Zelle, Venmo and Cash App Fraud Losses Climb as Companies Reassess Controls
Losses tied to Venmo, Zelle and Cash App are climbing, pushing underwriters and claims teams to scrutinize controls, coverage limits and internal fraud exposure.
February 19
Fraud
Insurance Industry
Litigation
Risk Management
Technology
North American Insurers Face Structural Claims Cost Shift in 2026
Gallagher Bassett’s 2026 Carrier Perspective report finds social inflation, medical costs, catastrophe losses and AI-driven fraud are compounding severity and workforce pressure for carriers.
February 17
Auto
Catastrophe
Fraud
Insurance Industry
Litigation
Florida Property Reinsurance Rates Poised to Fall as Reinsurers Reassess Litigation Loads
Gallagher Re’s Adam Schwebach says mid-year renewals could bring added capacity, rate reductions, and renewed appetite for underwriting hurricane risk in Florida.
February 17
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
Florida Authorities Break Up Major Theft Organization Targeting Semi-Trailers
Six suspects face up to 300 years combined after targeting semi-trailers and disabling GPS tracking devices across multiple Florida counties.
February 17
Fraud
Litigation
Marine
Property
Risk Management
Florida
Bayer Plans $10.5B Settlement to Resolve Roundup Cancer Lawsuits
The proposed deal would address current and future glyphosate cancer claims, with Missouri state court proceedings at the center of the class-action effort.
February 17
Insurance Industry
Liability
Litigation
Risk Management
Missouri
Predictive AI in Commercial Auto Cuts Collision Frequency by Up to 60%
Real-time driver behavior data is helping insurers reduce collision frequency, lower severity, and strengthen underwriting decisions before a claim occurs.
February 12
Auto
Risk Management
Technology
Underwriting
Mega Claims Reshape Workers’ Compensation Market in 2026
Higher medical costs, cumulative trauma litigation, and social inflation are driving severity and pressuring reserves, with California signaling a potential market shift.
February 12
Legislation & Regulation
Litigation
Risk Management
Technology
Workers' Compensation
California
Public Safety Power Shutoffs Expand Beyond California Amid Growing Wildfire Risk
Utilities across the West are increasingly cutting power during high-risk weather, reshaping wildfire prevention strategies and claims exposure for insurers.
February 9
Catastrophe
Insurance Industry
Legislation & Regulation
Liability
Property
California
Colorado
Nevada
New Mexico
Texas
Why Claims Automation Fails Without Process Redesign
Most carriers add AI to claims workflows that were already failing. Real results come from redesigning intake, audits, and prioritization before automation ever starts.
February 9
Education & Training
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Legacy Data Architectures Keep Insurance AI Stuck in Pilot Mode
Legacy data systems built for reporting, not real-time decision-making, are preventing insurers from moving AI tools into daily underwriting and claims operations.
February 9
Insurance Industry
Property
Risk Management
Technology
Why Bloomberg Says Premium Caps Could Worsen the Homeowners Insurance Crisis
A Bloomberg editorial urges policymakers to focus on resilience, legal reform, and mitigation rather than capping rates or penalizing insurers as premiums climb nationwide.
February 6
Catastrophe
Insurance Industry
Legislation & Regulation
Litigation
Property
California
Florida
Illinois
Washington Landlord Sues State Farm Over Seven-Adjuster Water Damage Claim
A Spokane Valley landlord alleges repeated adjuster turnover and underpayment left a rental property uninhabitable for months and triggered lien filings and litigation.
February 6
Insurance Industry
Legislation & Regulation
Litigation
Property
Washington
Winter Storm Fern Losses Could Reach $4B, Verisk Estimates
Freeze-related property damage and power outages across 14 states are driving insured losses that could make Fern one of the costliest winter storms on record.
February 4
Auto
Catastrophe
Insurance Industry
Property
Risk Management
Experts Question Whether AI Is Really Driving Corporate Layoffs
Economists and former tech employees say workforce reductions tied to artificial intelligence often reflect cost cutting and restructuring rather than direct job replacement.
February 4
Education & Training
Insurance Industry
Risk Management
Technology
Former Ole Miss Football Player Convicted in $194M Fraud Scheme
Federal prosecutors say the ex-football standout used telemedicine fronts and DME companies to bill Medicare and CHAMPVA for unnecessary orthotic braces, targeting vulnerable seniors.
February 4
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
Florida
Mississippi
