In a landmark settlement, more than 1,200 construction workers in Washington D.C. will receive restitution for lost compensation and sick leave, marking the largest workers’ rights deal in the city’s history.
A Galveston County, Texas man is charged with felony criminal mischief for allegedly damaging a roof to file a fraudulent storm damage insurance claim, authorities report.
An Alabama woman faces charges for allegedly defrauding insurance companies, a local community college, and businesses of approximately $77,000, according to a Houston County Grand Jury indictment.
The Park Fire in Northern California has grown to over 383,000 acres, making it the fifth-largest wildfire in state history, affecting four counties and threatening thousands of structures.
IoT technology is poised to simplify insurance by enhancing data integration, improving risk analysis, and overcoming workforce challenges, ultimately protecting people and businesses more effectively.
In 2023, Europe faced unprecedented extreme weather events, including heatwaves, droughts, storms, and floods, highlighting the urgent need for insurers to adapt and develop robust climate risk management strategies.
Legal system abuse, including frivolous lawsuits and inflated claims, significantly raises insurance claims costs, impacting policyholders, insurers, and agents, as highlighted by Triple-I.
HealthEquity reported that a cybersecurity incident compromised the personal information of 4.3 million individuals, involving a partner’s credentials to access sensitive health data.
An unknown threat actor exploited an email misconfiguration in Proofpoint’s system, sending millions of spoofed emails from reputable companies like Best Buy and IBM, highlighting vulnerabilities in email security infrastructure.
A recent post on Reddit’s adjusters subreddit shared a cautionary tale about the risks of casual, off-the-cuff remarks in professional communications. In this instance, a fire claim involving a homeowner’s pet parrot escalated to the courtroom, where an unfortunate message by an adjuster was read aloud, much to his embarrassment.
Take-Two Interactive’s SEC filing highlights various risks including negative review campaigns, which could result in loss of players, revenue, and increased marketing costs.
A former claims adjuster from Aurora has confessed to stealing over $268,000 from her employer by filing fraudulent auto insurance claims, resulting in felony theft charges for her and two accomplices.
A Maryland woman is accused of filing fraudulent insurance claims worth over $180,000, using false damage photos and documents in her submissions to USAA.
Homeowners insurance premiums surged by 21% from May 2022 to May 2023, largely due to severe weather events driven by climate change, leaving many homeowners with limited options.
