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Detroit Man Sentenced to Over Five Years for Pandemic Unemployment Fraud

Detroit Man Sentenced to Over Five Years for Pandemic Unemployment Fraud

A Detroit Man was sentenced to 63 months in prison and ordered to pay $512,000 in restitution for committing unemployment fraud during the COVID-19 pandemic.
June 3, 2024 Fraud Insurance Industry Legislation & Regulation Litigation Michigan New Jersey

Ticketmaster and Santander Data Breaches May Signal Larger Cybersecurity Threat

Ticketmaster and Santander Data Breaches May Signal Larger Cybersecurity Threat

Data breaches at Ticketmaster and Santander have been connected to attacks on cloud provider Snowflake, potentially indicating more widespread vulnerabilities that could impact other companies.
June 3, 2024 Insurance Industry Litigation Technology

Preventing Medicare Fraud: Everyone’s Responsibility

Preventing Medicare Fraud: Everyone’s Responsibility

Join Medicare Fraud Prevention Week to learn and share actions to prevent fraud, errors, and abuse in Medicare. Running from June 3 through June 9, this event is hosted by the Administration for Community Living and the Senior Medicare Patrol (SMP).
June 3, 2024 Education & Training Fraud Life & Health Risk Management

Snowflake Data Breach Exposes Ticketmaster and Others

Snowflake Data Breach Exposes Ticketmaster and Others

Snowflake’s data breach impacts Ticketmaster and numerous organizations, with hackers demanding $500,000 for stolen data.
June 3, 2024 Fraud Insurance Industry Risk Management Technology

Managing Workers’ Comp Claims in High Heat

Managing Workers’ Comp Claims in High Heat

Higher temperatures lead to more work-related injuries, especially in the South and among construction workers.
June 3, 2024 Insurance Industry Life & Health Risk Management Workers' Compensation California Texas

Property Insurance Strategies for 2024

Property Insurance Strategies for 2024

Facing economic and climatic challenges, commercial property owners can take these steps to mitigate risk and appeal to insurers.
June 3, 2024 Catastrophe Insurance Industry Property Risk Management California

Worker Awarded Compensation for Double Amputation Sustained While Assisting Accident Victim

Worker Awarded Compensation for Double Amputation Sustained While Assisting Accident Victim

A West Virginia appellate court ruled that a worker injured while assisting an accident victim during a work-related trip is entitled to workers’ compensation benefits, overturning previous decisions.
May 31, 2024 Insurance Industry Liability Litigation Workers' Compensation Pennsylvania West Virginia

Clinic Owner and Associates Charged in Insurance Fraud Scheme

Clinic Owner and Associates Charged in Insurance Fraud Scheme

Authorities in Miami-Dade County charge six individuals with orchestrating a staged crash insurance fraud scheme following an undercover operation in the Miami area.
May 31, 2024 Fraud Insurance Industry Legislation & Regulation Litigation Florida

Navigating the Crossroads of Workers’ Compensation and Employment Law

Navigating the Crossroads of Workers’ Compensation and Employment Law

Navigating the complex intersection of workers’ compensation and employment law can be challenging for employers. Learn how proactive legal strategies can help avoid costly pitfalls.
May 31, 2024 Litigation Risk Management Workers' Compensation

Trio Pleads Guilty to Wire Fraud in Home Improvement Store Scheme

Trio Pleads Guilty to Wire Fraud in Home Improvement Store Scheme

Donovan Young, Aaron Young, and James Hoffman face up to 20 years in federal prison for their involvement in a wire fraud conspiracy defrauding home improvement stores.
May 31, 2024 Fraud Legislation & Regulation Litigation Property South Carolina

Real Estate Fraud Scheme Leads to Prison Sentence for North Carolina Man

Real Estate Fraud Scheme Leads to Prison Sentence for North Carolina Man

Dennis S. Lepka, Jr. was sentenced to six and a half years in federal prison for orchestrating a fraudulent real estate scheme, targeting vulnerable communities and causing significant financial losses.
May 31, 2024 Fraud Legislation & Regulation Litigation Property North Carolina South Carolina

Sun Life Report Highlights Surge in High-Cost Claims and New Drug Trends for 2024

Sun Life Report Highlights Surge in High-Cost Claims and New Drug Trends for 2024

Sun Life’s 2024 report reveals rising healthcare costs, with cancer and cardiovascular diseases leading high-cost claims. The analysis includes new high-cost injectable drugs and strategic recommendations for employers.
May 31, 2024 Legislation & Regulation Life & Health Risk Management Technology

Strategic Role Expansion for Chief Risk Officers in Life Insurance

Strategic Role Expansion for Chief Risk Officers in Life Insurance

Chief Risk Officers (CROs) in life insurance will play a broader strategic role as insurers face complex challenges.
May 31, 2024 Legislation & Regulation Life & Health Risk Management Technology

Insurance Adjusters Discuss Re-filing Claims for Unrepaired Damage

Insurance Adjusters Discuss Re-filing Claims for Unrepaired Damage

Insurance adjusters on Reddit are engaging in a detailed discussion about handling situations where policyholders file new claims for damage to their property that was previously claimed but not repaired.
May 30, 2024 Fraud Insurance Industry Property

Insurers Warned of Potential Space Storm Threats Exceeding Hurricane Katrina

Insurers Warned of Potential Space Storm Threats Exceeding Hurricane Katrina

A recent Bloomberg Intelligence report warns insurers of potential severe space storms, capable of disrupting communications and power grids, posing greater risks than catastrophic hurricanes.
May 30, 2024 Catastrophe Insurance Industry Risk Management Technology
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