Homeowners Face Triple Disaster Risks and Insurance Gaps
Over 33,000 U.S. homes face extreme risks from three natural disasters, exposing gaps in insurance coverage and highlighting the urgent need for multi-peril resilience planning.
December 3
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Texas
Washington
Missouri Farmer Featured on Reality TV Show Pleads Guilty to Multi-Million-Dollar Crop Insurance Fraud
A Missouri farmer, known for his role in a reality TV series, has pleaded guilty to a multi-million-dollar crop insurance fraud scheme involving falsified federal benefit claims.
December 3
Fraud
Insurance Industry
Litigation
Missouri
Annual Claim Department Review: 13 Areas to Strengthen Operations
An annual operational review of claims departments is essential to improve efficiency, ensure compliance, and deliver exceptional customer service in an evolving insurance industry.
December 3
Insurance Industry
Risk Management
Technology
North Carolina Woman Charged with Filing False Insurance Claim
A Greensboro woman faces charges for allegedly filing a $49,000 claim for pre-existing damage to her late mother’s home, using her mother’s identity to obtain the policy.
December 3
Fraud
Insurance Industry
Litigation
Property
North Carolina
Beckett Grading’s Decline Deepens as Fraud Scandal Weighs Heavy
Beckett Grading Services faces a steep drop in card grading activity as its owner’s $2 billion insurance fraud conviction compounds ongoing struggles in the competitive market.
December 3
Fraud
Insurance Industry
Litigation
Risk Management
Federal Prosecutors Target Alleged $10 Million No-Fault Insurance Fraud Scheme
Federal prosecutors have indicted three individuals in connection with an alleged $10 million no-fault auto insurance fraud operation, with ties to a firm linked to former NYC official Frank Carone.
December 3
Auto
Fraud
Legislation & Regulation
Litigation
New York
Oklahoma Employer Ordered to Pay $72,000 for Misclassifying Retail Workers and Denying Overtime
An Oklahoma employer must pay $72,000 in back wages and damages after misusing an agricultural exemption to avoid paying overtime to 20 retail employees across multiple locations.
December 3
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Missouri
Oklahoma
Texas
Ohio Manufacturer Faces OSHA Penalties After Worker Injured by Unprotected Machine
A Portsmouth-based hardwood floor manufacturer faces $255,528 in OSHA fines following a partial arm amputation injury and repeated safety violations at two facilities.
December 3
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Ohio
CDC Declares E. Coli Outbreak Linked to McDonald’s Burgers Over
The CDC has concluded its investigation into an E. coli O157:H7 outbreak traced to McDonald’s Quarter Pounder burgers, which sickened 104 people in 14 states and led to one fatality.
December 3
Legislation & Regulation
Litigation
Risk Management
Legal System Abuse: The New Name Driving Insurance Industry Reform
Insurance leaders at Triple-I’s 2024 Joint Industry Forum rebrand "social inflation" as "legal system abuse" to improve communication and drive legal reform for cost control.
December 3
Fraud
Legislation & Regulation
Litigation
Risk Management
Florida
Georgia
Kansas
Louisiana
Washington
Commercial Insurance Market Holds Steady Amid Pricing, Underwriting Gains
Strong underwriting and moderate pricing gains sustain profitability in U.S. commercial insurance, despite pressures from casualty claims, social inflation, and evolving liabilities.
December 3
Liability
Property
Risk Management
Technology
Insurance Faces Data Challenges in Climate Risk Planning
Fragmented data sources and limited integration are stalling the insurance industry’s ability to address climate risks, experts emphasize at the Global Insurance Forum.
December 2
Catastrophe
Legislation & Regulation
Risk Management
Technology
Florida
The Changing Role of Source Code Escrows in Cloud-Driven Insurance IT
As cloud computing reshapes IT operations, the traditional value of source code escrows is diminishing, prompting insurance CIOs to rethink business continuity and vendor risk strategies.
December 2
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Shoplifting Operation Stole $2M in Goods, Resold in New York and Abroad
A shoplifting ring that stole $2 million in high-end goods across several states was dismantled, with stolen items resold online and in the Dominican Republic. New laws are being enforced to tackle organized retail theft.
December 2
Fraud
Legislation & Regulation
Liability
Risk Management
New Jersey
New York
AI Tool Creates Accurate Satellite Images Predicting Floods
MIT researchers combine generative AI and physics models to create realistic satellite images of future floods, enhancing readiness and emergency planning.
December 2
Catastrophe
Insurance Industry
Risk Management
Technology
Texas
Recent Claims News
Fraud
Insurance Industry
Litigation
Insurance Industry
Risk Management
Technology
Recent Provider Listings
Serving Chambersburg & Surrounding Areas
Pennsylvania
Gutters & Downspouts
Home Improvements
Overspray Removal
Nationwide
Arizona
California
Colorado
Language Services, Translators & Interpreters