Risk Management

Every year, the United States faces an overwhelming financial challenge as fraudulent insurance claims soar past the $1.5 billion mark, hitting a staggering $1.74 billion in 2024, according to data from the Insurance Information Institute (III). This isn’t just a statistic—it’s a pervasive issue

In an era where technology reshapes every facet of business, the insurance industry stands at a pivotal crossroads, with data emerging as the transformative force propelling it into uncharted territory of innovation and customer connection. Far from being a mere operational byproduct, data has

In a landscape where commercial trucking forms the backbone of Canada’s economy, the persistent shadow of fraudulent practices has long threatened both road safety and insurance affordability, casting a heavy burden on law-abiding businesses and policyholders alike. The Canadian property and

The specialty insurance market is emerging as a crucial safeguard in an era where traditional policies fall short against the backdrop of increasingly complex and unique risks facing businesses and individuals today. From disruptions in global supply chains to the devastating impacts of

In a legal showdown that has sent ripples through the insurance sector, GEICO Group insurers are embroiled in a federal lawsuit brought by the Municipal Association of South Carolina, with claims of unpaid municipal business license taxes and penalties amounting to a staggering $69.7 million. This

In the vast, arid landscapes of the Western United States, wildfires have become an ever-looming threat, destroying thousands of homes and causing billions in damages each year. The recent Los Angeles wildfires, which razed over 57,000 acres and obliterated more than 18,000 structures, serve as a