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This story is the final part of a five-part series for the Insurance Industry Charitable Foundation (IICF) Week of Giving.

At-Bay dives into the claims data to uncover ways organizations can enhance data backup strategies.

According to IBM, the average cost of a data breach in the U.S. is $9.44 million.

Having accurate, up-to-date geolocation data is more critical than ever as property risk shifts to reflect a changing climate.

Insurers still using legacy systems could be more exposed to growing cyberthreats, Earnix noted in its 2023 industry trends report.

Review the difference between fast and slow high-cost claims and how the pace at which a claim unrolls impacts loss costs.

The company's office manager is also accused of multiple felonies for her role in the scheme.

The adjuster is alleged to have made more than 1,200 bogus payments to 326 co-conspirators. More arrests are expected.