Vehicle Thefts Drop to Historic Low in 2024

The U.S. saw fewer than one million vehicle thefts in 2024—a 16.7% drop from 2023 and the biggest decline in four decades, with Kia and Hyundai models leading theft stats.
April 23 Auto Fraud Property Risk Management

How Certificates of Insurance Help Fight Freight Fraud in the Supply Chain

Freight fraud is rising, costing companies millions. Requiring and verifying certificates of insurance is proving vital for reducing risk and increasing trust across the supply chain.
April 23 Fraud Insurance Industry Risk Management Technology Iowa Nevada

Insurance Brokerage Executive Admits Role in $133M ACA Fraud Scheme Targeting Federal Subsidies

A Florida insurance executive admitted to orchestrating a $133 million scheme involving fraudulent ACA enrollments to collect commissions from taxpayer-funded health plan subsidies.
April 23 Fraud Insurance Industry Legislation & Regulation Life & Health Florida

Two Pennsylvania Women Charged with Filing False Insurance Claims After Alleged Fake Hit-and-Run

Authorities allege two women from eastern Pennsylvania fabricated a hit-and-run accident in Hanover to file fraudulent insurance claims worth $30,000.
April 23 Fraud Insurance Industry Liability Litigation Pennsylvania Virginia

New Jersey Wildfire Grows to 8,500 Acres as Evacuations and Power Outages Mount

The Jones Road Wildfire near Toms River has burned 8,500 acres with less than 10% containment, prompting evacuations and threatening over 1,000 structures in Ocean County, New Jersey.
April 23 Catastrophe Insurance Industry Property Risk Management New Jersey

FBI Reports Global Cybercrime Losses Surpass $16 Billion in 2024

Cybercrime cost victims over $16 billion last year, driven by online scams like phishing and tech support fraud, with most complaints originating from the U.S.
April 23 Fraud Insurance Industry Risk Management Technology

Neutral Pacific Waters Signal Potential Spike in Atlantic Hurricanes

With La Niña officially over and El Niño unlikely, the Atlantic may face an active hurricane season as neutral Pacific conditions remove key storm barriers.
April 21 Catastrophe Insurance Industry Property Risk Management Alabama Florida Louisiana Mississippi Texas

New York Court Blocks City’s Attempt to Recoup Firefighter Injury Payments After Retirement

A New York court has ruled that post-retirement pension supplements paid to an injured firefighter are not subject to reimbursement under workers’ compensation laws.
April 21 Liability Litigation Risk Management Workers' Compensation New York

Reimagining Claims with AI: A Practical Path from Manual to Autonomous Workflows

Insurance leaders are stepping into a new claims era—where AI-driven coworkers transform workflows, elevate adjuster roles, and future-proof operations through autonomy.
April 21 Education & Training Insurance Industry Risk Management Technology

Illinois Supreme Court to Decide If Permitted Emissions Fall Under Pollution Exclusion in Insurance Dispute

The Seventh Circuit certified a key insurance question to the Illinois Supreme Court: Do emissions allowed by state permit trigger pollution exclusions in CGL policies?
April 21 Insurance Industry Liability Litigation Illinois

How Agentic AI Is Transforming Insurance and Financial Services with Next Best Action Technology

Agentic AI is reshaping insurance and financial services by empowering digital coworkers to drive timely, compliant, and actionable decisions at scale.
April 18 Property Risk Management Technology California

Homeowners Crowdsource Toxic Smoke Data After Eaton Fire Insurance Disputes

After insurers refused to pay for contamination testing, Eaton Fire survivors shared private test results online, exposing widespread toxic exposure and coverage gaps.
April 18 Catastrophe Insurance Industry Legislation & Regulation Property California

How Digital Payments Are Reshaping the Insurance Claims Experience

The insurance industry is navigating complex challenges to digitize payments, improve claims satisfaction, and meet the rising expectations of policyholders and vendors.
April 18 Auto Insurance Industry Technology Workers' Compensation

Lemonade Data Breach Linked to Auto Insurance Quoting System Flaw

A technical glitch in Lemonade’s auto quote system led to the exposure of nearly 190,000 driver’s license numbers, highlighting cybersecurity risks in digital insurance platforms.
April 18 Auto Insurance Industry Legislation & Regulation Technology New York

Texas Widow Working Two Jobs Says Former Insurance Agent Took $9K in Premium Payments

A Friendswood, Texas woman says she lost nearly $9,000 after paying premiums via Venmo to a former insurance agent who had already surrendered his license.
April 18 Auto Fraud Insurance Industry Property Texas

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