NICB Urges Action as Insurance Fraud Adds $900 to Annual Premiums
Fraud schemes are pushing up premiums and targeting vulnerable consumers after disasters, crashes, and medical visits. NICB encourages policyholders to report suspicious activity.
November 6, 2025
Auto
Fraud
Legislation & Regulation
Life & Health
Property
Arctic Air to Bring Record Cold and Freeze Risks From Midwest to Florida
Arctic air will sweep into the central and eastern U.S., bringing record-setting cold, early snow chances, and increased risk for freeze-related property and auto claims.
November 6, 2025
Auto
Insurance Industry
Property
Comparing Generative AI for Fraud Detection: VAE, GAN, and Diffusion in Auto Insurance
New research shows diffusion-based AI models paired with SMOTE and XGBoost outperform other methods in detecting auto insurance fraud.
November 5, 2025
Auto
Fraud
Insurance Industry
Technology
Jeep Hybrid Recall: Battery Fires Prompt Property and Auto Insurance Concerns
Stellantis recalls over 375,000 plug-in Jeep SUVs after 19 fires tied to high-voltage batteries. Claims could impact both auto and property policies.
November 5, 2025
Auto
Property
Risk Management
Underwriting
Trucking Firms Battle Rising Insurance Costs and Legal Challenges
Trucking companies face shrinking margins from high insurance premiums, nuclear verdicts, and slow claims resolution, but safety tech and tort reform offer glimmers of hope.
November 5, 2025
Auto
Insurance Industry
Litigation
Risk Management
Freight Brokers Targeted in Sophisticated Cyber Cargo Theft Schemes
Hackers are exploiting logistics tech to bid on and steal real freight shipments, costing companies millions and disrupting supply chains.
November 3, 2025
Auto
Fraud
Risk Management
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, 2025
Auto
Fraud
Insurance Industry
Subrogation
New York
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, 2025
Auto
Fraud
Insurance Industry
Predict and Prevent Strategy Gains Ground as Claims Costs Soar
Rising premiums, severe weather, and consumer distrust have pushed the personal lines market to a breaking point. Nationwide outlines how carriers and agents can restore trust through proactive protection.
October 13, 2025
Auto
Insurance Industry
Legislation & Regulation
Property
Risk Management
P/C Insurance Holds Steady in 2025 Despite Inflation, Tariffs, and Natural Disasters
Despite global uncertainty and catastrophe losses, the property/casualty insurance sector is on pace for a second profitable year. Adjusters should note shifts in underwriting performance across key lines.
October 10, 2025
Auto
Catastrophe
Insurance Industry
Property
Workers' Compensation
California
Toyota Recalls 393K Trucks Over Rearview Camera Failures
Rearview camera failures in 2022-2025 Tundra and Sequoia trucks raise crash risk, prompting a free dealership fix.
October 8, 2025
Auto
Insurance Industry
Liability
Risk Management
Race to the Bottom in P&C Insurance Threatens Claims Quality and Market Stability
Slashing costs and chasing market share are destabilizing the claims ecosystem. Will adjusters bear the brunt of this industry-wide shift?
October 8, 2025
Auto
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
How Robotaxis Are Reshaping the Future of Auto Insurance
The rise of robotaxis is redefining auto insurance, shifting risk to commercial carriers as AV technology and operational responsibilities continue to evolve across the industry.
September 17, 2025
Auto
Legislation & Regulation
Risk Management
Technology
Queens Medical Supplier Targeted in GEICO’s $1 Million No-Fault Fraud Lawsuit
GEICO alleges a Queens-based supplier and clinics conspired in a kickback scheme that exploited New York's no-fault insurance system and billed over $1 million in false claims.
September 15, 2025
Auto
Fraud
Insurance Industry
Litigation
New York
Younger Adults More Likely to Commit Insurance Fraud, Study Finds
A University of Georgia study finds Americans under 34 are significantly more willing to commit insurance fraud, often without realizing the legal or financial consequences.
September 2, 2025
Auto
Education & Training
Fraud
Insurance Industry
