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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

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

AI Uncertainty in Insurance: Coverage Gaps, Casualty Risks, and E&S Innovations

AI-native businesses push insurers to rethink liability forms and create new facilities as casualty risks evolve. Judgment and human expertise remain critical amid tech disruption.
October 16 Excess & Surplus Lines Insurance Industry Risk Management Technology California

Workers Comp Sees Eighth Year of Underwriting Gains Despite 2024 Premium Dip

2024 saw premium decline but continued strong underwriting and operating margins, with early 2025 data pointing to another profitable year in the WC line.
October 15 Insurance Industry Legislation & Regulation Underwriting Workers' Compensation

Why 2025’s Hurricane Season Has Been Quiet for U.S. Claims, So Far

The 2025 season has been quieter than recent years in terms of U.S. landfalls, but meteorologists say storm activity has still been near average. Coastal adjusters should stay alert through season’s end.
October 15 Catastrophe Insurance Industry Risk Management

Cyberattacks Surge 50% in UK as Big Brands Like Jaguar Land Rover Hit

Jaguar Land Rover, Marks & Spencer, and Co-op among top UK firms facing costly cyber incidents, with insurance and supply chain impacts rippling across sectors.
October 14 Insurance Industry Risk Management Technology

Carriers Losing Agent Trust Over Poor Data and Delays

Independent agents say poor communication and outdated data are hurting productivity and trust. A new J.D. Power study reveals the breakdown costing insurers business.
October 14 Insurance Industry Risk Management Technology Underwriting

Nor’easter and Alaska Storm Trigger Claims Risks With Fatalities, Flooding, and Power Outages

Back-to-back coastal storms disrupt infrastructure and displace residents, with early season indicators of increased catastrophe activity this fall.
October 14 Catastrophe Insurance Industry Marine Property Risk Management Alaska Massachusetts New Jersey New York North Carolina

Real Housewives Star Charged in Maryland Insurance Fraud Scheme

A sociology professor and prominent figure on The Real Housewives of Potomac, has been indicted in Maryland on multiple insurance fraud charges stemming from a staged home burglary.
October 14 Fraud Insurance Industry Litigation Property Maryland

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 Auto Insurance Industry Legislation & Regulation Property Risk Management

AI Missteps and Vendor Gaps Fuel Cyber Risks Across Sectors, Moody’s Finds

Moody’s 2025 Cyber Survey reveals alarming cybersecurity shortfalls across nearly 2,000 organizations globally, with direct implications for risk management and insurance claims handling.
October 10 Insurance Industry Legislation & Regulation Risk Management Technology

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 Auto Catastrophe Insurance Industry Property Workers' Compensation California

New Risks for Adjusters: Hempcrete Homes, Mobile Nuclear Reactors, and High-Tech Farms

Biogenic building materials, mobile nuclear reactors, and AI-powered farms introduce new risks and opportunities for claims adjusters.
October 9 Insurance Industry Property Risk Management Technology Colorado Michigan Texas

AI in Claims Handling Under Scrutiny, But Florida Insurers Say Laws Already Provide Oversight

Florida insurance officials argue existing laws already prevent AI-related discrimination or errors, even as lawmakers consider stricter oversight.
October 9 Insurance Industry Legislation & Regulation Property Technology Florida

Common Claims Handling Mistakes That Cost Insurers Millions

Industry experts share strategies for improving communication, managing timing, and understanding state-specific laws to reduce claims errors and costs.
October 9 Education & Training Insurance Industry Risk Management
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