Easter Sunday Heist in Los Angeles Nets Thieves $30 Million from Sylmar Money Vault
In a daring Easter Sunday burglary, a skilled crew infiltrated a San Fernando Valley cash storage facility, making off with up to $30 million.
April 9, 2024
Fraud
Weird
California
Tennessee Court Denies COVID-19 Workers’ Comp Claim for Late Filing
A Tennessee court dismissed a COVID-19 workers’ compensation claim due to late filing and lack of cooperation, marking a significant ruling.
April 9, 2024
Legislation & Regulation
Life & Health
Litigation
Workers' Compensation
Tennessee
Florida Contractor Admits to $1 Million Tax Evasion
A Florida roofing company co-owner pleads guilty to omitting over $1 million in income on her 2017 tax return, facing up to three years in prison.
April 9, 2024
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Florida
Auto Industry Faces New Challenges and Opportunities Amid Rising Vehicle Complexity
The Q1 2024 Crash Course Report delves into how escalating vehicle complexity impacts insurance claims and collision repairs, with a focus on solutions.
April 9, 2024
Auto
Insurance Industry
Risk Management
Technology
Generative AI Revolutionizes Claims Processing in Insurance Industry
Generative AI is transforming insurance claims handling, reducing costs and improving efficiency through workflow automation and risk assessment.
April 9, 2024
Fraud
Insurance Industry
Risk Management
Technology
Zurich Insurance to Halt Underwriting New Oil and Gas Projects in Sustainability Push
In a bold sustainability move, Zurich Insurance will stop underwriting new oil and gas projects, aiming for net zero emissions by 2050.
April 9, 2024
Insurance Industry
Risk Management
Technology
Surging Dog-Related Injury Claims Highlight the Need for Owner Education and Pet Training
Dog-related injury claims have surged to $1.12 billion in 2023, underscoring the importance of pet education and training to curb this rising trend.
April 9, 2024
Education & Training
Insurance Industry
Liability
Property
California
Florida
Texas
Connecticut Prize Insurance Operator Faces Fraud Charges
A Connecticut operator of a prize insurance business is charged with defrauding dozens, resulting in nearly $1 million in losses for charitable organizations and individuals.
April 8, 2024
Fraud
Insurance Industry
Liability
Connecticut
MLB Players Association Calls for Investigation into Pitch Clock’s Role in Rising Pitcher Injuries
With an alarming spike in pitcher injuries, the MLBPA urges a study on the pitch clock’s impact, amidst debate over its influence on player health.
April 8, 2024
Education & Training
Insurance Industry
Life & Health
Technology
Colorado Legislators Debate Bill to Impose Liability Insurance Requirement on Firearm Owners
In a close vote, Colorado’s House Business Affairs and Labor Committee advances a bill requiring firearm owners to hold liability insurance, aiming to enhance responsible gun ownership.
April 8, 2024
Insurance Industry
Legislation & Regulation
Liability
Risk Management
Colorado
Maryland Insurance Professional Sentenced for Major Theft from Title Company
A former insurance producer in Maryland pleads guilty to a significant theft scheme, resulting in a year of incarceration and restitution orders.
April 8, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
District Of Columbia
Maryland
Virginia
Boeing 737 Engine Cover Detachment Triggers Investigation
The FAA has launched an investigation after an engine cover on a Boeing 737-800 detached during takeoff, causing no injuries but raising safety concerns.
April 8, 2024
Legislation & Regulation
Risk Management
Technology
Colorado
Florida
Texas
CSU Predicts Record-Breaking Atlantic Hurricane Season for 2024
Colorado State University’s researchers forecast a significantly active 2024 Atlantic hurricane season, citing unusually warm ocean temperatures and potential La Niña conditions.
April 8, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Middle-Market Companies Grapple with Inflation and Insurance Adjustments
Chubb’s recent research highlights inflation as the main hurdle for middle-market companies, with many considering increased insurance coverage in response.
April 8, 2024
Insurance Industry
Property
Risk Management
Technology
Independent Adjusters Face Industry Shifts Amid Quality Concerns and Carrier Changes
The adjuster community on Reddit discusses the evolving landscape of independent adjusting, sharing personal experiences and perspectives on industry changes.
April 5, 2024
Education & Training
Insurance Industry
Legislation & Regulation
Technology
Florida
Georgia
Indiana
Kentucky
Louisiana
