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Early-Season Hurricanes: Where June Storms Typically Form and Why Activity Has Increased

Early-Season Hurricanes: Where June Storms Typically Form and Why Activity Has Increased

Although June is typically a quiet start to Atlantic hurricane season, recent years show a rise in early storm activity, especially near the Gulf and Southeast U.S. coasts.
May 28, 2025 Catastrophe Insurance Industry Property Risk Management Alabama Louisiana Texas

Frustrating Claims Processes Drive Policyholders to Avoid Filing and Consider Switching Insurers

Frustrating Claims Processes Drive Policyholders to Avoid Filing and Consider Switching Insurers

A new survey finds 22% of consumers skip filing claims due to complex processes, while 64% would switch insurers for a smoother digital experience.
May 28, 2025 Insurance Industry Property Risk Management Technology

Connecticut Bans AI Claim Denials and Caps Rate Hikes in Sweeping Health Insurance Reform

Connecticut Bans AI Claim Denials and Caps Rate Hikes in Sweeping Health Insurance Reform

Connecticut’s Senate Bill 10 curbs AI-driven claim denials, tightens rate hike rules, and expands patient protections, with major reforms taking effect October 1, 2025.
May 28, 2025 Insurance Industry Legislation & Regulation Life & Health Technology Connecticut

Louisiana Lawmakers Push Through Major Tort Reforms Targeting Legal System Abuse

Louisiana Lawmakers Push Through Major Tort Reforms Targeting Legal System Abuse

Five tort reform bills passed in Louisiana aim to reduce legal system abuse, lower insurance premiums, and establish fairer standards for civil litigation and auto claims.
May 28, 2025 Auto Insurance Industry Legislation & Regulation Litigation Louisiana

New Insurance Operations Designation Targets Efficiency and Service Excellence

New Insurance Operations Designation Targets Efficiency and Service Excellence

The Institutes has introduced the Associate in Insurance Operations designation to standardize training, enhance efficiency, and elevate service across insurance operations teams.
May 28, 2025 Education & Training Insurance Industry Risk Management Technology

Why Intelligent Operations Are Now Essential for Insurance Carriers

Why Intelligent Operations Are Now Essential for Insurance Carriers

As legacy systems strain under rising demands, insurers are turning to AI-driven operations to reduce costs, improve customer satisfaction, and future-proof their business models.
May 24, 2025 Education & Training Insurance Industry Risk Management Technology

Texas Faces Critical Flood Insurance Gap as Risk Rises Statewide

Texas Faces Critical Flood Insurance Gap as Risk Rises Statewide

A new report by Neptune Flood highlights Texas’s escalating flood risk and the urgent need to close the state’s massive and growing insurance coverage gap.
May 21, 2025 Catastrophe Insurance Industry Legislation & Regulation Property Texas

Cyber Threats Stabilize as Active Insurance Drives Down Claims and Losses in 2024

Cyber Threats Stabilize as Active Insurance Drives Down Claims and Losses in 2024

Coalition’s 2025 Cyber Claims Report shows stable claim trends amid rising cyber threats, with Active Insurance reducing claim frequency and boosting policyholder resilience.
May 21, 2025 Education & Training Insurance Industry Risk Management Technology

What the NCCI AIS 2025 Revealed About the Future of Workers Compensation

What the NCCI AIS 2025 Revealed About the Future of Workers Compensation

The NCCI AIS 2025 conference revealed how workers comp is staying strong amid economic uncertainty, with trends in claim frequency, medical use, and emerging industry risks.
May 21, 2025 Insurance Industry Risk Management Technology Workers' Compensation

AM Best Warns Insurers Could Face Risk Modeling Challenges After NOAA Ends Disaster Data Updates

AM Best Warns Insurers Could Face Risk Modeling Challenges After NOAA Ends Disaster Data Updates

AM Best says NOAA’s decision to retire its billion-dollar disaster database could hinder insurers’ ability to track secondary perils and price risk effectively.
May 21, 2025 Catastrophe Insurance Industry Risk Management Technology

Warner Robins Insurance Agent Charged with Bank Fraud over Misuse of $220K in Client Funds

Warner Robins Insurance Agent Charged with Bank Fraud over Misuse of $220K in Client Funds

A former Alfa Insurance agent in Warner Robins faces federal charges for allegedly directing a client to withdraw $220K, which he used to pay others’ insurance premiums.
May 20, 2025 Fraud Insurance Industry Legislation & Regulation Property Georgia

Correction Officers Accused of Defrauding NYC Workers’ Comp System Through False Injury Claims

Correction Officers Accused of Defrauding NYC Workers’ Comp System Through False Injury Claims

Three current and former Rikers Island correction officers are accused of faking on-duty injuries to claim nearly $1 million in workers’ compensation benefits.
May 20, 2025 Fraud Insurance Industry Litigation Workers' Compensation New York

Connecticut Moves Swiftly to Block Massive Spike in Workers’ Compensation Insurance Rates

Connecticut Moves Swiftly to Block Massive Spike in Workers’ Compensation Insurance Rates

Facing a 235% hike in workers’ compensation premiums after a court ruling, Connecticut lawmakers passed urgent legislation to stabilize insurance costs for employers statewide.
May 20, 2025 Insurance Industry Legislation & Regulation Risk Management Workers' Compensation Connecticut

Former California City Official Accused of Embezzling Nearly $200K in Insurance Fraud Scheme

Former California City Official Accused of Embezzling Nearly $200K in Insurance Fraud Scheme

A former assistant city manager in La Cañada Flintridge faces 34 felony charges for allegedly diverting nearly $200,000 in insurance claim checks to his personal account.
May 20, 2025 Fraud Insurance Industry Litigation Risk Management California

Workers’ Comp Remains Profitable in 2024 as Claim Severity Rises and Premiums Drop

Workers’ Comp Remains Profitable in 2024 as Claim Severity Rises and Premiums Drop

Despite a 3% drop in premiums and rising claim severity, the workers’ comp sector posted an 86% combined ratio in 2024, marking 11 straight years of underwriting gains.
May 20, 2025 Insurance Industry Risk Management Workers' Compensation
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