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Cyber Insurance Claims Face Greater Scrutiny as Underwriting Tightens

Cyber Insurance Claims Face Greater Scrutiny as Underwriting Tightens

Cyber insurers are tightening underwriting standards, increasing scrutiny of security controls, and reevaluating coverage as ransomware losses, AI risks, and geopolitical threats drive concerns about systemic cyber events.
June 8 Insurance Industry Liability Litigation Risk Management Technology

Tennessee Interstate Closed After Fireworks Cargo Ignites on I-75

Tennessee Interstate Closed After Fireworks Cargo Ignites on I-75

A trailer carrying fireworks caught fire on Interstate 75 in Hamilton County, Tennessee, forcing highway closures as explosives launched across multiple lanes of traffic. No injuries were reported, but the incident highlights transportation and cargo-related insurance risks.
June 8 Auto Liability Property Risk Management Subrogation Tennessee

Project Jetsetter Exposes International Auto Insurance Fraud Network in Canada

Project Jetsetter Exposes International Auto Insurance Fraud Network in Canada

A multi-year investigation uncovered organized criminal groups linked to staged collisions, vehicle financing fraud, and false insurance claims that generated millions in losses and drove up costs for insurers and policyholders.
June 8 Auto Fraud Insurance Industry Legislation & Regulation Technology

Tropical Storm Boris Threatens Flooding and Mudslides Along Southern Mexico Coast

Tropical Storm Boris Threatens Flooding and Mudslides Along Southern Mexico Coast

Heavy rainfall from Tropical Storm Boris could trigger flooding and mudslides across Guerrero and Oaxaca. Insurers and catastrophe response teams are watching for potential property and infrastructure losses as the storm approaches landfall.
June 8 Catastrophe Property Risk Management

NICB Warns Contractor Fraud Is Rising Nationwide After Natural Disasters

NICB Warns Contractor Fraud Is Rising Nationwide After Natural Disasters

As communities recover from tornadoes, floods, wildfires, and other disasters, NICB says contractor fraud schemes are becoming more sophisticated, with roofing scams, inflated mitigation claims, and assignment of benefits abuse among the most common threats.
June 8 Catastrophe Fraud Insurance Industry Property Risk Management

Meta Fraud Exposure Raises New Liability Questions for Insurers

Meta Fraud Exposure Raises New Liability Questions for Insurers

New fraud data from Lloyds Bank and recent U.S. court rulings are increasing scrutiny of Meta's role in online scams, creating new questions about liability, insurance coverage, cyber risk, and potential subrogation opportunities.
June 8 Fraud Insurance Industry Legislation & Regulation Litigation Risk Management

FICO: Insurers Must Shift From Reactive Fraud Detection to Connected Intelligence

FICO: Insurers Must Shift From Reactive Fraud Detection to Connected Intelligence

New FICO report argues that fragmented data systems are leaving insurers vulnerable to organized fraud networks and calls for real-time, enterprise-wide fraud intelligence.
June 8 Fraud Insurance Industry Technology

Texas Police Chief’s Staged Vehicle Theft Insurance Fraud Conviction Upheld on Appeal

Texas Police Chief’s Staged Vehicle Theft Insurance Fraud Conviction Upheld on Appeal

A federal appeals court found sufficient evidence that a Texas police chief conspired to burn his wife's SUV, report it stolen, and collect insurance proceeds. The case highlights multiple fraud indicators that claims investigators identified before any confession emerged.
June 5 Auto Fraud Insurance Industry Litigation Risk Management Texas

Northern California Earthquakes Highlight California’s 87% Earthquake Insurance Gap

Northern California Earthquakes Highlight California’s 87% Earthquake Insurance Gap

Five earthquakes off the Northern California coast caused little damage, but they renewed attention on the fact that most California homeowners lack earthquake insurance and would receive no coverage for quake-related property losses.
June 5 Catastrophe Insurance Industry Risk Management Underwriting

Amazon Sued Over Ring Facial Recognition Feature in Proposed Class Action

Amazon Sued Over Ring Facial Recognition Feature in Proposed Class Action

A proposed class action alleges Ring's Familiar Faces feature collected and stored facial recognition data from individuals without their consent, raising privacy and liability concerns for AI-powered security systems.
June 5 Insurance Industry Liability Litigation Risk Management Technology

Potential Tropical Depression Could Form in Gulf by Mid-June

Potential Tropical Depression Could Form in Gulf by Mid-June

Forecasters are monitoring a potential tropical depression that could develop in the Gulf by mid-June. Even if a named storm does not form, increased rainfall and tropical moisture could affect Florida and other Gulf Coast areas.
June 5 Catastrophe Property Risk Management Florida

Insurance Fraud Detection Market Tops $20B as Insurers Expand AI Tools

Insurance Fraud Detection Market Tops $20B as Insurers Expand AI Tools

Insurers are expanding their use of AI, telematics, digital identity verification, and predictive analytics as fraud schemes become more complex and costly across multiple lines of business.
June 5 Auto Fraud Insurance Industry Property Risk Management

Convr Report Highlights AI Strategy Gap Among Commercial Insurance Carriers

Convr Report Highlights AI Strategy Gap Among Commercial Insurance Carriers

Commercial insurance carriers are rapidly deploying AI underwriting tools, but many leaders lack confidence in the strategic framework needed to maximize those investments and deliver measurable business outcomes.
June 3 Education & Training Insurance Industry Technology Underwriting

Natural Disaster Insurance Gap Tops $424B as Cat Losses Rise

Natural Disaster Insurance Gap Tops $424B as Cat Losses Rise

Swiss Re says uninsured catastrophe losses rose 7% last year, with North America facing the largest gap as exposed property values climb.
June 3 Catastrophe Insurance Industry Property Risk Management Underwriting

NHC Tracks First Eastern Pacific Tropical Disturbance of 2026 Hurricane Season

NHC Tracks First Eastern Pacific Tropical Disturbance of 2026 Hurricane Season

The system has a 60% chance of development within seven days, while NOAA forecasts an above-normal Eastern Pacific hurricane season.
May 29 Catastrophe Insurance Industry Marine Property Risk Management California
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