Texas Widow Working Two Jobs Says Former Insurance Agent Took $9K in Premium Payments
A Friendswood, Texas woman says she lost nearly $9,000 after paying premiums via Venmo to a former insurance agent who had already surrendered his license.
April 18, 2025
Auto
Fraud
Insurance Industry
Property
Texas
Dog Bite Claims on the Rise as Insurers Tighten Homeowners Coverage
Dog bites led to $1.57 billion in homeowners liability claims in 2024 as insurers reassess coverage, with states like California and New York topping the list for cost and volume.
April 18, 2025
Insurance Industry
Legislation & Regulation
Liability
Property
Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim
Authorities in Kittitas County, WA are searching for a suspect accused of staging a fall in a grocery store to file false insurance claims totaling nearly $10,000.
April 18, 2025
Fraud
Insurance Industry
Litigation
Property
Washington
How Agentic AI is Transforming Property Claims and Empowering Adjusters with Digital Coworkers
Agentic AI agents are reshaping property claims handling by helping adjusters automate routine tasks, reduce cycle times, and focus on customer-centric problem-solving.
April 15, 2025
Catastrophe
Insurance Industry
Property
Technology
How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide
As natural catastrophe and extreme weather losses escalate globally, insurers, developers, and financiers must rethink risk management to keep renewable energy projects insurable and bankable.
April 15, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Liberty Mutual Fined $300,000 in Delaware Over False Insurance Discount Ads
Delaware regulators fined three Liberty Mutual companies $300,000 for advertising homeowners and auto insurance discounts not available to policyholders in the state.
April 15, 2025
Auto
Legislation & Regulation
Litigation
Property
Delaware
Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding
Buffalo Trace Distillery in Kentucky is cleaning up and inspecting barrels after severe flooding, with plans to resume bottling and reopen its visitor center soon.
April 15, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Kentucky
Why Climate Resilience Requires Both Parametric and Traditional Insurance Solutions
As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.
April 15, 2025
Catastrophe
Insurance Industry
Property
Technology
California
Florida
Louisiana
Mississippi
AI Weather Models Bring Hyper-Local Flood Forecasting to Insurance Industry
Advances in AI-powered weather models are helping insurers create hyper-local flood forecasts, allowing faster warnings and reducing risk from extreme weather events.
April 14, 2025
Catastrophe
Property
Risk Management
Technology
Climate Change and Supply Chain Disruptions Are Reshaping Business Interruption Insurance
As climate risks intensify and supply chain uncertainty grows, insurers and businesses are rethinking business interruption coverage and the risks of underreporting exposures.
April 14, 2025
Catastrophe
Property
Risk Management
Businesses Rank Civil Unrest as Top Risk as Global Political Tensions Escalate
With protests surging worldwide, civil unrest, terrorism, cyber-attacks, and state-sponsored sabotage are key threats businesses face, according to an Allianz report.
April 11, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California Insurance Market Struggles with Rising Risks and Regulatory Limits
Despite regulatory efforts to improve conditions, California’s insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.
April 11, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Where Home Insurance Still Costs Under $1,200 a Year
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Indiana
Louisiana
North Carolina
Ohio
California Wildfires Push Insured Losses Past $30 Billion in Costliest Disaster Yet
Insured losses from January’s Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.
April 8, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Elderly New York Couple Allegedly Scammed Out of $129K in Roofing Fraud Case
A Queens contractor allegedly forged insurance documents and inflated repair costs by over 5,000% in a roofing scheme targeting a Nassau County couple, prosecutors say.
April 7, 2025
Fraud
Insurance Industry
Litigation
Property
New York
