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Lawmakers Push for Unemployment Insurance Reforms After Pandemic Fraud

Lawmakers Push for Unemployment Insurance Reforms After Pandemic Fraud

In response to massive fraud during the COVID-19 pandemic, U.S. lawmakers are advocating for reforms to restore confidence and integrity in the unemployment insurance program.
June 13, 2024 Fraud Insurance Industry Legislation & Regulation Risk Management California Illinois

Texas Man Sentenced for $2 Million Unemployment Insurance Fraud

Texas Man Sentenced for $2 Million Unemployment Insurance Fraud

Frank Sherman of Garland, Texas, received a two-year prison sentence and must pay nearly $2.3 million in restitution for his involvement in an unemployment insurance fraud scheme.
June 13, 2024 Fraud Insurance Industry Legislation & Regulation Litigation California Nevada Texas

Missouri Doctor Settles Health Insurance Fraud for $1.2M

Missouri Doctor Settles Health Insurance Fraud for $1.2M

Dr. Nehal Modh and Progressive Pain Management in Festus, Missouri, agreed to a $1.2 million settlement for submitting false Medicare and Medicaid claims. Whistleblower awarded $177,707.
June 13, 2024 Fraud Legislation & Regulation Life & Health Litigation Missouri

Business Owners Express Concern Over Insurance Coverage

Business Owners Express Concern Over Insurance Coverage

A recent Gallagher survey reveals that 80% of American business owners are worried about gaps in their business insurance coverage, with concerns spanning extreme weather, cyber-attacks, and supply chain disruptions.
June 13, 2024 Insurance Industry Risk Management Technology

Severe Weather Triggers State of Emergency in South Florida

Severe Weather Triggers State of Emergency in South Florida

Governor Ron DeSantis has declared a state of emergency for multiple counties in South Florida due to severe flooding and heavy rainfall, causing significant disruption.
June 13, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management Florida

Delivery Drivers File Wage Claims Against Amazon

Delivery Drivers File Wage Claims Against Amazon

Thousands of Amazon Flex drivers have filed claims alleging misclassification as independent contractors, seeking unpaid wages and other financial compensation.
June 13, 2024 Insurance Industry Legislation & Regulation Litigation Workers' Compensation California Illinois Massachusetts Wisconsin

Drivers Favor Speed Alert Systems for Safer Roads

Drivers Favor Speed Alert Systems for Safer Roads

A majority of U.S. drivers support technology that alerts or limits speed, according to an Insurance Institute for Highway Safety survey, suggesting a shift toward safer driving practices.
June 13, 2024 Auto Legislation & Regulation Risk Management Technology

Liability Litigation Trends: Increased Claims and Attorney Representation

Liability Litigation Trends: Increased Claims and Attorney Representation

Attorney representation in liability claims has increased significantly, with litigation rates climbing in 2023. The trend is partly driven by a rush to file lawsuits in Florida before new tort reform measures took effect, according to Sedgwick’s latest report.
June 13, 2024 Legislation & Regulation Liability Litigation Risk Management Florida

Preparing Insurance Adjusters for the 2024 Atlantic Hurricane Season

Preparing Insurance Adjusters for the 2024 Atlantic Hurricane Season

As the 2024 Atlantic hurricane season approaches, insurance adjusters are intensifying their training and preparations to ensure they can respond efficiently to catastrophic events.
June 12, 2024 Catastrophe Education & Training Property Risk Management

InsurTech Leaders Highlight AI’s Role in Underwriting

InsurTech Leaders Highlight AI’s Role in Underwriting

Harnessing previously uncaptured data is key to underwriting success, agree two InsurTech executives, as AI transforms the insurance sector.
June 12, 2024 Insurance Industry Risk Management Technology Underwriting New York

Woman Sues Ice Cream Company Over Lack of Real Pistachios

Woman Sues Ice Cream Company Over Lack of Real Pistachios

A woman from Long Island is suing Cold Stone Creamery, alleging that its pistachio ice cream contains no actual pistachios. The lawsuit could have significant implications for ice cream lovers across the country.
June 12, 2024 Fraud Legislation & Regulation Litigation New York

Major Workers’ Compensation Insurance Fraud Uncovered in California

Major Workers’ Compensation Insurance Fraud Uncovered in California

Two farm labor contractors in Kings County, California have been arraigned on multiple felony counts for allegedly underreporting $29.2 million in payroll to save on workers’ compensation insurance premiums and taxes.
June 12, 2024 Fraud Legislation & Regulation Litigation Workers' Compensation California

Retired Fire Captain Arrested for Alleged Insurance Fraud

Retired Fire Captain Arrested for Alleged Insurance Fraud

A retired fire captain from Davie, Florida, faces charges of insurance fraud and criminal use of personal identification for allegedly submitting falsified lodging invoices related to a 2022 insurance claim.
June 12, 2024 Fraud Insurance Industry Liability Litigation Florida

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights

Swiss Re’s 2024 SONAR report identifies 16 emerging risks, highlighting the compounding effects of natural disasters on critical infrastructure, supply chains, and healthcare systems, stressing the need for increased resilience and investment.
June 12, 2024 Catastrophe Life & Health Property Risk Management California Texas

Trust Ranks Highest in Auto Insurance Customer Satisfaction as Prices Surge

Trust Ranks Highest in Auto Insurance Customer Satisfaction as Prices Surge

With U.S. auto insurance rates surging by 11.2% over the past year, customer trust emerges as a key factor in maintaining satisfaction, according to J.D. Power’s 2024 U.S. Auto Insurance Study.
June 12, 2024 Auto Insurance Industry Risk Management Florida
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