New Jersey Man Pleads Guilty in Massive No-Fault Auto Insurance Fraud Scheme
Bradley Pierre’s guilty plea unveils a decade-long, $60-$70 million no-fault auto insurance fraud, involving medical clinics, bribes, and tax evasion in New York and New Jersey.
December 19, 2023
Auto
Fraud
Legislation & Regulation
Litigation
New Jersey
New York
Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future
Exploring Lemonade’s insurtech strategies and State Farm’s smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023
Education & Training
Insurance Industry
Property
Technology
Activision Blizzard Settles for $54 Million in Landmark Discrimination Case
Activision Blizzard’s $54 million settlement with California’s civil rights agency marks a significant step in addressing workplace discrimination claims against the video game giant.
December 18, 2023
Legislation & Regulation
Liability
Litigation
Technology
California
Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024
The upcoming shift in the reinsurance industry towards cyber insurance in 2024 is driven by its rapid growth and the increasing need for robust cyber risk strategies.
December 18, 2023
Risk Management
Technology
Hurricane Idalia Shifts Insurance Dynamics in the Southeast US
Hurricane Idalia’s devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023
Catastrophe
Property
Risk Management
Technology
Florida
Georgia
North Carolina
South Carolina
Tech Innovations Reshape Workers’ Compensation Claims Processing
Technology is revolutionizing workers’ compensation claims, with tools that streamline processing, identify trends, and improve outcomes.
December 18, 2023
Risk Management
Technology
Workers' Compensation
Nevada
New Studies Highlight Hurricane Impact on Renters: Rising Rents, Evictions, and Housing Crisis
Recent research reveals the severe consequences of hurricanes on renters along the East and Gulf coasts, including increased rents, eviction risks, and the deepening affordable housing crisis.
December 15, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Kentucky Residents File Lawsuit Against CSX Over Thanksgiving Train Derailment and Chemical Spill
A class action lawsuit targets CSX for alleged negligence in a train derailment that caused a hazardous sulfur spill in eastern Kentucky, raising health and environmental concerns.
December 15, 2023
Catastrophe
Legislation & Regulation
Liability
Property
Kentucky
The Future of Insurtech: Top 5 Trends Revolutionizing Insurance in 2024
Exploring five groundbreaking insurtech trends set to redefine the insurance landscape in 2024, from AI-driven insights to embedded insurance.
December 15, 2023
Auto
Insurance Industry
Risk Management
Technology
Reinsurance Industry’s New Frontier: Leading Climate Solutions with GHG Emission Strategies
How the reinsurance industry is embracing its role in tackling climate change by integrating greenhouse gas strategies into its operations.
December 15, 2023
Legislation & Regulation
Risk Management
Technology
Underwriting
Tesla’s Autopilot Recall Draws Mixed Reactions Amid Safety Concerns
Tesla’s decision to update its Autopilot system following a federal probe elicits praise and criticism, with experts urging further measures to enhance driver safety.
December 14, 2023
Connecticut
Massachusetts
U.S. Wildfire Frequency and Severity at 20-Year Low Despite Global Rise, Says Triple I Report
The Insurance Information Institute reports a surprising decline in U.S. wildfire frequency and severity, contrasting with global trends, as mitigation efforts show positive results.
December 14, 2023
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Texas
Florida Adjusters Allege Insurance Companies Altered Damage Estimates, Demand Investigation
Independent claims adjusters in Florida allege several insurance companies have misleadingly altered wind damage estimates, sparking calls for an investigation into potential fraud.
December 14, 2023
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida
Court Orders Insurer to Pay $27M for Failing to Defend in Construction Defect Case
South Carolina Court penalizes Penn National with a $27 million payment for its failure to defend a policyholder in a construction defect lawsuit, despite coverage limitations.
December 14, 2023
Insurance Industry
Legislation & Regulation
Liability
Litigation
South Carolina
Understanding the Fine Line Between Fraud and Red Flags in Workers’ Compensation Claims
Delving into the legal intricacies of fraud versus red flags in workers’ compensation, emphasizing the role of claims and risk managers in identifying potential fraudulent activities.
December 14, 2023
Education & Training
Fraud
Risk Management
Workers' Compensation
