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
Florida’s House Bill Proposes Bold Changes to Windstorm Insurance
Florida’s HB13 aims to expand Citizens Property Insurance to provide windstorm coverage for all homeowners, addressing gaps in the private market and enhancing hurricane resilience.
January 27
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
How Wildfires in California Highlight Gaps in Public Understanding of Property Insurance
The fallout from California’s wildfires reveals a widespread lack of understanding about risk assessment, policy renewals, and the structure of insurance companies among the general public.
January 24
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
LinkedIn Faces Lawsuit Over Alleged Customer Data Use for AI Training
LinkedIn is facing a class action lawsuit accusing the platform of using private customer data, including messages, to train AI models without explicit consent, violating privacy laws.
January 24
Insurance Industry
Litigation
Technology
California
Does Florida’s Roof Age Rule Hinder Adoption of Hurricane-Resilient Roof Systems?
Builders argue that Florida’s 15-year roof age rule limits the use of advanced, wind-resistant materials, as insurers remain skeptical despite their potential to reduce hurricane losses.
January 24
Legislation & Regulation
Property
Risk Management
Technology
Florida
Louisiana
New York Secures $1 Billion Judgment Against Predatory Lending Firm
New York Attorney General Letitia James announced a $1.065 billion judgment against Yellowstone Capital for predatory lending, canceling over $534 million in small business debts nationwide.
January 24
Fraud
Legislation & Regulation
Litigation
Risk Management
New Jersey
New York
California Insurance Commissioner Urges Advance Payments for Wildfire Survivors
California Insurance Commissioner Ricardo Lara is urging insurers to follow state laws requiring advance payments to wildfire survivors, aiming to accelerate recovery efforts in Los Angeles.
January 24
Catastrophe
Legislation & Regulation
Property
Risk Management
California
New York Unveils Plan to Fix Taxi and Rideshare Insurance Crisis
New York Governor Kathy Hochul has proposed reforms to stabilize the city’s troubled taxi and rideshare insurance market after the collapse of its largest provider, American Transit Insurance Co.
January 24
Auto
Fraud
Legislation & Regulation
Risk Management
New York
