Queens Medical Supplier Targeted in GEICO’s $1 Million No-Fault Fraud Lawsuit
GEICO alleges a Queens-based supplier and clinics conspired in a kickback scheme that exploited New York’s no-fault insurance system and billed over $1 million in false claims.
September 15
Auto
Fraud
Insurance Industry
Litigation
New York
North Korea Uses AI Deepfakes and ChatGPT in Targeted Cyberattacks on South Korea
North Korea-linked hackers are using AI tools like ChatGPT and deepfake ID images to impersonate South Korean military officials and carry out stealthy cyber intrusions.
September 15
Insurance Industry
Legislation & Regulation
Risk Management
Technology
How Insurers Are Responding to the Rising Threat of Chemical and Biological Terror Attacks
Terrorist threats involving chemical, biological, radiological, or nuclear materials are rare but growing. Insurers face major gaps in coverage and rising loss potential.
September 15
Insurance Industry
Litigation
Property
Risk Management
Google Sued Over AI Summaries Using Content from Rolling Stone, Billboard, and Variety
The publisher behind Rolling Stone, Billboard, and Variety sues Google for allegedly republishing its content in AI Overviews, threatening journalism and digital media revenue.
September 15
Insurance Industry
Litigation
Risk Management
Technology
Homebuyers Shift Search Strategies As Homeowners Insurance Costs Rise And Access Challenges Grow
A new Realtor.com survey shows rising homeowners insurance costs are influencing homebuyers’ decisions, with many adjusting search strategies or considering dropping coverage.
September 12
Catastrophe
Insurance Industry
Property
Risk Management
Federal Disaster Aid Approvals Are Taking Longer And Delaying Recovery Efforts
A new AP analysis shows presidential disaster declarations now take weeks longer than in past decades, leaving survivors and local governments waiting for critical aid.
September 12
Catastrophe
Legislation & Regulation
Property
Risk Management
Insurance Underwriters Prepare for AI-Driven Transformation in Risk Management
A survey of 430 underwriting executives reveals AI adoption will surge from 14% to 70% in three years, reshaping efficiency, risk assessment and workforce strategy.
September 12
Insurance Industry
Risk Management
Technology
Underwriting
FTC Launches Inquiry into How AI Chatbots Affect Children’s Safety and Well-Being
The FTC is examining how AI chatbots may impact children, seeking answers from tech giants on safety measures, content monitoring, and potential risks to minors.
September 12
Legislation & Regulation
Life & Health
Risk Management
Technology
Why the Atlantic Hurricane Season Has Suddenly Gone Quiet in September
Despite reaching the statistical peak of hurricane season, the Atlantic basin is unusually quiet this September, with no active storms and limited tropical development expected.
September 10
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
North Carolina
Tennessee
Texas
How Construction Companies Can Prevent Common Builders Risk Claims
Construction projects face risks from theft, weather, fire, and more. Proactive site safety measures can reduce losses and keep projects on track.
September 9
Catastrophe
Insurance Industry
Property
Risk Management
High Insurance Costs and Climate Risks Push Homeowners in Vulnerable Areas to the Brink
A new Realtor.com report reveals that 1 in 4 U.S. homes face extreme climate risk, with surging insurance costs disproportionately impacting low-value, high-risk markets.
September 9
Catastrophe
Insurance Industry
Property
Risk Management
Pennsylvania Man Accused of Running $400 Million ATM Investment Scam
Federal authorities charged a Pennsylvania man with securities and wire fraud after allegedly defrauding investors through a fake ATM investment scheme worth over $400 million.
September 4
Fraud
Legislation & Regulation
Litigation
Risk Management
New Jersey
Pennsylvania
Underwriting Profit Triples for U.S. Property/Casualty Insurers in Early 2025 Despite Mixed Income
The U.S. P/C insurance industry posted a $11.5B underwriting gain in H1 2025, aided by fewer Q2 catastrophes, despite a sharp decline in investment-driven net income.
September 4
Catastrophe
Insurance Industry
Property
Underwriting
California
Georgia
Texas
NOAA Launches First Hourly Wildfire Risk Model to Improve Forecasting and Response
NOAA’s new Hourly Wildfire Potential Index offers hourly wildfire hazard forecasts, helping responders and forecasters better track fire activity and smoke emissions in real time.
September 2
Catastrophe
Property
Risk Management
Technology
Younger Adults More Likely to Commit Insurance Fraud, Study Finds
A University of Georgia study finds Americans under 34 are significantly more willing to commit insurance fraud, often without realizing the legal or financial consequences.
September 2
Auto
Education & Training
Fraud
Insurance Industry
