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Retired Fire Captain Arrested for Alleged Insurance Fraud

Retired Fire Captain Arrested for Alleged Insurance Fraud

A retired fire captain from Davie, Florida, faces charges of insurance fraud and criminal use of personal identification for allegedly submitting falsified lodging invoices related to a 2022 insurance claim.
June 12, 2024 Fraud Insurance Industry Liability Litigation Florida

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights

Swiss Re's 2024 SONAR report identifies 16 emerging risks, highlighting the compounding effects of natural disasters on critical infrastructure, supply chains, and healthcare systems, stressing the need for increased resilience and investment.
June 12, 2024 Catastrophe Life & Health Property Risk Management California Texas

Trust Ranks Highest in Auto Insurance Customer Satisfaction as Prices Surge

Trust Ranks Highest in Auto Insurance Customer Satisfaction as Prices Surge

With U.S. auto insurance rates surging by 11.2% over the past year, customer trust emerges as a key factor in maintaining satisfaction, according to J.D. Power's 2024 U.S. Auto Insurance Study.
June 12, 2024 Auto Insurance Industry Risk Management Florida

CityMD Settles $12 Million Allegations Over False Claims for COVID-19 Testing

CityMD Settles $12 Million Allegations Over False Claims for COVID-19 Testing

CityMD settles allegations of submitting false claims for COVID-19 testing to a federal program for uninsured patients, paying $12.04 million to resolve the issue.
June 11, 2024 Fraud Legislation & Regulation Life & Health Litigation New Jersey New York

Whole Worker Approach Revolutionizes Claims and Recovery

Whole Worker Approach Revolutionizes Claims and Recovery

The Whole Worker model centers on the injured worker's emotional well-being, reducing anxiety and improving recovery outcomes through continuous care and telemedicine.
June 11, 2024 Insurance Industry Life & Health Risk Management Technology Workers' Compensation

Texas Supreme Court Dismisses Stonewater Roofing’s Claims Against Insurance Regulations

Texas Supreme Court Dismisses Stonewater Roofing’s Claims Against Insurance Regulations

The Texas Supreme Court dismissed Stonewater Roofing's constitutional claims challenging state regulations requiring licensing for public insurance adjusters, upholding the Texas Department of Insurance's motion.
June 11, 2024 Insurance Industry Legislation & Regulation Litigation Risk Management Texas

Tesla’s False Advertising Case on Self-Driving Tech to Go to Trial

Tesla’s False Advertising Case on Self-Driving Tech to Go to Trial

A California judge rules that Tesla must face trial over accusations of false advertising related to its self-driving technology, following investigations and failed attempts to dismiss the case.
June 11, 2024 Fraud Legislation & Regulation Litigation Technology California

Preparing for an Active 2024 Hurricane Season

Preparing for an Active 2024 Hurricane Season

The 2024 Atlantic hurricane season is expected to be highly active, with forecasts predicting an increased number of storms and hurricanes. Businesses and residents in vulnerable areas must prioritize preparedness to mitigate potential impacts.
June 11, 2024 Catastrophe Insurance Industry Property Risk Management California Florida

Strategies for Managing Increasing Terrorism Threats

Strategies for Managing Increasing Terrorism Threats

Understanding the growing threat of terrorism and its impact on businesses is crucial for developing comprehensive strategies to ensure stability, resilience, and security in today's complex global landscape.
June 11, 2024 Insurance Industry Property Risk Management

Crisis Unfolds in Minnesota’s Long-Term Care Insurance Industry

Crisis Unfolds in Minnesota’s Long-Term Care Insurance Industry

Minnesota's long-term care insurance industry faces a crisis with soaring premiums, denied benefits, and delayed payments as more senior citizens begin to tap into their insurance benefits.
June 10, 2024 Insurance Industry Legislation & Regulation Life & Health Risk Management Minnesota

Bull Jumps Fence at Oregon Rodeo, Injuring Three

Bull Jumps Fence at Oregon Rodeo, Injuring Three

A bull escaped its enclosure at the Sisters Rodeo, injuring three people, including a Deschutes County sergeant, before being recaptured by rodeo professionals.
June 10, 2024 Catastrophe Insurance Industry Liability Risk Management Oregon

USPS National Dog Bite Awareness Campaign Highlights Rising Incidents

USPS National Dog Bite Awareness Campaign Highlights Rising Incidents

The USPS concluded its 2024 National Dog Bite Awareness Campaign amid a rise in dog attacks on postal workers, emphasizing safe mail delivery and responsible pet ownership.
June 10, 2024 Education & Training Insurance Industry Risk Management Weird California Florida Illinois Michigan Missouri

Massachusetts Psychiatrist Sentenced to Prison for $19 Million Insurance Fraud Scheme

Massachusetts Psychiatrist Sentenced to Prison for $19 Million Insurance Fraud Scheme

Gustavo Kinrys, a psychiatrist from Wellesley, Massachusetts, sentenced to 99 months in prison for a $19 million insurance fraud scheme used to finance luxury homes and purchase over $600,000 in high-end jewelry.
June 10, 2024 Fraud Insurance Industry Life & Health Litigation Massachusetts

U.S. Auto Insurance Rebounds in 2024, Homeowners’ Sector Faces Continued Challenges

U.S. Auto Insurance Rebounds in 2024, Homeowners’ Sector Faces Continued Challenges

The U.S. personal insurance sector is set for improved performance in 2024, with the auto segment showing signs of recovery while homeowners' insurance continues to grapple with volatility from natural catastrophes and rising costs.
June 10, 2024 Auto Insurance Industry Property Risk Management

Emerging Insurance Market: Psychedelics Industry Presents New Opportunities

Emerging Insurance Market: Psychedelics Industry Presents New Opportunities

As the field of alternative therapeutics advances, the burgeoning psychedelics industry is becoming a lucrative market for insurance, offering significant opportunities for brokers and insurers.
June 10, 2024 Insurance Industry Life & Health Risk Management Technology
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