The 2024 State of Risk and Compliance Report by NAVEX offers valuable insights from over 1,000 global R&C professionals, highlighting trends, challenges, and the impact of leadership and technology on compliance program maturity.
Farmers Insurance responds to claims of understaffing and overworking made by an anonymous group of in-house adjusters, following a significant increase in claims and workforce reduction.
Democratic Gov. Daniel McKee signed a bill ensuring Rhode Island domestic workers receive the state minimum wage. Previously excluded, these workers will now earn at least $14 per hour, with an increase to $15 on January 1st.
Weiss Ratings, an independent insurance rating agency, reports that three major Florida homeowners insurance providers closed nearly half of their claims last year without any payment.
A survey in Ireland and the UK by Aviva finds four in ten respondents might exaggerate home insurance claims for extra compensation, with a majority supporting stricter penalties for fraud.
Nearly 200 individuals, including 13 from New Jersey, have been charged in a $2.75 billion health care fraud scheme that targeted Medicare, Medicaid, TRICARE, and private insurers.
Following a wrongful arrest, Detroit Police Department faces new restrictions on the use of facial recognition technology, prohibiting arrests based solely on its results.
Erie Insurance and other insurers have filed a lawsuit against Norfolk Southern, alleging negligence and state law violations following the 2023 Ohio train derailment and chemical spill.
Home insurance premiums in Florida increased 80% less than expected in 2023 due to legislative reforms addressing legal system abuses, along with lower inflation in replacement costs, according to Triple-I.
A nationwide survey by The Hanover and The Harris Poll shows many homeowners neglect crucial maintenance tasks, risking costly damages and insurance claims.
An analysis of 47 million homeowners’ insurance expenditures reveals a sharp increase in premiums from 2020 to 2023, with disaster-prone areas experiencing the most significant hikes due to rising reinsurance costs.
