Tackling Fraudulent Claims Tactics in Florida’s Insurance Landscape

Florida combats aggressive insurance fraud schemes involving public adjusters and contractors, unveiling deceptive practices in the wake of natural disasters.
April 2, 2024 Fraud Insurance Industry Legislation & Regulation Property Florida

New Mexico Supreme Court Strikes Down Workers’ Compensation Act Provision as Unconstitutional

The New Mexico Supreme Court rules the Workers’ Compensation Act’s differential treatment of physical and mental injuries unconstitutional, advocating for equal benefits.
April 2, 2024 Legislation & Regulation Workers' Compensation New Mexico

Regulatory Concerns Over Insurance Investments Impact Everton’s Prospective Purchase

State regulators in Utah and South Carolina challenge A-Cap’s financial ties with 777 Partners, complicating the firm’s bid for Everton FC amid broader concerns for policyholder security.
April 2, 2024 Insurance Industry Legislation & Regulation South Carolina Utah

Google Agrees to Major Changes in Incognito Mode After Class Action Settlement

In a landmark settlement, Google commits to deleting ’billions of data records’ collected via Incognito mode, alongside enhancing user privacy controls.
April 2, 2024 Legislation & Regulation Technology California

Revolutionizing Insurance Distribution with Generative AI

The Bain & Company Global Private Equity 2024 Report reveals how generative AI is poised to redefine insurance distribution, highlighting agent efficiency, enhanced customer service, personalization, and strategic insights.
April 2, 2024 Insurance Industry Risk Management Technology

AT&T Confirms Leak of Data Affecting 73 Million Users on the Dark Web

AT&T launches an investigation into a data breach impacting 73 million users, with Social Security numbers among the leaked information.
April 1, 2024 Fraud Insurance Industry Technology

New Report Sheds Light on Workers’ Compensation Claims Trends in California

A recent study by the WCIRB of California reveals a notable trend: 40% of workers’ compensation claims originate from employees with less than a year of tenure.
April 1, 2024 Education & Training Insurance Industry Risk Management Workers' Compensation California

Leveraging AI for Future-Proofing Insurance

A deep dive into the Rackspace Technology-sponsored 2024 AI Report reveals strategic AI investments and challenges among insurance IT leaders.
April 1, 2024 Education & Training Risk Management Technology

Homeowners Brace for Further Hikes Amid Climate and Market Pressures

As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
April 1, 2024 Catastrophe Legislation & Regulation Property Connecticut Florida Illinois Louisiana Maine

Solar Sector Struggles with Soaring Hail Damage Claims Amid Climate Challenges

Record solar installations face unprecedented hailstorm damage, challenging insurers and the renewable energy sector.
April 1, 2024 Catastrophe Technology

North Carolina Body Shop Owner Faces Insurance Fraud Charges

Following the insurance fraud charges, businesses are urged to adopt stringent safeguards to prevent fraud and protect their operations.
April 1, 2024 Education & Training Fraud Insurance Industry Technology North Carolina

Balancing Innovation and Risk in Insurance Data Science Adoption

Insurers strive for a balance between embracing data science innovation and maintaining robust risk governance and ethical standards.
April 1, 2024 Insurance Industry Risk Management Technology

Shifts in the U.S. Commercial Litigation Finance Landscape Amid Economic Fluctuations

The U.S. commercial litigation finance industry faces a contraction in new funding deals due to broader financial market trends, despite stable demand.
April 1, 2024 Insurance Industry Litigation Risk Management

Bridging the Gap in Cybersecurity with Process Innovation in the Insurance Sector

In the fast-evolving cyber threat landscape, insurance industry processes are key to developing adaptable policies, managing risks, and enhancing cyber resilience.
April 1, 2024 Insurance Industry Risk Management Technology

Adjusters Discuss Strategies and Frustrations with Roof Claims

Claims adjusters express challenges with roof damage claims, share strategies for dealing with contractors, and navigate industry changes.
March 29, 2024 Catastrophe Insurance Industry Property Technology
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