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Texas Widow Working Two Jobs Says Former Insurance Agent Took $9K in Premium Payments

Texas Widow Working Two Jobs Says Former Insurance Agent Took $9K in Premium Payments

A Friendswood, Texas woman says she lost nearly $9,000 after paying premiums via Venmo to a former insurance agent who had already surrendered his license.
April 18, 2025 Auto Fraud Insurance Industry Property Texas

Dog Bite Claims on the Rise as Insurers Tighten Homeowners Coverage

Dog Bite Claims on the Rise as Insurers Tighten Homeowners Coverage

Dog bites led to $1.57 billion in homeowners liability claims in 2024 as insurers reassess coverage, with states like California and New York topping the list for cost and volume.
April 18, 2025 Insurance Industry Legislation & Regulation Liability Property

Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim

Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim

Authorities in Kittitas County, WA are searching for a suspect accused of staging a fall in a grocery store to file false insurance claims totaling nearly $10,000.
April 18, 2025 Fraud Insurance Industry Litigation Property Washington

New York Reports Surge in Workers’ Comp Fraud With $2.7M Identified in 2024

New York Reports Surge in Workers’ Comp Fraud With $2.7M Identified in 2024

Workers' comp fraud in New York rose nearly 30% in 2024, with 14 arrests and over $1.4 million in restitution returned to agencies, insurers, and employers.
April 18, 2025 Fraud Insurance Industry Legislation & Regulation Workers' Compensation New York

Five People Face Felony Charges in $1.4 Million California Life Insurance Fraud Scheme

Five People Face Felony Charges in $1.4 Million California Life Insurance Fraud Scheme

California officials charged five defendants, including former insurance agents, in a life insurance fraud scheme involving fake policies and stolen commissions totaling over $1.4 million.
April 15, 2025 Fraud Insurance Industry Life & Health Litigation California

How Agentic AI is Transforming Property Claims and Empowering Adjusters with Digital Coworkers

How Agentic AI is Transforming Property Claims and Empowering Adjusters with Digital Coworkers

Agentic AI agents are reshaping property claims handling by helping adjusters automate routine tasks, reduce cycle times, and focus on customer-centric problem-solving.
April 15, 2025 Catastrophe Insurance Industry Property Technology

How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide

How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide

As natural catastrophe and extreme weather losses escalate globally, insurers, developers, and financiers must rethink risk management to keep renewable energy projects insurable and bankable.
April 15, 2025 Catastrophe Insurance Industry Property Risk Management

Missouri Man Sentenced to Prison for Staging Car Crashes and Defrauding Insurers

Missouri Man Sentenced to Prison for Staging Car Crashes and Defrauding Insurers

A Missouri man who staged nighttime auto accidents and faked injuries to collect insurance payouts has been sentenced to 18 months in federal prison and ordered to pay restitution.
April 15, 2025 Auto Fraud Insurance Industry Litigation Missouri

Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding

Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding

Buffalo Trace Distillery in Kentucky is cleaning up and inspecting barrels after severe flooding, with plans to resume bottling and reopen its visitor center soon.
April 15, 2025 Catastrophe Insurance Industry Property Risk Management Kentucky

Why Climate Resilience Requires Both Parametric and Traditional Insurance Solutions

Why Climate Resilience Requires Both Parametric and Traditional Insurance Solutions

As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.
April 15, 2025 Catastrophe Insurance Industry Property Technology California Florida Louisiana Mississippi

Florida Art Dealer Accused of Selling Fake Warhols in Alleged $240K Fraud Scheme

Florida Art Dealer Accused of Selling Fake Warhols in Alleged $240K Fraud Scheme

Two South Florida men face federal charges for allegedly conspiring to sell forged Andy Warhol artwork using fake invoices and fraudulent authentication documents.
April 14, 2025 Fraud Insurance Industry Litigation Risk Management Florida New York

Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict

Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict

Hackers breached Morocco's social security database, leaking personal and financial data on Telegram amid rising cyber tensions between Morocco and Algeria.
April 14, 2025 Insurance Industry Legislation & Regulation Risk Management Technology

States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns

States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns

States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14, 2025 Insurance Industry Legislation & Regulation Litigation Risk Management Arizona California Georgia Kansas Massachusetts

Businesses Rank Civil Unrest as Top Risk as Global Political Tensions Escalate

Businesses Rank Civil Unrest as Top Risk as Global Political Tensions Escalate

With protests surging worldwide, civil unrest, terrorism, cyber-attacks, and state-sponsored sabotage are key threats businesses face, according to an Allianz report.
April 11, 2025 Catastrophe Insurance Industry Property Risk Management

California Insurance Market Struggles with Rising Risks and Regulatory Limits

California Insurance Market Struggles with Rising Risks and Regulatory Limits

Despite regulatory efforts to improve conditions, California's insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.
April 11, 2025 Catastrophe Insurance Industry Legislation & Regulation Property California
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