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Million-Dollar Health Claims Spike as Employers Struggle with Soaring Costs

Million-Dollar Health Claims Spike as Employers Struggle with Soaring Costs

A 29% rise in million-dollar medical claims over the past year is squeezing self-funded employers, with cancer remaining the top cost driver, Sun Life's data reveals.
June 10, 2025 Insurance Industry Life & Health Risk Management Workers' Compensation

Former Prosecutor Wins $3 Million Jury Award After Retaliation Allegations in California

Former Prosecutor Wins $3 Million Jury Award After Retaliation Allegations in California

A California jury awarded $3 million to former prosecutor Tracy Miller, who said she was forced from her role after defending colleagues reporting sexual harassment.
June 9, 2025 Insurance Industry Legislation & Regulation Liability Litigation California

Homeowners Take Legal Action Against USAA and AAA Insurers Over Los Angeles Wildfire Coverage Disputes

Homeowners Take Legal Action Against USAA and AAA Insurers Over Los Angeles Wildfire Coverage Disputes

Lawsuits filed in Los Angeles County accuse USAA and AAA-affiliated insurers of underinsuring homes damaged in the January 7 wildfires, leaving policyholders unable to rebuild.
June 9, 2025 Catastrophe Insurance Industry Litigation Property California

Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat

Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat

Researchers are diving into hailstorms across Texas, Oklahoma, and Kansas to better understand one of the U.S.'s costliest but most overlooked weather risks.
June 9, 2025 Catastrophe Insurance Industry Property Risk Management Colorado Kansas New Mexico Oklahoma Texas

Colorado Advances Wildfire Insurance with Predictive Tech Models

Colorado Advances Wildfire Insurance with Predictive Tech Models

Starting July 2026, Colorado will let insurers use advanced risk models for wildfire coverage, aiming to price policies more accurately amid rising climate threats.
June 9, 2025 Catastrophe Legislation & Regulation Property Technology California Colorado

How Georgia Can Tackle Rising Insurance Premiums and Loss Ratios

How Georgia Can Tackle Rising Insurance Premiums and Loss Ratios

Georgia homeowners face surging premiums after back-to-back hurricanes. Lawmakers and insurers are exploring solutions to stabilize the market and protect consumers.
June 9, 2025 Catastrophe Legislation & Regulation Property Risk Management Alabama Arkansas Florida Georgia Louisiana

Chinese Cyberattacks and User Mistakes Spark Growing Mobile Security Emergency

Chinese Cyberattacks and User Mistakes Spark Growing Mobile Security Emergency

U.S. investigators warn that Chinese cyberattacks and user carelessness are turning smartphones into national security risks, exposing sensitive data and infrastructure.
June 9, 2025 Insurance Industry Legislation & Regulation Risk Management Technology Illinois Michigan

Lawsuit Against Nationwide Challenges Mass Pet Insurance Cancellations

Lawsuit Against Nationwide Challenges Mass Pet Insurance Cancellations

Nationwide faces legal backlash after canceling 100,000 pet insurance policies, with allegations of broken promises and a growing debate over ethics and contract law.
June 9, 2025 Insurance Industry Life & Health Litigation Risk Management

Severe Storms in US and Europe Trigger Massive Insured Losses

Severe Storms in US and Europe Trigger Massive Insured Losses

Severe storms across the US and Europe from late May to early June caused extensive hail, flood, and wind damage, with insured losses reaching into the billions.
June 9, 2025 Catastrophe Insurance Industry Property Risk Management Illinois Iowa Kansas Missouri Texas

Philadelphia Transit Lot Fire Destroys 40 Decommissioned Buses

Philadelphia Transit Lot Fire Destroys 40 Decommissioned Buses

A fire at a SEPTA bus lot in Philadelphia destroyed 40 decommissioned vehicles but caused no injuries or disruptions to commuter service, officials said.
June 9, 2025 Catastrophe Insurance Industry Property Risk Management Pennsylvania

Food Delivery Giants Resolve Legal Fight Over NYC Wage and Fee Laws

Food Delivery Giants Resolve Legal Fight Over NYC Wage and Fee Laws

DoorDash, Grubhub, and Uber Eats settled lawsuits over New York City laws boosting delivery worker pay and capping restaurant fees, paving the way for legal revisions.
June 9, 2025 Insurance Industry Legislation & Regulation Risk Management Workers' Compensation New York

Florida Property Insurers Return to Profit in 2024 After Eight-Year Losing Streak

Florida Property Insurers Return to Profit in 2024 After Eight-Year Losing Streak

Following legislative reforms and shifting market dynamics, Florida's personal property insurers posted underwriting profits in 2024 for the first time in nearly a decade.
June 4, 2025 Catastrophe Insurance Industry Legislation & Regulation Property Florida

Illinois Doctor Faces Sentencing for Defrauding Medicaid and Insurance Providers

Illinois Doctor Faces Sentencing for Defrauding Medicaid and Insurance Providers

Dr. Mona Ghosh, a suburban Chicago physician, awaits sentencing after pleading guilty to submitting $1.5 million in false insurance and Medicaid claims.
June 4, 2025 Fraud Insurance Industry Life & Health Litigation Illinois

Long COVID Drives Most Workers’ Comp COVID Costs in California

Long COVID Drives Most Workers’ Comp COVID Costs in California

A new study reveals that although Long COVID made up just 4.7% of California workers' comp COVID claims, it accounted for nearly three-quarters of total claim costs from 2020 to 2022.
June 4, 2025 Insurance Industry Life & Health Risk Management Workers' Compensation California

Investigators Say Central California Carjacking Was Staged as Insurance Fraud

Investigators Say Central California Carjacking Was Staged as Insurance Fraud

A reported van theft involving $60,000 in merchandise near Madera, California was revealed to be a staged event for insurance money, authorities say.
June 4, 2025 Auto Fraud Insurance Industry Property California
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