Insurers Seek to Void Marine Policy After Yacht Crash Off California Coast
Specialty insurers are asking a California court to void a yacht policy after a collision, alleging the insured failed to meet critical warranty and disclosure terms.
September 2
Excess & Surplus Lines
Insurance Industry
Litigation
Marine
California
Texas
Arkansas Builder Sues Zurich Over Denied Collapse Claim on Unfinished Home
A $420,000 dispute over a collapsed Arkansas home under construction challenges Zurich’s interpretation of "collapse" coverage in commercial property policies.
September 2
Litigation
Property
Risk Management
Arkansas
Verisk Projects $152 Billion in Annual Global Property Losses from Natural Disasters
Verisk’s 2025 report reveals global insured property losses from natural catastrophes have surged to $152B annually, driven by more frequent storms and wildfires.
September 2
Catastrophe
Insurance Industry
Property
Risk Management
Why Food Companies Must Treat Recall Preparedness as a Business Essential
Food recalls can escalate into costly crises without proper planning. Learn how supply chain mapping, business continuity, and mock drills can make or break your response.
September 2
Insurance Industry
Liability
Property
Risk Management
How Warehouse Technology is Reshaping Risk Models in Insurance
Connected automation in warehouses is forcing insurers to replace outdated models with dynamic, real-time risk assessments based on sensor data and machine performance.
September 2
Property
Risk Management
Technology
Underwriting
How a $100 Billion Hurricane Could Strike the US and What Insurers Need to Know
Major U.S. metro areas are increasingly vulnerable to $100 billion hurricane losses. This KCC report shows where it’s most likely and how insurers can prepare for the next big one.
August 29
Catastrophe
Insurance Industry
Property
Risk Management
Connecticut
Florida
Louisiana
Massachusetts
New Jersey
Wyndham Hotel Owner Accused of Orchestrating Vandalism Amid Insurance Dispute
The Wyndham Hotel owner is facing accusations of staging vandalism to claim $12.2 million in insurance damages, prompting a federal fraud countersuit by the insurer.
August 29
Fraud
Insurance Industry
Litigation
Property
Illinois
Detroit Couple to Face Trial over Alleged $150K Disability Insurance Fraud Scheme
A Detroit couple will stand trial on multiple felony charges after allegedly filing fraudulent disability insurance claims totaling $150,000, officials say.
August 29
Fraud
Insurance Industry
Litigation
Michigan
Michigan Insurance Agent Pleads No Contest to Fraud and Agrees to License Forfeiture
A Birmingham-based insurance agent admitted to fraud involving annuity applications for senior clients and will pay over $107K in restitution while surrendering his license.
August 29
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Michigan
US Cyber Insurance Premiums Decline for the First Time Since 2018
US cyber insurance premiums fell 2.3% in 2024, signaling a market shift as carriers focus on underwriting discipline and sustainable growth amid evolving cyber risks.
August 29
Insurance Industry
Risk Management
Technology
Underwriting
Smarter Repair Strategies Help Insurers Tackle Rising Commercial Property Claim Costs
Rising repair costs and labor shortages are reshaping commercial property claims, but managed repair models and pre-loss agreements offer faster, smarter solutions.
August 29
Catastrophe
Insurance Industry
Property
Risk Management
California
Vibe Coding Is Transforming How Insurers Build with AI and Natural Language
Vibe coding lets insurance professionals build AI-powered tools using natural language, accelerating innovation while reshaping roles across the enterprise.
August 29
Education & Training
Insurance Industry
Technology
Massachusetts Insurance Brokers Accused of Stealing Over $700K from Clients
A Massachusetts couple has been charged with wire fraud for allegedly stealing over $700,000 in client premiums through their insurance firm and issuing fake coverage documents.
August 29
Fraud
Insurance Industry
Legislation & Regulation
Property
Massachusetts
Southern Europe Faces Unprecedented Wildfire Risk as Climate Change Fuels More Intense Fire Seasons
This summer’s wildfires in Greece, Turkey, and Cyprus were made 10 times more likely by climate change, exposing gaps in preparedness and highlighting rising regional risks.
August 29
Catastrophe
Legislation & Regulation
Property
Risk Management
GEICO Sues New York Medical Supplier Over Alleged $620K Insurance Fraud Scheme
GEICO is suing a New York supplier it claims defrauded the insurer out of $620,000 through inflated billing, unnecessary medical equipment, and manipulated coding practices.
August 29
Auto
Fraud
Insurance Industry
Litigation
New York
