Connecticut Moves Swiftly to Block Massive Spike in Workers’ Compensation Insurance Rates
Facing a 235% hike in workers’ compensation premiums after a court ruling, Connecticut lawmakers passed urgent legislation to stabilize insurance costs for employers statewide.
May 20
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Connecticut
Former California City Official Accused of Embezzling Nearly $200K in Insurance Fraud Scheme
A former assistant city manager in La Cañada Flintridge faces 34 felony charges for allegedly diverting nearly $200,000 in insurance claim checks to his personal account.
May 20
Fraud
Insurance Industry
Litigation
Risk Management
California
Millions of Homes Unprotected as Climate-Driven Insurance Costs Soar
New research shows insurance protects against climate disasters, but millions of flood-prone homes remain uninsured as premiums climb beyond affordability.
May 20
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Kentucky
Louisiana
New York
Workers’ Comp Remains Profitable in 2024 as Claim Severity Rises and Premiums Drop
Despite a 3% drop in premiums and rising claim severity, the workers’ comp sector posted an 86% combined ratio in 2024, marking 11 straight years of underwriting gains.
May 20
Insurance Industry
Risk Management
Workers' Compensation
Former FBI Agent Unpacks How a Massive Health Insurance Scam Took Root in Pennsylvania and Spread Nationwide
A federal investigation into a sweeping health insurance fraud scheme that began in Reading, Pennsylvania, highlights how scammers stole millions from thousands of victims nationwide.
May 20
Fraud
Insurance Industry
Life & Health
Litigation
Pennsylvania
Climate Change Drives Rising Home Insurance Costs and Coverage Gaps
As climate disasters increase, insurers are hiking premiums, reducing coverage, or exiting markets—leaving homeowners, states, and federal programs to fill the gap.
May 20
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Maryland
Pennsylvania Shuts Down Unlicensed Insurance Telemarketing Scheme with Nationwide Reach
A multiyear investigation by the Pennsylvania Insurance Department led to the indictment of four businessmen and two companies for defrauding consumers across the U.S.
May 20
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Pennsylvania
West Virginia Man Charged After Illegally Using Over $20K in Deceased Relative’s Workers’ Comp Payments
A Salt Rock resident faces multiple felony charges after admitting to using more than $20,000 in workers’ comp benefits sent in error to his deceased relative’s account.
May 20
Fraud
Insurance Industry
Litigation
Workers' Compensation
West Virginia
EPA Plans to Weaken Drinking Water Limits on Emerging PFAS Chemicals
The EPA will maintain strict limits for two common ‘forever chemicals’ but plans to roll back standards for others, citing legal challenges and utility concerns.
May 19
Catastrophe
Legislation & Regulation
Property
Risk Management
New York
North Carolina
How Insurers Can Tackle Tech, Process and Organizational Debt to Drive Innovation
Insurers face more than just outdated technology — process and organizational debt also hold them back. Tackling all three is key to modernization and customer value.
May 19
Education & Training
Insurance Industry
Risk Management
Technology
Insurers Scramble for Disaster Data After NOAA Halts Updates
With NOAA’s disaster data program discontinued after 2024, insurance companies face major challenges in modeling risk, pricing policies, and ensuring climate resilience.
May 13
Catastrophe
Insurance Industry
Property
Risk Management
California
How Property and Casualty Insurers Can Combat Fraud with AI-Driven Multimodal Technology
AI-powered multimodal tech is helping property and casualty insurers detect fraud more accurately across the claims cycle, potentially saving billions and lowering premium costs.
May 13
Fraud
Insurance Industry
Property
Technology
Escrow Officer Sentenced to Prison for Orchestrating $350K Title Fraud Scheme in Texas
A McAllen, Texas escrow officer was sentenced to 24 months in prison for wire fraud after falsifying real estate documents and defrauding lenders and buyers of over $350,000.
May 13
Fraud
Insurance Industry
Litigation
Property
Texas
Amtrak Health Plan Defrauded of $12 Million by Over 100 Employees and Medical Providers
Over 100 Amtrak employees joined forces with medical providers in a fraudulent health insurance scheme that cost the company more than $12 million, a new report finds.
May 12
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
Connecticut
Delaware
District Of Columbia
Maryland
New Jersey
Newark Flight Delays Return Amid Telecom Failures as FAA Pushes System Upgrades
A telecom issue at Philadelphia’s radar facility triggered Newark flight delays again, highlighting ongoing infrastructure gaps and sparking urgent FAA upgrade plans.
May 12
Legislation & Regulation
Litigation
Risk Management
Technology
New Jersey
New York
Pennsylvania
