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Experian’s 2025 Fraud Forecast Warns of Rising AI-Powered Threats

Experian’s 2025 Fraud Forecast Warns of Rising AI-Powered Threats

Experian's Future of Fraud Forecast highlights five emerging threats for 2025, including AI-driven bot attacks, password spraying, cryptocurrency scams, and social media-fueled fraud schemes.
January 29, 2025 Fraud Insurance Industry Risk Management Technology

How the Tech Stock Drop Could Shape AI’s Future

How the Tech Stock Drop Could Shape AI’s Future

DeepSeek's rapid ascent as a free generative AI app has stunned tech investors, raising questions about AI development costs and the future of industry giants.
January 29, 2025 Insurance Industry Legislation & Regulation Risk Management Technology

PayPal Settles $2 Million Cybersecurity Case Over 2022 Data Breach

PayPal Settles $2 Million Cybersecurity Case Over 2022 Data Breach

PayPal faces a $2 million fine for failing to comply with New York's Cybersecurity Regulation, exposing customer data during a 2022 breach caused by inadequate security measures.
January 27, 2025 Insurance Industry Legislation & Regulation Technology New York

LinkedIn Faces Lawsuit Over Alleged Customer Data Use for AI Training

LinkedIn Faces Lawsuit Over Alleged Customer Data Use for AI Training

LinkedIn is facing a class action lawsuit accusing the platform of using private customer data, including messages, to train AI models without explicit consent, violating privacy laws.
January 24, 2025 Insurance Industry Litigation Technology California

Does Florida’s Roof Age Rule Hinder Adoption of Hurricane-Resilient Roof Systems?

Does Florida’s Roof Age Rule Hinder Adoption of Hurricane-Resilient Roof Systems?

Builders argue that Florida's 15-year roof age rule limits the use of advanced, wind-resistant materials, as insurers remain skeptical despite their potential to reduce hurricane losses.
January 24, 2025 Legislation & Regulation Property Risk Management Technology Florida Louisiana

How Geoeconomic Fragmentation is Reshaping the Insurance Landscape

How Geoeconomic Fragmentation is Reshaping the Insurance Landscape

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.
January 24, 2025 Insurance Industry Liability Risk Management Technology

Historic Snowstorm Brings Chaos to US South With Record-Breaking Cold and Snowfall

Historic Snowstorm Brings Chaos to US South With Record-Breaking Cold and Snowfall

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.
January 24, 2025 Catastrophe Property Risk Management Technology Arkansas Florida Georgia Louisiana Oklahoma

Leveling the Playing Field with AI: Tools to Address Algorithmic Bias

Leveling the Playing Field with AI: Tools to Address Algorithmic Bias

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.
January 23, 2025 Education & Training Fraud Risk Management Technology

Court Rules Sky Betting Violated Data Laws to Target Problem Gambler

Court Rules Sky Betting Violated Data Laws to Target Problem Gambler

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.
January 23, 2025 Legislation & Regulation Litigation Risk Management Technology

Cargo Theft Hits Unprecedented Highs in 2024, with $202K Average Loss Per Incident

Cargo Theft Hits Unprecedented Highs in 2024, with $202K Average Loss Per Incident

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.
January 23, 2025 Fraud Property Risk Management Technology California Georgia New York Texas

AI-Powered Claims Solutions Revolutionizing Desk Adjuster Workflows

AI-Powered Claims Solutions Revolutionizing Desk Adjuster Workflows

Agentic AI is reshaping claims management by automating repetitive tasks, supporting desk adjusters, and addressing challenges like workforce gaps, scalability, and customer satisfaction.
January 21, 2025 Catastrophe Education & Training Fraud Technology

Record Catastrophe Bond Issuance of $17.7 Billion in 2024

Record Catastrophe Bond Issuance of $17.7 Billion in 2024

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.
January 21, 2025 Catastrophe Property Risk Management Technology California Florida Louisiana Massachusetts Texas

Consumers Weigh in on AI Use in Severe Weather Insurance

Consumers Weigh in on AI Use in Severe Weather Insurance

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.
January 21, 2025 Insurance Industry Property Risk Management Technology Connecticut

Cyber Insurance Growth Set to Continue Amid Evolving Threat Landscape

Cyber Insurance Growth Set to Continue Amid Evolving Threat Landscape

As cyber risks grow more complex, the insurance market is evolving with higher limits, new coverage options, and reinsurance strategies to meet increasing demand.
January 20, 2025 Insurance Industry Risk Management Technology

General Motors Agrees to FTC Settlement Over Driver Data Privacy Issues

General Motors Agrees to FTC Settlement Over Driver Data Privacy Issues

General Motors will be restricted from collecting and sharing driver data for five years following an FTC settlement addressing claims of undisclosed data sales to third parties.
January 20, 2025 Legislation & Regulation Litigation Risk Management Technology Texas
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