Federal prosecutors said Brad Heppner used shell companies, falsified records, and misleading debt transactions tied to GWG Holdings and Beneficient, leaving thousands of investors facing major losses.
Hackers tied to the ShinyHunters group claimed to have stolen data tied to 275 million students and staff before disrupting school login systems. The agreement may limit immediate extortion threats, but cyber experts warn the data could still resurface.
Federal prosecutors said the defendant helped file fraudulent claims involving wrecked and inoperable vehicles as part of a broader Bay Area towing fraud operation tied to arson, staged losses, and organized insurance scams.
The cyberattack on Instructure’s Canvas platform disrupted exams, exposed user data, and triggered lawsuits as schools and insurers assess fallout from a major education-sector cyber event.
Texas regulators are examining whether athletic apparel marketed as health-conscious may contain PFAS chemicals, adding pressure on consumer brands and raising liability concerns for manufacturers and insurers.
Abundant capacity and lower pricing persist, but adjusters face growing challenges from geopolitical conflicts, social inflation, and complex multi-line claims.
Chubb’s 2026 report shows fewer cyber claims for large U.S. businesses, but far higher losses tied to AI-enabled attacks, ransomware, privacy litigation, and supply-chain disruptions.
A former FBI agent details suspects and missed opportunities in the $500M Boston art theft, offering insight into why recovery remains difficult decades later.
A widespread staged-accident scheme involving attorneys, drivers, and recruited passengers inflated claims and exposed vulnerabilities in trucking and insurance litigation.
Direct written premiums rose nearly 11% in 2025 as policies in force surged, but Fitch says deteriorating losses, softer pricing, and AI-driven threats are making cyber underwriting more difficult. Coverage wording and third-party risk could become bigger issues for insurers and claims teams.
