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
How Subcontractors’ Carriers Can Push Back Against Excessive Builder Demands in Florida Claims
In Florida construction-defect cases, subcontractors' carriers often face inflated demands from builders. Strategic defense can limit exposure to excessive defense cost claims.
August 26, 2025
Insurance Industry
Liability
Litigation
Florida
How Diagnostic Errors in Office-Based Practices Are Driving Malpractice Costs and Patient Harm
Cancer misdiagnosis leads the way as office-based diagnostic errors drive high indemnity payouts, highlighting systemic flaws in evaluation, testing, and follow-up processes.
August 25, 2025
Liability
Life & Health
Litigation
Risk Management
Key Loss Adjusting Trends Shaping Property Claims in 2025
Sedgwick's 2025 Loss Adjusting Insights Report explores the top nine trends-from tariffs and tech to legislation and climate change-reshaping property claims today.
August 25, 2025
Catastrophe
Legislation & Regulation
Property
Technology
California
Florida
Hawaii
Illinois
Iowa
Waymo Begins Autonomous Vehicle Testing on New York City Streets
Waymo has received New York City's first permit to test autonomous vehicles with human drivers on board, marking a key step in expanding self-driving operations.
August 25, 2025
Auto
Insurance Industry
Legislation & Regulation
Technology
New York
Camaro ZL1 Becomes Top Target for Thieves as Muscle Car Thefts Surge
Chevrolet Camaro ZL1 tops latest HLDI rankings for whole-vehicle thefts, with theft rates nearly 40 times the average; Hyundai and Kia see results from anti-theft software.
August 20, 2025
Auto
Property
Risk Management
Technology
California
Maryland
Mississippi
Tennessee
Texas
JPMorgan Must Defend Elder Fraud Arbitration Claim from Widow
A federal judge ruled that JPMorgan must face arbitration over claims it failed to prevent a widow's son from stealing $8.4 million from her bank accounts after her husband's death.
August 20, 2025
Fraud
Legislation & Regulation
Litigation
Risk Management
California
Florida
Massachusetts
New York
