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Miami’s Super Yacht Boom Leaves Derelict Boats, Rising Marine Risks, and Insurance Challenges

Miami’s Super Yacht Boom Leaves Derelict Boats, Rising Marine Risks, and Insurance Challenges

As luxury yacht ownership expands across South Florida, abandoned vessels, marina shortages, and rising boating accidents are creating new risks for insurers, marine adjusters, and local governments.
June 29 Insurance Industry Liability Marine Property Risk Management Florida

Rising Insurance Costs Put Performance Car Ownership Out of Reach

Rising Insurance Costs Put Performance Car Ownership Out of Reach

Higher theft rates, expensive repairs and underwriting changes are making high-performance vehicles increasingly difficult to insure, even as used prices become more attractive.
June 29 Auto Insurance Industry Risk Management Underwriting California Florida New York

NAIC Confirms 3.1TB Data Published After Cyberattack by ShinyHunters

NAIC Confirms 3.1TB Data Published After Cyberattack by ShinyHunters

The publication of stolen NAIC data has interrupted investment designation activities and highlights how attacks on insurance regulators can ripple across the industry. Investigators continue to assess the breach while insurers monitor potential operational and cybersecurity impacts.
June 29 Insurance Industry Legislation & Regulation Risk Management Technology

Could a Hurricane Impact the World Cup? History Shows the Risk for Host Cities

Could a Hurricane Impact the World Cup? History Shows the Risk for Host Cities

Historical hurricane data shows tropical storm threats remain relatively low during the World Cup, but several host cities have experienced damaging storms, flooding, and infrastructure losses during June and July.
June 24 Catastrophe Insurance Industry Property Risk Management California Florida Georgia Massachusetts Missouri

When Should Insurers Scale AI? Industry Executives Point to Business Readiness

When Should Insurers Scale AI? Industry Executives Point to Business Readiness

Insurance technology leaders say successful AI adoption depends on workflow integration, human oversight, and clear business outcomes rather than technical sophistication alone. Carriers that delay adoption too long risk falling behind a rapidly changing market.
June 24 Education & Training Insurance Industry Technology Underwriting

Texas Man Charged in Utah Ghost Broker Scheme Involving 1,100 Fraudulent Auto Insurance Policies

Texas Man Charged in Utah Ghost Broker Scheme Involving 1,100 Fraudulent Auto Insurance Policies

Utah regulators say a Texas man used false information to obtain more than 1,100 auto insurance policies and collected payments from consumers whose coverage could have been invalid when claims were filed.
June 24 Auto Fraud Insurance Industry Legislation & Regulation Litigation Texas Utah

Roof Replacement Cycles Shrink as Climate Conditions Increase Property Claims Exposure

Roof Replacement Cycles Shrink as Climate Conditions Increase Property Claims Exposure

New Nearmap research finds that heat, humidity, temperature swings and heavier rainfall are accelerating roof deterioration, increasing replacement frequency and creating new challenges for insurers and claims professionals.
June 24 Catastrophe Insurance Industry Property Risk Management Technology

CareFirst Files RICO Lawsuit Over Alleged $50 Million Health Insurance Fraud

CareFirst Files RICO Lawsuit Over Alleged $50 Million Health Insurance Fraud

A federal lawsuit claims hundreds of ineligible individuals were enrolled in Maryland-based health plans through an alleged scheme involving fraudulent residency information and referral networks.
June 23 Fraud Insurance Industry Life & Health Litigation Maryland

AI May Soon Bypass Current Cybersecurity Systems, Five Eyes Alliance Says

AI May Soon Bypass Current Cybersecurity Systems, Five Eyes Alliance Says

The Five Eyes intelligence alliance says advanced AI models could surpass current cybersecurity protections within months, increasing risks for businesses, insurers, and critical infrastructure operators.
June 23 Insurance Industry Risk Management Technology

Verisk: U.S. Property and Casualty Industry Combined Ratio Improves to 92.4%

Verisk: U.S. Property and Casualty Industry Combined Ratio Improves to 92.4%

Improved personal auto results and lower catastrophe losses helped U.S. property and casualty insurers return to strong underwriting profitability. Claims severity and litigation-related costs remain significant concerns for carriers.
June 23 Auto Catastrophe Insurance Industry Legislation & Regulation Litigation

Apple and Tesla Data Exposed in Massive Electronics Cyber Breach

Apple and Tesla Data Exposed in Massive Electronics Cyber Breach

A ransomware group claims it leaked more than 630GB of files stolen from Tata Electronics, triggering questions about supply chain cyber risk, intellectual property exposure, and insurance coverage obligations.
June 23 Insurance Industry Risk Management Technology Underwriting

What Claims Professionals Need to Know About the 2026 Hurricane Season

What Claims Professionals Need to Know About the 2026 Hurricane Season

Forecasters expect fewer Atlantic storms due to El Niño conditions, but growing property values, flood coverage gaps and elevated catastrophe exposure continue to challenge insurers, brokers and claims professionals.
June 22 Catastrophe Insurance Industry Property Risk Management Technology

Houston-Area Clinic Owner Accused in $906 Million Medicare and Tricare Fraud Scheme

Houston-Area Clinic Owner Accused in $906 Million Medicare and Tricare Fraud Scheme

Federal prosecutors allege a Houston-area clinic owner and co-conspirators submitted hundreds of millions of dollars in fraudulent Medicare and Tricare claims tied to medically unnecessary allograft procedures. Investigators say the scheme generated nearly $300 million in government payments and involved kickbacks and patient referrals.
June 22 Fraud Insurance Industry Legislation & Regulation Life & Health California Hawaii Nevada Texas

AI-Powered Health Insurance Fraud Forces Carriers to Strengthen Defenses

AI-Powered Health Insurance Fraud Forces Carriers to Strengthen Defenses

Health insurers are investing in voice authentication, deepfake detection, and advanced analytics as criminals use AI-generated records, synthetic identities, and automated calls to exploit healthcare systems.
June 22 Fraud Insurance Industry Life & Health Risk Management Technology

Moody’s: US Uninsured Flood Losses Could Top $1 Trillion as Flood Protection Gap Widens

Moody’s: US Uninsured Flood Losses Could Top $1 Trillion as Flood Protection Gap Widens

A Moody's analysis found that uninsured residential flood losses could exceed $1 trillion in an extreme flood scenario, with most counties carrying significant protection gaps and growing exposure beyond FEMA flood maps.
June 22 Catastrophe Insurance Industry Property Risk Management Technology
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