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

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

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

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

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

Dog Bite Claims on the Rise as Insurers Tighten Homeowners Coverage

Dog bites led to $1.57 billion in homeowners liability claims in 2024 as insurers reassess coverage, with states like California and New York topping the list for cost and volume.
April 18 Insurance Industry Legislation & Regulation Liability Property

Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim

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.
April 18 Fraud Insurance Industry Litigation Property Washington

How Agentic AI is Transforming Property Claims and Empowering Adjusters with Digital Coworkers

Agentic AI agents are reshaping property claims handling by helping adjusters automate routine tasks, reduce cycle times, and focus on customer-centric problem-solving.
April 15 Catastrophe Insurance Industry Property Technology

How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide

As natural catastrophe and extreme weather losses escalate globally, insurers, developers, and financiers must rethink risk management to keep renewable energy projects insurable and bankable.
April 15 Catastrophe Insurance Industry Property Risk Management

Liberty Mutual Fined $300,000 in Delaware Over False Insurance Discount Ads

Delaware regulators fined three Liberty Mutual companies $300,000 for advertising homeowners and auto insurance discounts not available to policyholders in the state.
April 15 Auto Legislation & Regulation Litigation Property Delaware

Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding

Buffalo Trace Distillery in Kentucky is cleaning up and inspecting barrels after severe flooding, with plans to resume bottling and reopen its visitor center soon.
April 15 Catastrophe Insurance Industry Property Risk Management Kentucky

Why Climate Resilience Requires Both Parametric and Traditional Insurance Solutions

As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.
April 15 Catastrophe Insurance Industry Property Technology California Florida Louisiana Mississippi

AI Weather Models Bring Hyper-Local Flood Forecasting to Insurance Industry

Advances in AI-powered weather models are helping insurers create hyper-local flood forecasts, allowing faster warnings and reducing risk from extreme weather events.
April 14 Catastrophe Property Risk Management Technology

Climate Change and Supply Chain Disruptions Are Reshaping Business Interruption Insurance

As climate risks intensify and supply chain uncertainty grows, insurers and businesses are rethinking business interruption coverage and the risks of underreporting exposures.
April 14 Catastrophe Property Risk Management

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