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.
AI integration and cybersecurity threats both demand attention as carriers enter a critical planning phase. Striking the right balance is now a strategic imperative.
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.
2024 saw premium decline but continued strong underwriting and operating margins, with early 2025 data pointing to another profitable year in the WC line.
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.
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.
Independent agents say poor communication and outdated data are hurting productivity and trust.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.
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.
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.
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.
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.
Industry experts share strategies for improving communication, managing timing, and understanding state-specific laws to reduce claims errors and costs.