
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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



