Billions Paid in LA County Wildfire Claims as Recovery Continues
Insurance companies have paid $4.2 billion to policyholders affected by the Eaton and Palisades fires in Los Angeles County. Over 31,000 claims have been filed, with more payments expected as recovery progresses.
January 31
Catastrophe
Insurance Industry
Risk Management
California
OSHA Strengthens PPE Rule to Ensure Proper Fit for Construction Workers
A revised OSHA rule effective January 13, 2025, explicitly mandates that personal protective equipment (PPE) in construction must properly fit each worker, improving workplace safety and reducing hazards related to ill-fitting gear.
January 30
Legislation & Regulation
Risk Management
Workers' Compensation
Amazon Hit with Class Action Lawsuit Over Alleged Covert Tracking of California Residents’ Locations
Amazon is facing a class action lawsuit in California, accusing the tech giant of secretly tracking and selling users’ sensitive location data through its advertising software.
January 30
Legislation & Regulation
Litigation
Technology
California
Pennsylvania Man Sentenced to Prison for $1.4 Million Insurance Fraud Scheme
Former insurance claims handler James Keating received a 20-month prison sentence for defrauding Allied World Insurance out of more than $1.4 million through shell companies and kickbacks.
January 30
Fraud
Insurance Industry
Litigation
Risk Management
Connecticut
Pennsylvania
Maryland Insurance Administration Recovers Over $33 Million for Policyholders in 2024
The Maryland Insurance Administration recovered nearly $33.3 million in 2024 by assisting consumers with insurance disputes, fraud investigations, and regulatory enforcement efforts.
January 30
Fraud
Insurance Industry
Legislation & Regulation
Property
Maryland
Court Ruling May Expand Liability for Construction Professionals
A recent California court ruling could expand liability for construction professionals by allowing homeowners to sue for negligence, even without a direct contract. This decision highlights the increasing legal exposure for engineers and contractors in residential projects.
January 30
Liability
Litigation
Risk Management
California
Natural Disasters Caused $368 Billion in Damage Last Year, Aon Report Reveals
The 2025 Climate and Catastrophe Insight Report by Aon highlights how hurricanes, severe storms, and global flooding pushed disaster losses to $368 billion in 2024, exposing critical insurance gaps.
January 29
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina
Tennessee
Michigan’s EV Industry Faces Uncertainty as Federal Policies Shift
The federal government’s new stance on electric vehicles creates uncertainty for Michigan’s EV industry, but major investments and industry leaders remain committed to long-term electrification.
January 29
Auto
Legislation & Regulation
Risk Management
Technology
Georgia
Michigan
How 2025 Will Reshape Claims Management: AI, Regulations, and Workforce Changes
The claims industry is set for transformation in 2025, with AI adoption accelerating, regulations tightening—especially around mental health—and workforce dynamics shifting.
January 29
Legislation & Regulation
Risk Management
Technology
Workers' Compensation
New York
"World’s Largest Truck Stop" in Iowa Fined for Clean Water Act Violations
The EPA fined Iowa 80, the world’s largest truck stop, and Joplin 44 a total of $390,784 for failing to meet Clean Water Act regulations on petroleum spill prevention and containment.
January 29
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Iowa
Missouri
Experian’s 2025 Fraud Forecast Warns of Rising AI-Powered Threats
Experian’s Future of Fraud Forecast highlights five emerging threats for 2025, including AI-driven bot attacks, password spraying, cryptocurrency scams, and social media-fueled fraud schemes.
January 29
Fraud
Insurance Industry
Risk Management
Technology
Pet Insurance Expansion Brings Opportunities and Risks
The pet insurance market in the U.S. is expanding rapidly, with premiums potentially surpassing $4.5 billion in 2024. However, rising veterinary costs and market concentration pose challenges for insurers.
January 29
Insurance Industry
Life & Health
Risk Management
Underwriting
How the Tech Stock Drop Could Shape AI’s Future
DeepSeek’s rapid ascent as a free generative AI app has stunned tech investors, raising questions about AI development costs and the future of industry giants.
January 29
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Boca Raton Dentist Arrested for $157K Insurance Fraud Targeting Major Carriers
A Boca Raton dentist faces multiple felony charges for allegedly fabricating claims to defraud MetLife, Delta Dental, and Aetna of $157,000, according to investigators.
January 28
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Florida
PayPal Settles $2 Million Cybersecurity Case Over 2022 Data Breach
PayPal faces a $2 million fine for failing to comply with New York’s Cybersecurity Regulation, exposing customer data during a 2022 breach caused by inadequate security measures.
January 27
Insurance Industry
Legislation & Regulation
Technology
New York
