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Florida Home Inspector Accused of Reusing Photos in 200+ Insurance Inspections, Costing $88,000

Florida Home Inspector Accused of Reusing Photos in 200+ Insurance Inspections, Costing $88,000

A Florida home inspector is accused of using identical stock photos in over 200 inspections, costing Citizens Property Insurance Corp. thousands in fraudulent premiums and reinspection costs.
September 13, 2024 Fraud Insurance Industry Legislation & Regulation Property Florida

How AI-Powered Digital Twins Are Shaping the Future of P/C Insurance

How AI-Powered Digital Twins Are Shaping the Future of P/C Insurance

AI-enabled digital twins are revolutionizing how property and casualty insurers assess risk and protect policyholders from climate-related damages, offering enhanced accuracy and predictive capabilities.
September 13, 2024 Catastrophe Property Risk Management Technology

Investigators Sound Alarm on Fraudulent Water Damage Claims

Investigators Sound Alarm on Fraudulent Water Damage Claims

Insurance fraud experts warn about exaggerated or false water damage claims, often linked to home renovations and fake sewage leaks, aimed at inflating insurance payouts.
September 13, 2024 Catastrophe Fraud Litigation Property California Florida

Hurricane Francine Risks $1.5 Billion in Insured Losses as it Strikes Louisiana

Hurricane Francine Risks $1.5 Billion in Insured Losses as it Strikes Louisiana

Hurricane Francine made landfall in Louisiana as a Category 2 storm, with CoreLogic estimating insured losses at up to $1.5 billion, impacting residential and commercial properties across the Gulf Coast.
September 13, 2024 Catastrophe Insurance Industry Property Risk Management Alabama Kentucky Louisiana Mississippi Missouri

Improving Workplace Safety to Reduce Workers’ Compensation Costs

Improving Workplace Safety to Reduce Workers’ Compensation Costs

Employers and claims professionals must prioritize injury prevention, safety culture, and risk management strategies to control workers' compensation claims and costs across various industries.
September 13, 2024 Education & Training Litigation Risk Management Workers' Compensation

How Underwriters Can Overcome Automation Anxiety and Thrive

How Underwriters Can Overcome Automation Anxiety and Thrive

Automation is essential for underwriters to meet growing industry demands for advanced risk assessment, enabling faster, more accurate decisions through data-centric processes and AI.
September 13, 2024 Insurance Industry Risk Management Technology Underwriting

Louisiana Residents Begin Cleanup After Hurricane Francine’s Devastation

Louisiana Residents Begin Cleanup After Hurricane Francine’s Devastation

Residents across southern Louisiana are starting the cleanup process following Hurricane Francine, which brought 100-mph winds, severe flooding, and widespread storm surge damage to coastal communities.
September 12, 2024 Catastrophe Insurance Industry Property Risk Management Louisiana

Millions Under Flood Watch as Hurricane Francine Weakens, Brings Heavy Rains Inland

Millions Under Flood Watch as Hurricane Francine Weakens, Brings Heavy Rains Inland

As Hurricane Francine moves inland, millions from Florida to Tennessee remain under flood watch, with heavy rains and tornado warnings threatening areas across the South. Power outages and damage reports continue.
September 12, 2024 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Louisiana Mississippi

Hurricane Francine Slams Southern Louisiana with 100-MPH Winds and Flooding

Hurricane Francine Slams Southern Louisiana with 100-MPH Winds and Flooding

Hurricane Francine hit southern Louisiana, bringing 100-mph winds, widespread power outages, and severe storm surge damage. The storm left over 400,000 without power and caused significant flooding in multiple communities.
September 12, 2024 Catastrophe Litigation Property Risk Management Louisiana

Hurricane Francine to Hit Louisiana Wednesday Bringing Storm Surge, High Winds, and Flooding

Hurricane Francine to Hit Louisiana Wednesday Bringing Storm Surge, High Winds, and Flooding

Hurricane Francine will make landfall in Louisiana, bringing dangerous storm surge, high winds, heavy rain, and tornado threats to the Gulf Coast and southern states. Flooding may extend as far north as the Ohio Valley later in the week.
September 11, 2024 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Louisiana Mississippi

Insurers Boost Use of RICO Lawsuits to Combat Staged Personal Injury Claims

Insurers Boost Use of RICO Lawsuits to Combat Staged Personal Injury Claims

Insurers and defense attorneys are increasingly turning to RICO lawsuits to fight fraudulent personal injury claims, with recent cases in Florida and New York highlighting the growing trend of staged accident schemes.
September 11, 2024 Auto Fraud Liability Litigation Florida New York

How Claims Management is Paving the Way for Sustainable Property Insurance

How Claims Management is Paving the Way for Sustainable Property Insurance

The claims sector is crucial in transforming property insurance by adopting sustainable practices, reducing waste, and meeting new environmental regulations to protect against climate risks.
September 11, 2024 Catastrophe Property Risk Management Salvage

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs

The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024 Fraud Legislation & Regulation Property Risk Management Alabama Arkansas Florida Illinois Minnesota

Silica Dust Exposure Drives Enforcement and Mitigation Actions Across States

Silica Dust Exposure Drives Enforcement and Mitigation Actions Across States

Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.
September 11, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation California Illinois

Hawkins Inc. Resolves Hazardous Waste Violations With $51,158 Penalty and Emergency Equipment Donations

Hawkins Inc. Resolves Hazardous Waste Violations With $51,158 Penalty and Emergency Equipment Donations

Hawkins Inc. of Iowa will pay $51,158 in penalties and provide emergency response equipment after the EPA found violations of hazardous waste management regulations under the Resource Conservation and Recovery Act.
September 11, 2024 Legislation & Regulation Litigation Property Risk Management Iowa
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