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
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
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
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
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
Florida Art Dealer Accused of Selling Fake Warhols in Alleged $240K Fraud Scheme
Two South Florida men face federal charges for allegedly conspiring to sell forged Andy Warhol artwork using fake invoices and fraudulent authentication documents.
April 14
Fraud
Insurance Industry
Litigation
Risk Management
Florida
New York
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
Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict
Hackers breached Morocco’s social security database, leaking personal and financial data on Telegram amid rising cyber tensions between Morocco and Algeria.
April 14
Insurance Industry
Legislation & Regulation
Risk Management
Technology
States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns
States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Arizona
California
Georgia
Kansas
Massachusetts
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
