A consolidated federal lawsuit over Meta smart glasses combines wiretap, privacy and product defect allegations, raising questions about cyber, CGL and products coverage.
Mark Frisbie admitted to concealing agricultural sales in federal crop insurance claims and agreed to pay more than $3.25 million in restitution tied to insurance and agricultural assistance fraud.
An Intact affiliate alleges a former account executive accessed its customer database after termination and used confidential information to solicit business for a competitor.
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.
A federal class-action lawsuit challenges investment practices and financial disclosures at insurance companies connected to the billionaire behind Cadillac's Formula 1 team.
Verisk estimates U.S. natural catastrophes account for $117 billion of the industry's modeled annual insured losses, while extreme scenarios could push global losses well beyond $400 billion.
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.
Recent surf damage in Southern California exposed significant flood insurance gaps as forecasters warn that El Niño could push coastal water levels higher this fall and winter.
Utah insurers declined to renew 4.45% of homeowners policies in 2025, putting the state ahead of California as wildfire exposure and underwriting restrictions reshape property insurance availability.
Prosecutors allege a Suffolk County asbestos removal company understated its workforce, payroll and job hazards when obtaining workers’ compensation insurance, resulting in more than $163,000 in unpaid premiums.
A national survey found broad consumer support for insurance professionals using AI, but only 6% of respondents would rely on AI alone during an accident, storm or significant claim.
AI-powered document intelligence can help adjusters search medical records, estimates, reports and correspondence while preserving a direct path to the underlying source documents.
McKinsey’s survey of 5,500 farmers finds extreme weather is a leading threat to farm profits in several markets, while growers facing tighter margins are delaying purchases and adopting AI for day-to-day decisions.
Four contractors are accused of submitting fraudulent workers’ compensation insurance records while seeking Nassau County home improvement licenses. Separate labor enforcement cases have returned nearly $650,000 to 138 workers this year.
Congress is moving toward extending the federal terrorism insurance program through 2034, but certification requirements, cyber risks and exclusions in underlying policies could still determine whether losses are covered after an attack.