Article

Exaggerated workers’ compensation claims continue to cause trouble for businesses across the U.S., leading to higher costs and disruptions. Mike Lopez, a managing partner at Liberty Company Insurance Brokers and expert in workers’ compensation, has witnessed firsthand how these claims can hurt companies. Lopez explains that some employees may overstate their injuries to get more … Read more

Florida is on the verge of requiring mediation in all disputed property insurance claims before any lawsuits can be filed. This change comes after the state Senate approved Senate Bill 108, which aims to settle disputes without immediate court involvement. Sponsored by Senator Polsky, the bill targets property insurance claims under personal lines and commercial … Read more

Homeowners across the country have seen their insurance rates rise recently, but it’s not because companies are trying to make extra profit. In fact, since 2017, the homeowners insurance market has been profitable only once—and by a very slim margin. Most years, insurance companies have actually lost money. So, why do premiums keep going up? … Read more

When the big tax overhaul signed into law on July 4 rolled out, one notable change that didn’t make the cut was a tax hike on third-party litigation funders. These companies put money into lawsuits and, in return, get a share of any settlement or judgment. The plan was to tax their profits at nearly … Read more

A professional blogger recently shared a cautionary story about the risks of using so-called "royalty-free" images online after facing two very different copyright-related challenges in 2024. The incidents highlight how tricky it can be to avoid problems even when you believe you are doing everything right. The first warning came in March when the blogger … Read more

W.R. Berkley Corp., a commercial insurer based in Greenwich, Connecticut, reported a solid rise in profits for the second quarter of 2025. The company’s net income grew by nearly 8%, reaching approximately $401.3 million, up from $371.9 million during the same period last year. Despite facing $99.2 million in catastrophe losses between April and June, … Read more

A major legal battle is unfolding in Florida, where GEICO and its affiliates have accused a group of medical providers of running a large scheme to submit fraudulent insurance claims. The dispute centers on personal injury protection (PIP) coverage, with GEICO alleging that these clinics and individuals filed thousands of false claims to collect millions … Read more

At Applied Net 2025, Kathy Hrach, senior vice president of product management at Ivans, shared how her company is helping insurance agencies and carriers work better together. Ivans has been key in connecting property and casualty (P&C) carriers with independent agencies across the US, making it easier to share information and improve service. Hrach explained … Read more

The insurance industry is going through big changes thanks to artificial intelligence (AI), and experts say this shift offers real chances for growth, especially for women in leadership roles. Chris Reese, vice president of product for professional liability and cyber at Zurich North America, sees this time as more opportunity than threat. Reese highlights that … Read more

Washington Insurance Commissioner Patty Kuderer held the first meeting of the state’s new Artificial Intelligence Advisory Board in Seattle. The group’s goal is to explore how AI is being used in the insurance world and to offer ideas on creating rules, keeping an eye on developments, and helping consumers understand the technology. At the kickoff … Read more