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Independent agents say poor communication and outdated data are hurting productivity and trust.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
