insurance

Federal authorities have arrested Zhan Petrosyants, accusing him of running a massive no-fault auto insurance fraud ring that funneled tens of millions of dollars through fake medical claims and money laundering.

Farmers Insurance is set to make history with a bold move: over the next year, the company plans to welcome nearly 1,700 new agency owners—marking one of the biggest single-year growth surges in Farmers’ history.

A New Bedford, Massachusetts couple admitted in federal court in Boston yesterday that they carried out a scheme to cheat their own insurance clients—using their company, BL Insurance Brokerage, LLC, as the vehicle for the fraud.

A federal appeals court has made it clear: property insurers can factor depreciation into actual cash value—so long as the policy spells it out plainly.

Farmers Insurance has filed a lawsuit accusing a former Oklahoma agent of orchestrating a scheme to steer its policyholders to rival insurers—allegedly funneling business to an agency where his wife is employed.

Trade groups across the insurance industry are cheering a key policy shift from Fannie Mae and Freddie Mac on homeowners insurance requirements—one they say could meaningfully cut costs for both current homeowners and prospective buyers.

Neptune Flood has officially joined the growing lineup of insurance apps on ChatGPT, bringing its flood insurance tools directly into the AI-powered platform.

Catastrophes, resilience, automation, digital transformation, personalized claims experiences, evolving talent strategies, and operational flexibility—these are just some of the powerful forces already shaping this still-young year. Together, they’re redefining how the claims industry works and setting the stage for changes that demand attention.

A new report from S&P Global Market Intelligence reveals striking contrasts in the insurance industry’s 2025 performance.

The share of insurers planning to keep their workforce unchanged over the next 12 months has climbed to a 15-year high, signaling a clear shift toward stability in the industry. At the same time, only 7% of companies say they expect to cut jobs in 2026—suggesting that large-scale layoffs remain unlikely for now.