Wake claims are on the rise.
Many of these claims are caused by boats being slammed into their docks from the wake of a passing boat. Extra fenders and proper docklines can often prevent hull damage in areas with large wakes. Mooring whips are another solution.
Other wake claims come from boats that are rafted together and a large wake causes them to crash into each other. While extra fenders may help, it's best to simply avoid rafting in places with lots of boat traffic.
While not technically a wake claim, the most serious incidents from wake come from injuries to passengers who get thrown around.
Bow-rider boats tend to have the most injuries because anyone sitting in the bow seats is more likely to get tossed up (and land hard).
In conditions with lots of wake, keep passengers farther aft to minimize the chance for injuries, and let your crew know if you're about to cross a large wake so they can hold on.
If you happen to be the boat creating wakes, you should know that under the law, damage caused by your wake is treated exactly the same way as damage caused by a physical fiberglass-crunching collision.