With taxi fraud costing NYC $1 billion annually, a new initiative is equipping cabs with surveillance cameras to deter scams and lower costs for drivers and insurers.

As insurance losses from the Eaton Fire mount, California’s wildfire fund faces depletion, with scrutiny intensifying over Southern California Edison’s potential liability.

Clorox claims Cognizant failed basic security protocols, allowing hackers to access its network during a 2023 cyberattack that led to $380 million in damages.

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.

Jasbir Thandi admitted to falsifying financial records and misappropriating funds, resulting in over $20 million in losses and the failure of two insurance carriers.

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.

Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.

Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.

As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.

Executives’ cyber risk awareness is climbing, yet a misplaced confidence in cyber resilience persists amid escalating threats and geopolitical instability.

Insurance industry sees auto physical damage profitability recover, while casualty sectors grapple with increased medical inflation and social verdicts.

A San Francisco federal judge declares Anthropic’s AI book training fair use, yet rules storing millions of pirated copies illegal, setting stage for potential damages.

Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.

Federal, state and local investigators allege three men—including a municipal vice mayor and a school board trustee—set a Northern California farmhouse ablaze and filed false insurance claims to net $200,000.

Disney and Comcast allege AI image platform Midjourney infringed on iconic characters like Darth Vader and Shrek, seeking $150,000 per violation in federal court.