Smart Home Tech Shows Strong ROI for Insurers and Homeowners
A new study quantifies the fire risk reduction from Ting, an IoT fire prevention device, showing significant insurance claim savings and added value for both insurers and homeowners.
July 25, 2025
Insurance Industry
Property
Risk Management
Technology
Liberty Mutual Reveals 25 Years of Workplace Injury Trends and Costs
Liberty Mutual's 2025 Workplace Safety Index highlights how workplace injuries have evolved over 25 years, revealing costly trends and the impact of targeted prevention.
July 23, 2025
Education & Training
Insurance Industry
Risk Management
Workers' Compensation
Texas Flash Floods Expose Major Insurance Gaps After $1.1 Billion Disaster
Over 120 lives lost and $1.1 billion in damages from the July 4 flash floods in Central Texas, with low flood insurance uptake leaving most homeowners to face rebuilding costs alone.
July 23, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Texas
SharePoint Vulnerabilities Expose Challenges in Microsoft’s Cybersecurity Overhaul
As Chinese hackers exploit SharePoint software flaws, Microsoft faces renewed scrutiny over its Secure Future Initiative and ongoing cybersecurity transformation.
July 23, 2025
Insurance Industry
Litigation
Risk Management
Technology
Oregon
Insurer Says It Owes No Coverage for Kansas City Super Bowl Parade Shooting Lawsuit
Cincinnati Specialty Underwriters says its event liability policy excludes coverage for claims tied to a deadly shooting at the 2024 Super Bowl parade in Kansas City.
July 23, 2025
Insurance Industry
Liability
Litigation
Risk Management
Missouri
How Inflation and Fee Schedules Are Shaping Workers’ Compensation Medical Costs
A new WCRI report explores how fee schedule policies and inflation trends from 2021 to 2025 have led to varying medical cost growth in state workers' compensation systems.
July 23, 2025
Legislation & Regulation
Life & Health
Risk Management
Workers' Compensation
Clorox Sues Cognizant Over Password Failures in 2023 Cyberattack
Clorox claims Cognizant failed basic security protocols, allowing hackers to access its network during a 2023 cyberattack that led to $380 million in damages.
July 23, 2025
Insurance Industry
Litigation
Risk Management
Technology
California
Mother and Son Sentenced to Prison for $150K Inmate Unemployment Fraud Scheme
A Modesto man and his mother from Turlock were sentenced for using prison inmates' identities to steal over $150,000 in fraudulent pandemic unemployment claims.
July 21, 2025
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
Former Insurance Executive Admits Role in Fraud That Led to Collapse of Two Companies
Jasbir Thandi admitted to falsifying financial records and misappropriating funds, resulting in over $20 million in losses and the failure of two insurance carriers.
July 21, 2025
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
Texas
Vermont
Former Kentucky Warehouse Manager Agrees to Pay $16M in Crop Insurance Fraud Case
A former tobacco warehouse manager in Danville, Kentucky, admitted to helping farmers file fake crop insurance claims and now owes at least $16 million in restitution.
July 21, 2025
Fraud
Insurance Industry
Litigation
Property
Kentucky
How Health Insurance Scams Are Targeting Seniors and What You Can Do to Prevent Them
Seniors are increasingly targeted by fake insurance offers over the phone. Learn how to spot the red flags, protect yourself, and report health insurance scams.
July 21, 2025
Education & Training
Fraud
Legislation & Regulation
Life & Health
Cybersecurity Insurance Market Set to Surpass $32 Billion by 2030 Amid Rising Threats
Cyber insurance is on track to more than double in market value by 2030, driven by rising cyberattacks, new regulations, and demand for integrated risk solutions.
July 21, 2025
Insurance Industry
Risk Management
Technology
Insurers Embrace Agentic AI as Trust and Risk Take Center Stage
Insurers are piloting agentic AI to streamline claims and underwriting, but widespread adoption is slowed by trust, privacy concerns, and regulatory readiness gaps.
July 21, 2025
Insurance Industry
Risk Management
Technology
Underwriting
U.S. Wildfires and Storms Push Global Insured Catastrophe Losses to $100 Billion in First Half of 2025
Aon's midyear catastrophe recap shows $100 billion in insured losses-second-highest ever-driven by U.S. wildfires, convective storms, and a costly earthquake in Myanmar.
July 17, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
Missouri
Why the U.S. Faces Soaring Hurricane Losses as Storms Grow Stronger
With climate change intensifying storms, insured hurricane losses in the U.S. could surge 50%-testing the limits of insurers, infrastructure, and public preparedness.
July 17, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Massachusetts
New York
Texas
