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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
Auto
Fraud
Insurance Industry
Litigation
New York
How Vertical AI Agents Are Transforming Insurance Claims Workflows
Vertical AI agents are revolutionizing complex insurance workflows like LTC adjudication and auto claims by using orchestrator-worker patterns, knowledge graphs, and real-time data.
August 29, 2025
Auto
Life & Health
Risk Management
Technology
How Insurance Would Cover a Star-Studded Wedding Like Taylor Swift and Travis Kelce’s
From high-limit liability to cyber protection and paparazzi risks, insuring a celebrity wedding like Swift and Kelce’s involves complex underwriting and custom coverage.
August 28, 2025
Catastrophe
Insurance Industry
Liability
Risk Management
Anthropic Blocks Hacker Attempts to Exploit Claude AI for Cybercrime
Anthropic has detected and blocked hacker attempts to exploit its Claude AI for cybercrime, including phishing, malware creation, and influence campaigns, the company reported.
August 28, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Technology
How Insurtech Is Transforming the Homeowners Insurance Business Model
Homeowners insurance has long struggled with profitability, but new insurtech solutions like LeakBot and Ting aim to cut claims costs through proactive loss prevention.
August 28, 2025
Insurance Industry
Property
Risk Management
Technology
What the Dollar Tree Helium Tank Lawsuit Reveals About Insurance Coverage Gaps
A helium tank injury led to a legal fight between Dollar Tree and its insurer. The case shows how coverage exclusions and unclear contracts can leave businesses exposed.
August 26, 2025
Insurance Industry
Liability
Litigation
Risk Management
Connecticut
How Large Language Models Are Transforming Catastrophe Risk Modeling
Large language models are reshaping catastrophe modeling by integrating real-time unstructured data, enabling insurers to shift from reactive assessment to proactive mitigation.
August 26, 2025
Catastrophe
Property
Risk Management
Technology
California
