola Chief Revenue Officer
1+ mon, 3+ day ago (117+ words) Claims Journal Alacrity Solutions Group LLC named Tony Triola chief revenue officer. Triola will oversee Alacrity’s revenue strategy, including business development, sales and customer growth initiatives. He has experience in insurance, including leadership positions at Liberty Mutual and Farmers. He…...
Bodily Injury Is Now A Big Share of Auto Claims Payouts. Is AI to Blame for That Too?
1+ mon, 6+ day ago (672+ words) Bodily injury auto claims have surpassed auto physical damage payouts for the first time, a trend that is being pushed by a rise in the average payout and an increase in BI claim frequency. Artificial intelligence may also have a…...
Humans, Not AI, Still A Cause of Most Cyber Losses in First Half of Year
1+ mon, 1+ week ago (550+ words) Humans, not artificial intelligence threats, are the cause of the large majority of cyber-attacks — for now. More than 85% of incurred cyber losses in the first half of 2026 were from attacks that exploited human error, specifically where the point of failure…...
Best AI Medical Record Summarization for Complex Claims: What Claims Teams Need
1+ mon, 2+ week ago (1735+ words) This article is part of a sponsored series brought to you by Wisedocs. View Series For a claims operations director, the hardest files aren’t the 50-page claims. They’re the 3,000-page workers’ comp file where the surgical notes are buried behind…...
US Considers Creating Finra-Like Watchdog to Vet Top AI Models
1+ mon, 3+ week ago (315+ words) The Trump administration is considering plans for an independent regulator to vet the safety of artificial intelligence models with industry input, after Silicon Valley leaders complained about the ad-hoc nature of recent U.S. moves to slow the release of cutting-edge AI…...
Elon Musk’s Bid to Set Aside Twitter Fraud Verdict Rejected by US Judge
2+ mon, 6+ day ago (591+ words) A federal judge on Monday rejected Elon Musk’s bid to void a jury verdict finding that the world’s richest person defrauded Twitter investors by trying to drive down the social media company’s stock price after agreeing to a $44 billion takeover....
The Benefits of an AI Medical Chronology
3+ mon, 4+ day ago (500+ words) This article is part of a sponsored series brought to you by Wisedocs. View Series Claims organizations are under more pressure than ever with rising claim volumes, tighter regulatory scrutiny, shrinking timelines, and ongoing talent shortages. Yet many teams are…...
OpenAI CEO to Share Oversight Ideas in Wake of Trump AI Order
3+ mon, 1+ week ago (340+ words) OpenAI CEO Sam Altman will push his vision for public-private collaboration on artificial intelligence during a visit to Washington on Wednesday, part of a broader policy agenda that also includes creating a vehicle to pass AI’s potentially vast financial windfall…...