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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
Auto
Fraud
Legislation & Regulation
Risk Management
New York
Cannabis Grower’s $1.3M Business Income Claim Denied After Fire Damages Crops
A federal court ruled that a cannabis grower's business income loss was not covered by its insurance policy after a fire damaged crops but did not halt overall operations.
January 24, 2025
Insurance Industry
Litigation
Property
Risk Management
Connecticut
Contractor Faces OSHA Penalties After Worker Falls from Boston Theater Scaffold
A federal investigation found safety violations by NER Construction Management led to a worker's fatal fall at the Cutler Majestic Theater in Boston. OSHA has proposed $115,221 in fines.
January 24, 2025
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Massachusetts
How Geoeconomic Fragmentation is Reshaping the Insurance Landscape
Discover insights from the Geneva Association's 2025 report on geoeconomic fragmentation, exploring how global divides are transforming risks, opportunities, and strategies for the insurance industry.
January 24, 2025
Insurance Industry
Liability
Risk Management
Technology
California Wildfires Drive Record Insurance Losses and Policy Changes
Moody's projects $30 billion in insured property losses from Los Angeles County wildfires, highlighting the challenges of insuring high-risk areas and the strain on California's FAIR plan.
January 24, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
New York Woman Charged with $130,000 Welfare Fraud and Insurance Scheme
A New York resident allegedly defrauded Medicaid, childcare assistance programs, and her car insurance provider by misrepresenting income and residency over several years.
January 24, 2025
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
New Jersey
New York
Historic Snowstorm Brings Chaos to US South With Record-Breaking Cold and Snowfall
A rare snowstorm dumped record amounts of snow across the US South, causing travel chaos, frozen pipes, and widespread disruptions in states unprepared for such severe winter weather.
January 24, 2025
Catastrophe
Property
Risk Management
Technology
Arkansas
Florida
Georgia
Louisiana
Oklahoma
