More Winter Storms Target Midwest, Northeast After $38B Blizzard Losses
New snow, ice, Arctic air, and potential flooding could generate fresh property and auto claims just days after a multibillion-dollar blizzard.
February 25
Auto
Catastrophe
Property
Risk Management
Underwriting
Illinois
Indiana
Iowa
Massachusetts
Michigan
Ice Storm Strains US Power Grids as Blackout Risks Rise From Texas to New England
Grid operators warn of record winter demand and prolonged outages as ice damage, extreme cold, and emergency measures collide across multiple regions.
January 26
Auto
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Connecticut
District Of Columbia
Illinois
Louisiana
Maine
Rising Ocean Temps to Drive Massive Insured Losses From Cat 5 Hurricanes in Florida, East Coast
New research links a warming Atlantic to more extreme hurricane activity, with Florida, New York, and the Carolinas facing sharp increases in storm-driven insurance claims.
December 4, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
Massachusetts
New York
North Carolina
Rhode Island
Nor’easter and Alaska Storm Trigger Claims Risks With Fatalities, Flooding, and Power Outages
Back-to-back coastal storms disrupt infrastructure and displace residents, with early season indicators of increased catastrophe activity this fall.
October 14, 2025
Catastrophe
Insurance Industry
Marine
Property
Risk Management
Alaska
Massachusetts
New Jersey
New York
North Carolina
ACE American Targets Tech Firms in $500K Cyber Insurance Subrogation Case
A cyber insurance dispute is unfolding in federal court as ACE American Insurance Co., a Chubb subsidiary, seeks to recoup $500,000 paid in ransomware damages from two IT vendors it claims are at fault.
October 7, 2025
Insurance Industry
Litigation
Subrogation
Technology
Illinois
Massachusetts
New Jersey
Lyft Pays $19.4 Million to Settle Worker Misclassification Audit in New Jersey
Lyft has agreed to pay $19.4 million to New Jersey after an audit found it misclassified over 100,000 drivers as independent contractors between 2014 and 2017.
September 19, 2025
Insurance Industry
Legislation & Regulation
Litigation
Workers' Compensation
Massachusetts
New Jersey
How a $100 Billion Hurricane Could Strike the US and What Insurers Need to Know
Major U.S. metro areas are increasingly vulnerable to $100 billion hurricane losses. This KCC report shows where it’s most likely and how insurers can prepare for the next big one.
August 29, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Connecticut
Florida
Louisiana
Massachusetts
New Jersey
Massachusetts Insurance Brokers Accused of Stealing Over $700K from Clients
A Massachusetts couple has been charged with wire fraud for allegedly stealing over $700,000 in client premiums through their insurance firm and issuing fake coverage documents.
August 29, 2025
Fraud
Insurance Industry
Legislation & Regulation
Property
Massachusetts
JPMorgan Must Defend Elder Fraud Arbitration Claim from Widow
A federal judge ruled that JPMorgan must face arbitration over claims it failed to prevent a widow’s son from stealing $8.4 million from her bank accounts after her husband’s death.
August 20, 2025
Fraud
Legislation & Regulation
Litigation
Risk Management
California
Florida
Massachusetts
New York
Why the U.S. Faces Soaring Hurricane Losses as Storms Grow Stronger
With climate change intensifying storms, insured hurricane losses in the U.S. could surge 50%—testing the limits of insurers, infrastructure, and public preparedness.
July 17, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Massachusetts
New York
Texas
Utility and AI Apps Dominate as Distracted Driving Habits Shift in 2024
CMT’s 2024 report reveals a shift in distracted driving habits, with fewer drivers using phones but a surge in utility and AI app usage behind the wheel.
June 12, 2025
Auto
Insurance Industry
Risk Management
Technology
Massachusetts
New England Patriots Reach $2.1 Million Settlement Over Alleged Privacy Violations in App Use
A federal court has preliminarily approved a $2.1 million class-action settlement with the New England Patriots over alleged privacy violations tied to app user tracking tools.
June 2, 2025
Insurance Industry
Legislation & Regulation
Litigation
Technology
Massachusetts
Fishermen Face Rising Safety Risks as Federal Training Programs Lose Funding
Federal budget cuts threaten safety training programs for fishing, farming, and logging workers—among the nation’s most dangerous jobs—potentially leaving crews at greater risk.
June 2, 2025
Catastrophe
Education & Training
Legislation & Regulation
Risk Management
Alaska
Florida
Iowa
Maine
Massachusetts
Storm Surge Risk Threatens Billions in Coastal Property Value Across 20 States
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
June 2, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Connecticut
Delaware
District Of Columbia
Florida
Nationwide Auto Theft Ring Busted as Queens DA Charges 20 in $4.6M Scheme
Prosecutors say a sophisticated criminal network used social media to resell 126 stolen cars in a multi-state operation that spanned from New York to Tennessee.
May 9, 2025
Fraud
Litigation
Risk Management
Technology
Massachusetts
New Jersey
New York
Tennessee
