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How Construction Companies Can Prevent Common Builders Risk Claims

How Construction Companies Can Prevent Common Builders Risk Claims

Construction projects face risks from theft, weather, fire, and more. Proactive site safety measures can reduce losses and keep projects on track.
September 9, 2025 Catastrophe Insurance Industry Property Risk Management

High Insurance Costs and Climate Risks Push Homeowners in Vulnerable Areas to the Brink

High Insurance Costs and Climate Risks Push Homeowners in Vulnerable Areas to the Brink

A new Realtor.com report reveals that 1 in 4 U.S. homes face extreme climate risk, with surging insurance costs disproportionately impacting low-value, high-risk markets.
September 9, 2025 Catastrophe Insurance Industry Property Risk Management

Underwriting Profit Triples for U.S. Property/Casualty Insurers in Early 2025 Despite Mixed Income

Underwriting Profit Triples for U.S. Property/Casualty Insurers in Early 2025 Despite Mixed Income

The U.S. P/C insurance industry posted a $11.5B underwriting gain in H1 2025, aided by fewer Q2 catastrophes, despite a sharp decline in investment-driven net income.
September 4, 2025 Catastrophe Insurance Industry Property Underwriting California Georgia Texas

Younger Adults More Likely to Commit Insurance Fraud, Study Finds

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

Insurers Seek to Void Marine Policy After Yacht Crash Off California Coast

Insurers Seek to Void Marine Policy After Yacht Crash Off California Coast

Specialty insurers are asking a California court to void a yacht policy after a collision, alleging the insured failed to meet critical warranty and disclosure terms.
September 2, 2025 Excess & Surplus Lines Insurance Industry Litigation Marine California Texas

Verisk Projects $152 Billion in Annual Global Property Losses from Natural Disasters

Verisk Projects $152 Billion in Annual Global Property Losses from Natural Disasters

Verisk's 2025 report reveals global insured property losses from natural catastrophes have surged to $152B annually, driven by more frequent storms and wildfires.
September 2, 2025 Catastrophe Insurance Industry Property Risk Management

Why Food Companies Must Treat Recall Preparedness as a Business Essential

Why Food Companies Must Treat Recall Preparedness as a Business Essential

Food recalls can escalate into costly crises without proper planning. Learn how supply chain mapping, business continuity, and mock drills can make or break your response.
September 2, 2025 Insurance Industry Liability Property Risk Management

How a $100 Billion Hurricane Could Strike the US and What Insurers Need to Know

How a $100 Billion Hurricane Could Strike the US and What Insurers Need to Know

Major U.S. metro areas are increasingly vulnerable to $100 billion hurricane losses. This KCC report shows where it's most likely and how insurers can prepare for the next big one.
August 29, 2025 Catastrophe Insurance Industry Property Risk Management Connecticut Florida Louisiana Massachusetts New Jersey

Wyndham Hotel Owner Accused of Orchestrating Vandalism Amid Insurance Dispute

Wyndham Hotel Owner Accused of Orchestrating Vandalism Amid Insurance Dispute

The Wyndham Hotel owner is facing accusations of staging vandalism to claim $12.2 million in insurance damages, prompting a federal fraud countersuit by the insurer.
August 29, 2025 Fraud Insurance Industry Litigation Property Illinois

Detroit Couple to Face Trial over Alleged $150K Disability Insurance Fraud Scheme

Detroit Couple to Face Trial over Alleged $150K Disability Insurance Fraud Scheme

A Detroit couple will stand trial on multiple felony charges after allegedly filing fraudulent disability insurance claims totaling $150,000, officials say.
August 29, 2025 Fraud Insurance Industry Litigation Michigan

Michigan Insurance Agent Pleads No Contest to Fraud and Agrees to License Forfeiture

Michigan Insurance Agent Pleads No Contest to Fraud and Agrees to License Forfeiture

A Birmingham-based insurance agent admitted to fraud involving annuity applications for senior clients and will pay over $107K in restitution while surrendering his license.
August 29, 2025 Fraud Insurance Industry Legislation & Regulation Life & Health Michigan

US Cyber Insurance Premiums Decline for the First Time Since 2018

US Cyber Insurance Premiums Decline for the First Time Since 2018

US cyber insurance premiums fell 2.3% in 2024, signaling a market shift as carriers focus on underwriting discipline and sustainable growth amid evolving cyber risks.
August 29, 2025 Insurance Industry Risk Management Technology Underwriting

Smarter Repair Strategies Help Insurers Tackle Rising Commercial Property Claim Costs

Smarter Repair Strategies Help Insurers Tackle Rising Commercial Property Claim Costs

Rising repair costs and labor shortages are reshaping commercial property claims, but managed repair models and pre-loss agreements offer faster, smarter solutions.
August 29, 2025 Catastrophe Insurance Industry Property Risk Management California

Vibe Coding Is Transforming How Insurers Build with AI and Natural Language

Vibe Coding Is Transforming How Insurers Build with AI and Natural Language

Vibe coding lets insurance professionals build AI-powered tools using natural language, accelerating innovation while reshaping roles across the enterprise.
August 29, 2025 Education & Training Insurance Industry Technology

Massachusetts Insurance Brokers Accused of Stealing Over $700K from Clients

Massachusetts Insurance Brokers Accused of Stealing Over $700K from Clients

A Massachusetts couple has been charged with wire fraud for allegedly stealing over $700,000 in client premiums through their insurance firm and issuing fake coverage documents.
August 29, 2025 Fraud Insurance Industry Legislation & Regulation Property Massachusetts
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