Archive for May 2026
Study: California Workers’ Comp Claim Costs Continue to Rise
California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to … Source: Claims Journal
Read More‘Big Tobacco’ Moment for Cannabis: What Insurers Need to Know About Murray v. Cresco
A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May … Source: Claims Journal
Read MoreJudge Considers Anthropic’s $1.5 Billion Settlement of Authors’ Lawsuit
A federal judge on Thursday pressed lawyers for more information on several points of artificial intelligence company Anthropic’s proposed $1.5 billion settlement with authors who accused it of misusing their books to train its AI chatbot Claude. U.S. District Judge … Source: Claims Journal
Read MoreFor Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
NASHVILLE—The future of property/casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day off. “You want your customer personalization … Source: Claims Journal
Read MoreReport: Hybrid Vehicle Collision Claims Hit Record High in First Quarter
Claims for mild hybrid electric vehicles surged to record highs in North America, with year-over-year increases of 25% in the U.S. and 33% in Canada, a new report shows. Claims for MHEVs were up 5.69% in the U.S. and 5.28% … Source: Claims Journal
Read MoreReport: Hybrid Vehicle Collision Claims Hit Record High in First Quarter
Claims for mild hybrid electric vehicles surged to record highs in North America, with year-over-year increases of 25% in the U.S. and 33% in Canada, a new report shows. Claims for MHEVs were up 5.69% in the U.S. and 5.28% … Source: Claims Journal
Read MoreAdapting Claim Investigations for AI-Driven Fraud
Insurance fraud is not a new problem. What has changed is the ease with which a fraudulent claim can be made to look legitimate. Tools that once required technical skill are now free and can be used by anyone in … Source: Claims Journal
Read MoreAdapting Claim Investigations for AI-Driven Fraud
Insurance fraud is not a new problem. What has changed is the ease with which a fraudulent claim can be made to look legitimate. Tools that once required technical skill are now free and can be used by anyone in … Source: Claims Journal
Read MoreNCCI: Workers’ Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance. NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), the … Source: Claims Journal
Read MoreNCCI: Workers’ Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance. NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), the … Source: Claims Journal
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