Business email compromise accounted for more than $3 billion in reported losses in 2025, while Alaska recorded the highest rate of reported cybercrime incidents relative to its business population.
Federal prosecutors say Kevin Kolenda collected premiums for prize coverage but used aliases, a nonexistent claims department and other tactics to avoid paying claims when contestants won insured prizes.
A Washington appeals court ruled that disputed questions involving contractor performance, workmanship, and payment generally cannot be resolved through the state’s expedited construction lien procedure.
Multiple fast-moving wildfires remain 0% contained as evacuations continue across the Spokane region. Claims adjusters should prepare for significant residential, commercial, and infrastructure losses as damage assessments begin.
A new PEMCO survey shows many homeowners overestimate fire risk while underestimating costly water damage, creating opportunities for insurers and agents to promote leak detection technology during policy renewals.
A federal court ordered four Washington restaurants to pay $750,000 in back wages and damages to 42 workers after a U.S. Department of Labor investigation found overtime, minimum wage, child labor, and retaliation violations.
Deadly incidents in Washington and California are drawing attention to chemical storage inspections, emergency planning, and the risks tied to aging industrial tanks. Regulators and safety experts say maintenance failures can quickly escalate into major claims events.
A ruling tied to a $5M settlement and discovery failures restricts insurers from pursuing assigned malpractice claims against defense counsel under reservation of rights.
A Spokane Valley landlord alleges repeated adjuster turnover and underpayment left a rental property uninhabitable for months and triggered lien filings and litigation.
New claims data shows freeze-related water losses remain a major severity driver, with average payments exceeding $30,000 and repairs stretching for months.
High Noon is recalling vodka seltzers mistakenly labeled as Celsius energy drinks, leading to a risk of accidental alcohol consumption. No illnesses have been reported.
In response to rising traffic deaths, several U.S. states are advancing legislation requiring speed-limiting devices in vehicles driven by repeat offenders or high-risk drivers.
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.
Two Estonian men have pleaded guilty to running a $577 million cryptocurrency Ponzi scheme that defrauded hundreds of thousands worldwide. They now face up to 20 years in prison.
The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.