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 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
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
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
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
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
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
Former FBI Agent Unpacks How a Massive Health Insurance Scam Took Root in Pennsylvania and Spread Nationwide
A federal investigation into a sweeping health insurance fraud scheme that began in Reading, Pennsylvania, highlights how scammers stole millions from thousands of victims nationwide.
May 20, 2025
Fraud
Insurance Industry
Life & Health
Litigation
Pennsylvania
Pennsylvania Shuts Down Unlicensed Insurance Telemarketing Scheme with Nationwide Reach
A multiyear investigation by the Pennsylvania Insurance Department led to the indictment of four businessmen and two companies for defrauding consumers across the U.S.
May 20, 2025
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Pennsylvania
West Virginia Man Charged After Illegally Using Over $20K in Deceased Relative’s Workers’ Comp Payments
A Salt Rock resident faces multiple felony charges after admitting to using more than $20,000 in workers' comp benefits sent in error to his deceased relative's account.
May 20, 2025
Fraud
Insurance Industry
Litigation
Workers' Compensation
West Virginia
How Insurers Can Tackle Tech, Process and Organizational Debt to Drive Innovation
Insurers face more than just outdated technology - process and organizational debt also hold them back. Tackling all three is key to modernization and customer value.
May 19, 2025
Education & Training
Insurance Industry
Risk Management
Technology
Insurers Scramble for Disaster Data After NOAA Halts Updates
With NOAA's disaster data program discontinued after 2024, insurance companies face major challenges in modeling risk, pricing policies, and ensuring climate resilience.
May 13, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
How Property and Casualty Insurers Can Combat Fraud with AI-Driven Multimodal Technology
AI-powered multimodal tech is helping property and casualty insurers detect fraud more accurately across the claims cycle, potentially saving billions and lowering premium costs.
May 13, 2025
Fraud
Insurance Industry
Property
Technology
Escrow Officer Sentenced to Prison for Orchestrating $350K Title Fraud Scheme in Texas
A McAllen, Texas escrow officer was sentenced to 24 months in prison for wire fraud after falsifying real estate documents and defrauding lenders and buyers of over $350,000.
May 13, 2025
Fraud
Insurance Industry
Litigation
Property
Texas
Amtrak Health Plan Defrauded of $12 Million by Over 100 Employees and Medical Providers
Over 100 Amtrak employees joined forces with medical providers in a fraudulent health insurance scheme that cost the company more than $12 million, a new report finds.
May 12, 2025
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
Connecticut
Delaware
District Of Columbia
Maryland
New Jersey
