The Department of Justice filed its first False Claims Act lawsuit under the Civil Cyber-Fraud Initiative, targeting contractors accused of noncompliance with DoD cybersecurity requirements.

The surge in severe weather events highlights the urgent need for modern insurance strategies, as homeowners face heightened risks and coverage gaps. Tailored disaster insurance solutions can help protect against growing financial vulnerability.

A federal judge has allowed roughly 150 former workers over age 50 to pursue a class action lawsuit against X, alleging age discrimination in the company’s 2022 mass layoffs under Elon Musk’s ownership.

Aon’s 2024 survey reveals that most business leaders are struggling to adapt to key megatrends, including trade, technology, climate, and workforce changes, to better manage risk.

Iowa’s Insurance Division issued cease-and-desist orders against four roofers for acting as unlicensed public adjusters, sparking debate on whether contractors can assist homeowners with their insurance claims. The state’s crackdown highlights growing concerns over fraud and misrepresentation in the wake of frequent windstorms and natural disasters.

While the buddy system is often praised for improving worker safety in high-risk environments, experts warn of potential downsides, including inconsistent practices, cost concerns, and reduced management oversight.

A Miami rehab clinic owner, along with two employees, are facing over two dozen felony charges after an undercover investigation revealed alleged insurance fraud and billing for unperformed services.

American Transit Insurance Co., a key insurer for NYC taxis and rideshare vehicles, faces insolvency, risking disruption for tens of thousands of drivers as regulators consider intervention.

General contractors in Florida face growing legal hurdles in apportioning fault to subcontractors due to the nondelegable duty of supervision, with courts increasingly placing full liability on the contractor.

The catastrophe bond market has reached unprecedented levels, recording $12.2 billion in new transactions and pushing total capital to $45.6 billion, driven by growing risk transfer needs.

Artificial intelligence is reshaping insurance by enhancing risk assessment, improving customer experience, and streamlining operations. However, ethical challenges, regulatory hurdles, and high costs remain obstacles.

Skyline Partners’ FatTrack trigger mechanism led to a swift payout under a parametric insurance policy for Jamaican farmers after Hurricane Beryl, highlighting its efficiency in handling weather-based claims.

Nurse Case Managers play a critical role in workers’ compensation, focusing on guiding injured workers back to gainful employment while ensuring safe accommodations are in place to prevent re-injury or setbacks.

AI is transforming insurance fraud detection, with leading companies like State Farm, Ping An, and IBM developing cutting-edge algorithms to identify fraudulent claims and protect insurers.

Verisk’s 2024 Global Modeled Catastrophe Losses Report reveals that urban expansion and inflation have pushed average annual global natural catastrophe losses to $151 billion, highlighting the growing challenges for insurers.