CMS Expands Section 111 Reporting to Include Voluntary WCMSA Data for Workers’ Compensation Claims
Beginning April 4, 2025, CMS requires Responsible Reporting Entities to include available WCMSA data in Section 111 reports for workers’ compensation settlements involving Medicare beneficiaries.
June 2, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Early-Season Hurricanes: Where June Storms Typically Form and Why Activity Has Increased
Although June is typically a quiet start to Atlantic hurricane season, recent years show a rise in early storm activity, especially near the Gulf and Southeast U.S. coasts.
May 28, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Louisiana
Texas
Frustrating Claims Processes Drive Policyholders to Avoid Filing and Consider Switching Insurers
A new survey finds 22% of consumers skip filing claims due to complex processes, while 64% would switch insurers for a smoother digital experience.
May 28, 2025
Insurance Industry
Property
Risk Management
Technology
Connecticut Bans AI Claim Denials and Caps Rate Hikes in Sweeping Health Insurance Reform
Connecticut’s Senate Bill 10 curbs AI-driven claim denials, tightens rate hike rules, and expands patient protections, with major reforms taking effect October 1, 2025.
May 28, 2025
Insurance Industry
Legislation & Regulation
Life & Health
Technology
Connecticut
How AI Can Help Insurers Detect and Cut Down on Fraud
With advanced analytics and pattern recognition, AI could help P&C insurers save up to $160 billion annually by detecting both soft and hard fraud more effectively.
May 28, 2025
Fraud
Property
Risk Management
Technology
Louisiana Lawmakers Push Through Major Tort Reforms Targeting Legal System Abuse
Five tort reform bills passed in Louisiana aim to reduce legal system abuse, lower insurance premiums, and establish fairer standards for civil litigation and auto claims.
May 28, 2025
Auto
Insurance Industry
Legislation & Regulation
Litigation
Louisiana
New Insurance Operations Designation Targets Efficiency and Service Excellence
The Institutes has introduced the Associate in Insurance Operations designation to standardize training, enhance efficiency, and elevate service across insurance operations teams.
May 28, 2025
Education & Training
Insurance Industry
Risk Management
Technology
Why Intelligent Operations Are Now Essential for Insurance Carriers
As legacy systems strain under rising demands, insurers are turning to AI-driven operations to reduce costs, improve customer satisfaction, and future-proof their business models.
May 24, 2025
Education & Training
Insurance Industry
Risk Management
Technology
Texas Faces Critical Flood Insurance Gap as Risk Rises Statewide
A new report by Neptune Flood highlights Texas’s escalating flood risk and the urgent need to close the state’s massive and growing insurance coverage gap.
May 21, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Texas
Cyber Threats Stabilize as Active Insurance Drives Down Claims and Losses in 2024
Coalition’s 2025 Cyber Claims Report shows stable claim trends amid rising cyber threats, with Active Insurance reducing claim frequency and boosting policyholder resilience.
May 21, 2025
Education & Training
Insurance Industry
Risk Management
Technology
What the NCCI AIS 2025 Revealed About the Future of Workers Compensation
The NCCI AIS 2025 conference revealed how workers comp is staying strong amid economic uncertainty, with trends in claim frequency, medical use, and emerging industry risks.
May 21, 2025
Insurance Industry
Risk Management
Technology
Workers' Compensation
AM Best Warns Insurers Could Face Risk Modeling Challenges After NOAA Ends Disaster Data Updates
AM Best says NOAA’s decision to retire its billion-dollar disaster database could hinder insurers’ ability to track secondary perils and price risk effectively.
May 21, 2025
Catastrophe
Insurance Industry
Risk Management
Technology
Mexican Navy Training Ship Crashes into Brooklyn Bridge Killing Two and Injuring Several
A Mexican Navy training vessel collided with the Brooklyn Bridge during a goodwill tour, leaving two dead, multiple injured, and prompting an ongoing investigation.
May 20, 2025
Catastrophe
Marine
Risk Management
Workers' Compensation
New York
Warner Robins Insurance Agent Charged with Bank Fraud over Misuse of $220K in Client Funds
A former Alfa Insurance agent in Warner Robins faces federal charges for allegedly directing a client to withdraw $220K, which he used to pay others’ insurance premiums.
May 20, 2025
Fraud
Insurance Industry
Legislation & Regulation
Property
Georgia
Correction Officers Accused of Defrauding NYC Workers’ Comp System Through False Injury Claims
Three current and former Rikers Island correction officers are accused of faking on-duty injuries to claim nearly $1 million in workers’ compensation benefits.
May 20, 2025
Fraud
Insurance Industry
Litigation
Workers' Compensation
New York
