Contractor Charged for Defrauding Liberty Mutual of $9 Million in Insurance Premiums

Georgia contractor Jose Martinez faces charges for defrauding Liberty Mutual Insurance by underreporting payroll, impacting workers’ compensation premiums.
January 4, 2024 Fraud Insurance Industry Legislation & Regulation Workers' Compensation

Minnesota Woman Sues Dentist Over Extensive, Allegedly Harmful Dental Procedures

A Minnesota woman sues her dentist for alleged negligence, claiming extensive dental work in one visit led to disfigurement and health issues.
January 3, 2024 Liability Life & Health Litigation Risk Management Minnesota

McKinsey Agrees to $78 Million Settlement in Prescription Opioid Crisis

McKinsey and Company will establish a $78 million fund to reimburse insurers and others for costs related to the prescription opioid addiction crisis.
January 3, 2024 Insurance Industry Life & Health Risk Management

Court Upholds New York Fund’s Authority to Surcharge Noncash Tips for Black Car Drivers

A Second Circuit Court ruling supports the New York workers’ compensation fund’s authority to impose a surcharge on noncash tips for black car drivers.
January 3, 2024 Auto Insurance Industry Legislation & Regulation Workers' Compensation New York

January 1 Renewals Mark a Turnaround in Reinsurance Market Stability

The January 1 reinsurance renewal period exhibits stability and predictability, reflecting significant improvements in the property reinsurance sector.
January 3, 2024 Catastrophe Insurance Industry Property Risk Management

Revolutionizing Auto Insurance in the Era of New Vehicle Valuation Trends

Exploring the shift in vehicle valuation methods in auto insurance, highlighting the rise of SUVs and the impact of consumer preferences on risk management.
January 3, 2024 Auto Insurance Industry Risk Management Technology

The Evolving Dynamics of Pharmacy Use in Workers’ Compensation

Exploring the top five pharmacy trends in workers’ compensation for 2024, focusing on physician dispensing, mental health, opioids, long COVID, and inflation.
January 3, 2024 Legislation & Regulation Life & Health Risk Management Workers' Compensation Florida

Navigating the New Frontier in Cannabis Insurance and Legal Landscape

As cannabis markets grow, insurers and legal professionals explore challenges and opportunities in a dynamically evolving industry.
January 3, 2024 Legislation & Regulation Liability Risk Management Technology

Celebrating Insurance Innovation Leaders of 2023 in the Global Awards

Celebrating the achievements of AIA, PAK Insurance Programs, and Swiss Re as they lead the way in transforming the insurance industry through innovative solutions and strategies in 2023.
January 2, 2024 Catastrophe Life & Health Technology Underwriting

P&C Insurance in 2023: A Year to Forget, but a Stepping Stone to Future Success

Exploring the tumultuous journey of the P&C industry in 2023 and its potential path towards recovery and innovation in 2024, amidst global and economic uncertainties.
January 2, 2024 Auto Catastrophe Legislation & Regulation Technology Alabama California Florida Louisiana Mississippi

Navigating Unpredictable Futures: Key Predictions for Insurance in 2024 and Beyond

Exploring the evolving landscape of insurance in 2024, with a focus on technology, industry consolidation, and the impact of climate change on insurance strategies.
January 2, 2024 Auto Catastrophe Legislation & Regulation Technology

Allianz Report: Rising Liability Risks for Directors and Officers in 2024

Allianz Commercial’s latest report highlights heightened liability risks for board members and executives in 2024, including economic, geopolitical, technological, and ESG challenges.
January 2, 2024 Legislation & Regulation Liability Risk Management Technology

Aon’s Survey Reveals Increasing Business Volatility and Emerging Global Risks

Aon’s ninth edition of its Global Risk Management Survey highlights a more volatile and uncertain business landscape, with cybersecurity and economic challenges at the forefront.
December 29, 2023 Catastrophe Insurance Industry Risk Management Technology

BlendJet Recalls Millions of Portable Blenders Due to Safety Hazards

BlendJet issues a recall for 4.8 million portable blenders after reports of lacerations, burn injuries, and fire hazards, urging consumers to seek replacements.
December 29, 2023 Liability Risk Management

Chesapeake Energy and Contractors Faulted in Fatal 2020 Texas Oil Well Fire

A federal safety board investigation finds Chesapeake Energy and its contractors failed to implement crucial well control measures in a 2020 Texas oil well fire that resulted in three fatalities.
December 29, 2023 Catastrophe Legislation & Regulation Liability Risk Management Oklahoma Texas

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