A federal court ruled that a cannabis grower’s business income loss was not covered by its insurance policy after a fire damaged crops but did not halt overall operations.
A federal investigation found safety violations by NER Construction Management led to a worker’s fatal fall at the Cutler Majestic Theater in Boston. OSHA has proposed $115,221 in fines.
Discover insights from the Geneva Association’s 2025 report on geoeconomic fragmentation, exploring how global divides are transforming risks, opportunities, and strategies for the insurance industry.
Moody’s projects $30 billion in insured property losses from Los Angeles County wildfires, highlighting the challenges of insuring high-risk areas and the strain on California’s FAIR plan.
A New York resident allegedly defrauded Medicaid, childcare assistance programs, and her car insurance provider by misrepresenting income and residency over several years.
A rare snowstorm dumped record amounts of snow across the US South, causing travel chaos, frozen pipes, and widespread disruptions in states unprepared for such severe winter weather.
Learn how to detect and mitigate bias in AI systems with practical tools and strategies, emphasizing fairness in decision-making for insurance fraud detection and beyond.
An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
A UK court found that Sky Betting and Gaming illegally profiled a gambling addict for marketing purposes, sparking further scrutiny of data practices in the gambling industry.
Cargo theft incidents surged 27% in 2024, reaching 3,625 reported cases in the U.S. and Canada. California and Texas were hit hardest, with criminals shifting to high-value targets like electronics and copper.
Catastrophe bonds and related insurance-linked securities surged to a record $17.7 billion in issuance during 2024, driven by a robust first half and strong year-end performance.
FEMA has expanded its flood insurance reinsurance program for 2025, transferring $758 million in risk to 27 private reinsurers and covering portions of losses from catastrophic flood events.
A new report reveals mixed consumer opinions on insurers using AI for severe weather predictions, highlighting the need for transparency and education to build trust in these tools.
California authorities, including Insurance Commissioner Ricardo Lara, are addressing rising fraud cases after wildfires, deploying resources to protect survivors and prosecute scammers.
Florida and Alabama declared states of emergency as a rare snowstorm approached the region, prompting closures, emergency measures, and National Guard activation.