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.
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.
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.
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.
Generative AI tools are making it easier to create fake claim evidence, while a new survey finds insurers have limited confidence in their ability to detect and prevent AI-driven fraud.
Researchers analyzing more than 480,000 Salmonella genomes found climate change is associated with a 10% increase in antimicrobial resistance genes worldwide, with projections showing the threat could intensify by 2100 without emissions cuts and antibiotic stewardship.
Louisiana investigators say four suspects made false statements tied to a 2025 crash involving a waste disposal truck. Authorities allege the fraudulent claims sought nearly $4 million in compensation.
Federal prosecutors said insurance company reserves were diverted through affiliated entities, leaving thousands of policyholders still owed more than $1 billion while regulators uncovered bribery and fraud allegations.
A North Carolina jury awarded $101 million in a retaining wall collapse lawsuit tied to a 2021 construction accident that killed one worker and seriously injured three others. The case highlights contractor liability, construction site safety failures, and the legal exposure tied to engineering and permitting decisions.
A Colorado jury found a contractor intentionally interfered with an insurance contract after allegedly inflating a church hail damage claim. The verdict highlights growing insurer scrutiny of contractor involvement in appraisal disputes and claim inflation.
The Institutes Knowledge Group’s 2026 Skills Report finds AI literacy, claims expertise, leadership, and risk management skills are becoming critical as insurance roles evolve.
Deadly incidents in Washington and California are drawing attention to chemical storage inspections, emergency planning, and the risks tied to aging industrial tanks. Regulators and safety experts say maintenance failures can quickly escalate into major claims events.
A new Marsh report shows global transactional risk insurance claims rose 34% in 2025, with financial statement breaches accounting for more than half of total paid losses and insurers paying nearly $650 million worldwide.