Gustavo Kinrys, a psychiatrist from Wellesley, Massachusetts, sentenced to 99 months in prison for a $19 million insurance fraud scheme used to finance luxury homes and purchase over $600,000 in high-end jewelry.

The U.S. personal insurance sector is set for improved performance in 2024, with the auto segment showing signs of recovery while homeowners' insurance continues to grapple with volatility from natural catastrophes and rising costs.

As the field of alternative therapeutics advances, the burgeoning psychedelics industry is becoming a lucrative market for insurance, offering significant opportunities for brokers and insurers.

Recent data breaches involving Snowflake-hosted cloud databases have impacted several major companies, with attackers leveraging compromised credentials to access customer accounts.

Rising settlements and third-party litigation funding (TPLF) trends drive higher risks and costs for insurers, impacting policyholders and consumer prices.

A licensed insurance agent from Nash County has been charged with 74 felony counts, including identity theft and forgery, after allegedly forging life insurance applications to obtain funds illegally.

Q1 2024 sees a significant rise in EV repairable claims and total loss frequency in the US and Canada, highlighting trends in EV repair costs and adoption.

Rhode Island's new law, effective January 2025, prevents auto insurers from charging widows and widowers higher rates, treating them the same as married policyholders.

In Q1 2024, the P&C insurance industry saw impressive stock performance, with notable gains among insurtechs demonstrating high-quality growth.

The 2024 Atlantic hurricane season, starting June 1 and ending November 30, is predicted to be particularly active. Allianz Commercial offers insights into this year's forecast, reviewing notable 2023 storms and providing expert advice on storm preparedness.

The 2024 Ransomware Trends Report reveals increasing cyber threats, with a focus on data protection, recovery strategies, and the collaboration between IT and security teams.

Iowa's major insurance companies have reduced roof coverage, resulting in substantial out-of-pocket costs for homeowners and jeopardizing mortgages. The changes follow increased claims from frequent hail and wind storms.

North Carolina has experienced a significant increase in insurance fraud since the COVID-19 pandemic, with seniors being heavily targeted by scams. State officials are urging vigilance and reporting to combat the issue.

A recent TikTok hack compromised CNN's account and targeted other high-profile users, including Paris Hilton. The security breach remains under investigation, with TikTok enhancing security measures to prevent future attacks.

Jim Farley envisions Ford achieving level 3 autonomous driving within a few years, revolutionizing the auto industry and reclaiming time for drivers.