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Legacy Insurance Systems Drive Claims Delays and Rising Costs

Legacy Insurance Systems Drive Claims Delays and Rising Costs

New research shows manual workflows, long system timelines, and fragmented platforms are increasing claim handling costs and reducing operational control.
April 30 Insurance Industry Risk Management Technology

Fake Auto Insurance Cards Surge in Texas, Driving Fraud Risk and Claims Costs

Fake Auto Insurance Cards Surge in Texas, Driving Fraud Risk and Claims Costs

Fraudulent policies are leaving drivers uninsured and shifting costs to legitimate claims through higher premiums and increased uninsured motorist filings.
April 30 Auto Fraud Insurance Industry Risk Management

Insurance Claims AI Requires Strong Governance and Human Oversight

Insurance Claims AI Requires Strong Governance and Human Oversight

AI can speed up claims processing, but without clear controls, it can amplify errors, increase exposure, and create regulatory risk for insurers.
April 30 Education & Training Insurance Industry Risk Management Technology

Early Spring Hail and Wind Claims Drive Hidden Costs for Insurers

Early Spring Hail and Wind Claims Drive Hidden Costs for Insurers

Early-season wind and hail events often bypass catastrophe protocols but still create complex, costly claims. Delays and poor coordination can quickly increase severity and cycle times.
April 28 Catastrophe Insurance Industry Property Risk Management

Electronic Key Fob Fraud Scheme Drives Multi-State Auto Theft Ring Indictments

Electronic Key Fob Fraud Scheme Drives Multi-State Auto Theft Ring Indictments

Suspects used electronic devices to reprogram key fobs, moving stolen vehicles across states and into international markets.
April 28 Auto Fraud Litigation Risk Management Technology District Of Columbia Maryland Pennsylvania

Cannabis Rescheduling Drives New Insurance Capacity but Raises Compliance Risks

Cannabis Rescheduling Drives New Insurance Capacity but Raises Compliance Risks

Federal reclassification improves financial outlook for medical marijuana operators but leaves insurers navigating complex compliance and liability risks.
April 28 Excess & Surplus Lines Insurance Industry Legislation & Regulation Liability Property

Largest Art Theft in History Highlights Challenges in High-Value Property Recovery

Largest Art Theft in History Highlights Challenges in High-Value Property Recovery

A former FBI agent details suspects and missed opportunities in the $500M Boston art theft, offering insight into why recovery remains difficult decades later.
April 28 Fraud Litigation Property Risk Management

Cargo Theft Losses Hold at $131M Despite Fewer Incidents in Q1 2026

Cargo Theft Losses Hold at $131M Despite Fewer Incidents in Q1 2026

Fewer incidents mask rising claim complexity as organized crime groups use impersonation and target high-resale goods across major logistics hubs.
April 28 Fraud Property Risk Management Technology

Distracted Driving Expands Risk for Trucking Fleets as Claims Costs Surge

Distracted Driving Expands Risk for Trucking Fleets as Claims Costs Surge

Expanding in-cab distractions, fatigue, and litigation trends are increasing claim severity and underwriting scrutiny for commercial fleets.
April 28 Auto Liability Risk Management Technology

Mississippi Launches $10K Roof Grant Program to Cut Storm Losses

Mississippi Launches $10K Roof Grant Program to Cut Storm Losses

State-backed incentives for FORTIFIED roofs aim to reduce storm damage, stabilize premiums, and improve claim outcomes across high-risk regions.
April 28 Catastrophe Insurance Industry Property Risk Management Underwriting Mississippi

Court Upholds Insurer Flexibility in Actual Cash Value Calculations

Court Upholds Insurer Flexibility in Actual Cash Value Calculations

A major appellate ruling limits class actions over vehicle valuation methods while preserving insurer flexibility in determining actual cash value.
April 28 Auto Legislation & Regulation Litigation Risk Management Tennessee

Wildfires in Georgia and Florida Destroy 50 Homes as Drought and Winds Fuel Losses

Wildfires in Georgia and Florida Destroy 50 Homes as Drought and Winds Fuel Losses

Drought, wind, and fuel conditions drive fast-moving fires in Georgia and Florida, raising exposure concerns for property insurers and adjusters.
April 24 Catastrophe Insurance Industry Property Risk Management Florida Georgia South Carolina

Coastal Flood Risk Study Identifies Top U.S. Cities Facing Severe Property Loss

Coastal Flood Risk Study Identifies Top U.S. Cities Facing Severe Property Loss

Machine learning analysis shows millions of properties and residents exposed, with extreme damage risk concentrated in dense coastal markets.
April 24 Catastrophe Insurance Industry Property Risk Management Technology Alabama Florida Louisiana New York South Carolina

Operation Sideswipe: How Staged 18-Wheeler Crashes Drove Insurance Fraud Losses

Operation Sideswipe: How Staged 18-Wheeler Crashes Drove Insurance Fraud Losses

A widespread staged-accident scheme involving attorneys, drivers, and recruited passengers inflated claims and exposed vulnerabilities in trucking and insurance litigation.
April 20 Catastrophe Fraud Insurance Industry Liability Litigation California Florida Louisiana Mississippi Oklahoma

Why Claims Speed Fails Without Trustworthy Medical Record Review

Why Claims Speed Fails Without Trustworthy Medical Record Review

Speed gains mean little if claim decisions cannot be explained and defended. Adjusters need structured workflows, not just more tools.
April 20 Insurance Industry Risk Management Technology Workers' Compensation
Omega Forensic Engineering, IncAspen Claims ServiceWeller SalvageKelmar Global