Insurance Company Targets 180 Health Care Providers in $450M Fraud Lawsuit

American Transit Insurance Co. has filed a $450 million lawsuit against over 180 healthcare providers under the RICO Act, alleging no-fault insurance fraud, kickbacks, and overbilling in New York.
December 26, 2024 Fraud Insurance Industry Legislation & Regulation Litigation New York

Three Years After Marshall Fire: Hidden Health Risks in Smoke-Damaged Homes

Even homes that escaped flames during the Marshall Fire may harbor harmful chemicals from wildfire smoke, posing long-term health risks for residents.
December 26, 2024 Catastrophe Life & Health Property Risk Management Colorado

Are Design Professionals Liable for Nuisance? A Growing Debate in Construction Law

As nuisance claims against design professionals rise, courts emphasize the essential role of control in determining liability, often redirecting such claims to professional negligence.
December 26, 2024 Legislation & Regulation Liability Litigation Risk Management Georgia

Oregon Lawmakers Seek Utility Rate Freeze for Ongoing Wildfire Lawsuits

Oregon lawmakers plan to introduce legislation preventing utility rate hikes while lawsuits related to the 2020 wildfires remain unresolved, targeting accountability for PacifiCorp.
December 26, 2024 Catastrophe Legislation & Regulation Litigation Risk Management Oregon

Catastrophe Bonds Drive Market Growth to Record $50 Billion

Catastrophe bonds reached a record $17.7 billion in issuance for 2024, as insurers turn to private investors to manage growing climate-related risks and rising rebuilding costs.
December 26, 2024 Catastrophe Insurance Industry Property Risk Management Florida

AI and Telematics Transform Auto Insurance with Real-Time Insights

Artificial intelligence and telematics are reshaping auto insurance by enabling dynamic, behavior-based premiums, improving road safety, and enhancing customer experiences.
December 26, 2024 Auto Risk Management Technology

California Faces Torrential Rains, Tornado Warnings, and Fires Amid Severe Weather Events

Northern California grapples with flooding and tornadoes, while Southern California battles wildfires and heat in an unprecedented stretch of extreme weather linked to La Niña and climate change.
December 26, 2024 Catastrophe Insurance Industry Property Risk Management California

Is 3D Printing Transforming Construction?

Innovative 3D printing technology is reshaping residential and commercial construction, offering faster, cost-effective, and sustainable solutions to address the housing shortage.
December 26, 2024 Litigation Property Risk Management Technology Florida Nevada Tennessee Texas

Boy Faces Open Heart Surgery After Drone Strikes During Orlando Holiday Event

A 7-year-old boy is recovering from open-heart surgery after being struck by a drone during a holiday show at Lake Eola in Orlando, prompting an FAA investigation into the incident.
December 23, 2024 Legislation & Regulation Liability Risk Management Technology Florida

US Watchdog Targets Major Banks Over Alleged Fraud on Zelle Payment App

The Consumer Financial Protection Bureau has sued JPMorgan Chase, Bank of America, and Wells Fargo, alleging insufficient protections against fraud on the Zelle payment platform, impacting consumers nationwide.
December 20, 2024 Fraud Legislation & Regulation Litigation Technology

Chicago Restaurant Group to Pay $125K in Back Wages for Overtime Violations

A family-operated restaurant group in Chicago must pay $125,000 in overtime back wages and damages to 53 employees following a Department of Labor investigation and court order.
December 20, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Illinois

South Florida Buildings Face Risks from Coastal Subsidence Hotspots

Recent satellite studies reveal ground sinking up to 8 cm in parts of Miami Beach, Sunny Isles Beach, and Surfside, potentially impacting structural stability of buildings.
December 19, 2024 Legislation & Regulation Property Risk Management Technology Florida

Amazon Braces for Strike Threats During Peak Holiday Season

Teamsters union members in multiple cities threaten a pre-Christmas strike, pressuring Amazon to negotiate amid labor disputes over unionization and workplace rights.
December 19, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Alabama California Georgia Illinois New York

How Artificial Intelligence is Transforming Workers’ Compensation

Artificial intelligence is reshaping workers’ compensation by improving fraud detection, streamlining claims processes, and enhancing injury prevention—but ethical implementation is key.
December 19, 2024 Fraud Risk Management Technology Workers' Compensation

CVS Faces Federal Lawsuit Over Alleged Opioid Dispensing Missteps

The DOJ alleges CVS pharmacies knowingly dispensed opioids unsafely, ignoring red flags and understaffing stores, as part of a whistleblower suit under the False Claims Act.
December 19, 2024 Fraud Legislation & Regulation Litigation Risk Management Rhode Island Tennessee Texas
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