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Fragmented Claims Funds Drain Insurer Liquidity and Delay Payments

Outdated fund management slows claims payments, erodes profits, and hurts customer retention across the insurance value chain.
October 27 Catastrophe Insurance Industry Technology

Airport Rental Car Theft Ring Stole 47 Vehicles Worth $1M in Syracuse

A former rental agency employee allegedly used insider access to steal and re-rent vehicles across Onondaga County. Most vehicles have been recovered, but some remain missing.
October 27 Auto Fraud Insurance Industry Subrogation New York

Why Smart Witnesses Fail in Depositions and How to Fix It

Witnesses don’t fail because they’re unprepared but because their brains default to socially learned habits that don’t work under legal pressure. Defense teams can rewire those instincts for better outcomes.
October 27 Insurance Industry Liability Litigation

Wind, Water, Mudslide: Hurricane Melissa’s Triple Threat to Insured Assets in Jamaica

The Caribbean is under severe threat as Hurricane Melissa has rapidly intensified into a Category 5 hurricane and is projected to make landfall in Jamaica early this week. With maximum sustained winds around 160 mph and a crawl speed of approximately 3 mph, Melissa is poised to do unprecedented damage for the island.
October 27 Catastrophe Insurance Industry Property

Claims Processing Leads Insurance AI Adoption, Underwriting Lags Behind

A new report by Sollers Consulting finds that while artificial intelligence (AI) is becoming standard in claims processing, wide disparities exist in how insurance companies govern and scale these innovations.
October 20 Insurance Industry Legislation & Regulation Technology Underwriting

Cyber Insurers Confront Rising CIPA Litigation Over Web Tracking Tools

A California privacy law from 1967 is at the heart of a new wave of cyber lawsuits targeting businesses nationwide over common web tracking tools.
October 20 Legislation & Regulation Litigation California Illinois

Liberty Mutual Sued for Failing to Defend Manufacturer in Property Damage Cases

Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.
October 20 Insurance Industry Legislation & Regulation Liability Property Risk Management California Colorado Louisiana

Developing System in Caribbean Could Become Tropical Storm Melissa

Forecasters give the system an 80% chance of formation this week as it moves toward the Greater Antilles. No immediate Gulf Coast threat.
October 20 Catastrophe Insurance Industry Marine Property Risk Management

Brazilian Porsche Owner Caught in Alleged Self-Arson Insurance Fraud Scheme

Security footage debunks a Porsche owner’s claim of kidnapping and reveals a suspected case of self-arson tied to unpaid vehicle taxes.
October 20 Auto Fraud Insurance Industry

California Sues Plastic Bag Makers Over False Recycling Claims

The state of California alleges major plastic bag manufacturers falsely labeled their products as recyclable, triggering lawsuits and multimillion-dollar settlements.
October 20 Insurance Industry Legislation & Regulation Liability Risk Management California

Why Stop-Loss Insurance Alone Won’t Control Catastrophic Claim Costs

As catastrophic medical claims rise, brokers must match stop-loss with aggressive claim management to protect self-funded plans.
October 20 Catastrophe Insurance Industry Life & Health

Climate-Driven Power Outages Projected to Surge for Vulnerable Coastal Communities

Projected cyclone-driven blackouts along the Gulf and Atlantic coasts could double by century’s end, with Hispanic and low-income communities facing the brunt of the impact.
October 17 Catastrophe Property

McBee Dynasty Patriarch Sentenced 24 Months, Owes $4M in Crop Insurance Fraud

After pleading guilty in November 2024, McBee must serve 2 years in prison and repay $4,022,124 in restitution under a federal crop insurance fraud case.
October 17 Fraud Insurance Industry Legislation & Regulation

AI-Powered Home ‘Digital Twins’ Aim to Revolutionize High-Risk Property Insurance

An MGA startup uses AI simulations to model catastrophe risks at the property level, targeting homes insurers often avoid. But what does it mean for claims handling?
October 17 Catastrophe Property Risk Management Technology California Florida

Balancing AI Growth and Cybersecurity Risk in 2026 Insurance Planning

AI integration and cybersecurity threats both demand attention as carriers enter a critical planning phase. Striking the right balance is now a strategic imperative.
October 17 Insurance Industry Technology
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