Connecticut Moves Swiftly to Block Massive Spike in Workers’ Compensation Insurance Rates
Facing a 235% hike in workers’ compensation premiums after a court ruling, Connecticut lawmakers passed urgent legislation to stabilize insurance costs for employers statewide.
May 20, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Connecticut
Former California City Official Accused of Embezzling Nearly $200K in Insurance Fraud Scheme
A former assistant city manager in La Cañada Flintridge faces 34 felony charges for allegedly diverting nearly $200,000 in insurance claim checks to his personal account.
May 20, 2025
Fraud
Insurance Industry
Litigation
Risk Management
California
Millions of Homes Unprotected as Climate-Driven Insurance Costs Soar
New research shows insurance protects against climate disasters, but millions of flood-prone homes remain uninsured as premiums climb beyond affordability.
May 20, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Kentucky
Louisiana
New York
Workers’ Comp Remains Profitable in 2024 as Claim Severity Rises and Premiums Drop
Despite a 3% drop in premiums and rising claim severity, the workers’ comp sector posted an 86% combined ratio in 2024, marking 11 straight years of underwriting gains.
May 20, 2025
Insurance Industry
Risk Management
Workers' Compensation
Climate Change Drives Rising Home Insurance Costs and Coverage Gaps
As climate disasters increase, insurers are hiking premiums, reducing coverage, or exiting markets—leaving homeowners, states, and federal programs to fill the gap.
May 20, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Maryland
EPA Plans to Weaken Drinking Water Limits on Emerging PFAS Chemicals
The EPA will maintain strict limits for two common ‘forever chemicals’ but plans to roll back standards for others, citing legal challenges and utility concerns.
May 19, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
New York
North Carolina
How Insurers Can Tackle Tech, Process and Organizational Debt to Drive Innovation
Insurers face more than just outdated technology — process and organizational debt also hold them back. Tackling all three is key to modernization and customer value.
May 19, 2025
Education & Training
Insurance Industry
Risk Management
Technology
Insurers Scramble for Disaster Data After NOAA Halts Updates
With NOAA’s disaster data program discontinued after 2024, insurance companies face major challenges in modeling risk, pricing policies, and ensuring climate resilience.
May 13, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
Amtrak Health Plan Defrauded of $12 Million by Over 100 Employees and Medical Providers
Over 100 Amtrak employees joined forces with medical providers in a fraudulent health insurance scheme that cost the company more than $12 million, a new report finds.
May 12, 2025
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
Connecticut
Delaware
District Of Columbia
Maryland
New Jersey
Newark Flight Delays Return Amid Telecom Failures as FAA Pushes System Upgrades
A telecom issue at Philadelphia’s radar facility triggered Newark flight delays again, highlighting ongoing infrastructure gaps and sparking urgent FAA upgrade plans.
May 12, 2025
Legislation & Regulation
Litigation
Risk Management
Technology
New Jersey
New York
Pennsylvania
Why Data Exfiltration Has Replaced Ransomware as the Top Cyber Threat
As ransomware attacks evolve, data theft has overtaken system encryption as the primary threat, driving up cyber insurance claims and shifting insurer response strategies.
May 12, 2025
Insurance Industry
Litigation
Risk Management
Technology
Rethinking Empathy in Insurance Amid the Rise of AI and Automation
Empathy in insurance is evolving as AI and digital tools grow more capable, forcing the industry to redefine how compassion and service are delivered in modern claims handling.
May 12, 2025
Education & Training
Risk Management
Technology
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
Community Colleges Use AI to Fight Financial Aid Fraud
Facing a sharp rise in AI-driven financial aid fraud, community colleges like Southwestern are turning to advanced fraud detection tools powered by the same technology.
May 8, 2025
Education & Training
Legislation & Regulation
Risk Management
Technology
California
NOAA Ends Billion-Dollar Disaster Tracking Program Citing Budget Cuts and Staffing Issues
NOAA will stop updating its billion-dollar weather disaster database, a move that limits public access to vital cost-tracking of extreme weather events.
May 8, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
