Four men in Miami-Dade County are facing charges for allegedly staging a car accident and submitting fraudulent insurance claims, resulting in payouts totaling over $50,000.

A janitorial company in San Bernardino, California, is under scrutiny as its owners face multiple felony counts for allegedly underreporting over $2.4 million in payroll to evade workers' compensation premiums and payroll taxes.

Discover how Lemonade's AI Jim is transforming the insurance claims process with unprecedented speed and accuracy.

Learn how social inflation is driving adverse reserve development in P&C insurance and what it means for future accident years.

This year's wildfire season is projected to be less intense than usual, but those in high-risk areas must remain vigilant and prepared for potential damage.

Twin pain management doctors in Texas confessed to a $45 million healthcare fraud involving fake corticosteroid injections, facing up to 10 years in prison.

NOAA forecasts an above-normal 2024 Atlantic hurricane season driven by La Nina and warm ocean temperatures, with an 85% chance of higher than average storm activity.

Catastrophe bond and insurance-linked securities issuance surpasses $10.9 billion in H1 2024, setting new records with more deals expected.

The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.

A Massachusetts man and a Boston dental clinic face charges of defrauding Medicaid of $245,000 and performing unlicensed dental procedures, following an indictment by a Suffolk County Grand Jury.

Regulatory demands for plain language drive life insurers to adopt generative AI tools to improve customer communications and ensure clarity and compliance.

Leveraging diverse data sources and advanced computing power is transforming flood insurance, making it a viable option for private insurers and improving coverage accuracy and affordability.

The Florida Office of Insurance Regulation reports a downward trend in property insurance rates for 2024, indicating market stabilization due to recent reforms.

Industry experts discuss how generative AI can address challenges in training and retaining underwriters amid shifting expectations and rapid digital changes.

A 72-year-old woman from Green Valley, Arizona, has been sentenced to 21 months in prison and ordered to pay restitution for defrauding elderly clients in an insurance scam.