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EU Eyes TikTok for Potential Breach of New Digital Services Act Amidst Concerns Over Minor Protection

The European Union is gearing up to investigate TikTok under the Digital Services Act, focusing on the platform’s efforts to safeguard minors.
February 12, 2024 Legislation & Regulation Risk Management Technology

Few States Actively Combating Increased Hurricane Risk Despite Rising Frequency

With hurricanes becoming three times more frequent over the past century, only a handful of U.S. states are stepping up with effective risk reduction strategies.
February 12, 2024 Catastrophe Marine Property Risk Management Louisiana New York

Small Businesses Face New Reporting Mandate Under Corporate Transparency Act

Starting in 2024, small businesses must disclose beneficial owner information to FinCEN under the Corporate Transparency Act, with exemptions applying to certain entities.
February 12, 2024 Fraud Insurance Industry Legislation & Regulation

Unlock Your Leadership Potential at the 2024 CPCU Society In2Leadership Conference

Dive into an immersive leadership experience tailored for the risk and insurance industry, presented by the CPCU Society and Thunderbird School of Global Management. This March, transform your professional trajectory in Phoenix.
February 9, 2024 Education & Training Insurance Industry Risk Management

Texas Public Adjuster Infringes Lloyd’s Trademarks, Court Orders Injunction

A Texas court has issued a permanent injunction against a public adjuster for willfully infringing on Lloyd’s of London’s trademarks.
February 9, 2024 Fraud Legislation & Regulation Litigation Texas

OSHA Proposes $393K Fine for Case Farms Over Safety Violations in Ohio

Case Farms Processing Inc. is fined $393,449 by OSHA for multiple safety violations at its Ohio chicken processing plant, highlighting ongoing safety concerns.
February 9, 2024 Insurance Industry Litigation Workers' Compensation North Carolina Ohio

Amazon Faces Class Action Over Alleged Price Manipulation

A lawsuit claims Amazon manipulates its "Buy Box" to favor higher-priced items, potentially breaching consumer protection laws.
February 9, 2024 Litigation Technology California Washington

Cyber Insurance Market Poised for Significant Growth, Set to Reach $23 Billion by 2025

With cyber threats on the rise, the global cyber insurance market is expected to soar to $23 billion by 2025, led by U.S. business contributions.
February 9, 2024 Insurance Industry Risk Management Technology

Nebraska Man Charged with Stealing Over $800,000 in Insurance Fraud Scheme

A Lincoln, Nebraska man is accused of defrauding his employer, American Heritage Life Insurance Company, out of nearly $850,000 through false claims.
February 9, 2024 Fraud Insurance Industry Litigation Property Nebraska

US AI Leaders Join Forces with Government to Set Federal AI Standards

Top US AI companies collaborate with the government to develop federal standards, ensuring AI’s safe and responsible deployment.
February 9, 2024 Insurance Industry Legislation & Regulation Technology

Social Media Unravels Postal Worker’s Workers’ Compensation Fraud Scheme

A former postal worker’s social media posts led to a guilty plea for defrauding the government’s workers’ compensation program of $100,000.
February 8, 2024 Fraud Workers' Compensation North Carolina

Kentucky Farmer Pleads Guilty to Multi-Million Dollar Crop Insurance Fraud Scheme

Simpson County farmer David Manion faces imprisonment for defrauding the Federal Crop Insurance Corp. of $3.5 million, marking his second conviction.
February 8, 2024 Fraud Insurance Industry Litigation Kentucky Tennessee

NBA Faces Legal Battle Over Cryptocurrency Marketing Ties with Voyager Digital

Investors claim the NBA’s marketing links with Voyager Digital led to significant losses, spotlighting the legal risks of endorsing cryptocurrency firms.
February 8, 2024 Fraud Litigation Florida

Navigating the Complex Landscape of SRCC Risks in Global Insurance

As strikes, riots, and civil commotion escalate globally, the insurance industry scrutinizes aggregation risks and seeks tailored coverage strategies.
February 8, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management

Revolutionizing Online Sports Betting Insurance with Innovative Solutions

Innovative insurance solutions like surety bonds are transforming collateralization in the sports betting industry, marking a new era of financial flexibility.
February 8, 2024 Insurance Industry Legislation & Regulation Technology Delaware Montana Nevada New Jersey Oregon
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