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Solar Energy Growth Sparks Surge in Construction Claims

Solar Energy Growth Sparks Surge in Construction Claims

The rapid growth of solar energy is driving an increase in construction-defect claims, as industry experts highlight risks such as fire, environmental concerns, and insurance coverage issues.
October 4, 2024 Insurance Industry Legislation & Regulation Property Risk Management Arizona California Colorado Florida Texas

Tennessee School District Duped Out of $3.4 Million in Curriculum Vendor Scam

Tennessee School District Duped Out of $3.4 Million in Curriculum Vendor Scam

A rural Tennessee school district was swindled out of over $3 million when a finance officer unknowingly wired funds to a fraudster impersonating a legitimate curriculum vendor, part of a growing wave of email scams targeting schools.
October 1, 2024 Education & Training Fraud Litigation Technology Arizona Ohio Tennessee Texas

Federal Policy Conflicts Could Raise Flood Insurance Costs, Leave Thousands Unaware of Dam Risks

Federal Policy Conflicts Could Raise Flood Insurance Costs, Leave Thousands Unaware of Dam Risks

Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
August 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Arizona California Colorado Georgia Minnesota

Wildfire Risk Intensifies in 2024: Over 2.6 Million Homes at High Risk in the Western U.S.

Wildfire Risk Intensifies in 2024: Over 2.6 Million Homes at High Risk in the Western U.S.

As of mid-2024, wildfires have ravaged millions of acres in the U.S., with over 2.6 million homes at moderate or greater risk, emphasizing the crucial role of insurance and risk management in protecting communities.
August 13, 2024 Catastrophe Legislation & Regulation Property Risk Management Arizona California Colorado Hawaii Idaho

DOJ Sues Allstate’s National General for Allegedly Deceptive Insurance Practices

DOJ Sues Allstate’s National General for Allegedly Deceptive Insurance Practices

The U.S. alleges that National General Holdings Corp. improperly force-placed insurance on vehicles financed through Wells Fargo for over a decade, causing financial harm to borrowers.
July 26, 2024 Auto Fraud Insurance Industry Legislation & Regulation Litigation Arizona California Delaware Missouri New Hampshire

HeatRisk Tool Faces Real-World Challenges Amidst Rising US Temperatures

HeatRisk Tool Faces Real-World Challenges Amidst Rising US Temperatures

The HeatRisk forecasting tool, launched by the CDC and NOAA, is undergoing real-world testing as extreme temperatures stress many parts of the US, providing localized heat warnings to protect vulnerable populations.
July 25, 2024 Legislation & Regulation Life & Health Risk Management Technology Arizona California Florida Washington

NBA Teams Sued for Copyright Infringement in Social Media Videos

NBA Teams Sued for Copyright Infringement in Social Media Videos

Fourteen NBA teams are accused of using copyrighted music in social media promotional videos without proper licensing, leading to multiple lawsuits by Kobalt and other music companies.
July 23, 2024 Insurance Industry Legislation & Regulation Litigation Technology Arizona California Colorado Florida Georgia

Two Russian Nationals Plead Guilty in LockBit Ransomware Case

Two Russian Nationals Plead Guilty in LockBit Ransomware Case

Ruslan Astamirov and Mikhail Vasiliev admitted their roles in deploying the LockBit ransomware, leading to over 2,500 attacks and $500 million in ransom payments, marking a significant step in combating the notorious hacking group.
July 22, 2024 Fraud Litigation Technology Arizona Florida New Jersey Virginia

New Study Uncovers State Variations in Workers’ Compensation for First Responders’ Mental Health

New Study Uncovers State Variations in Workers’ Compensation for First Responders’ Mental Health

Recent research from the FIRST Center highlights significant differences in state workers’ compensation laws for first responders with mental health conditions, emphasizing the need for uniform presumption laws.
July 16, 2024 Legislation & Regulation Life & Health Risk Management Workers' Compensation Alaska Arizona California Colorado Connecticut

Insurers Gained $50 Billion From Medicare for Untreated Diseases

Insurers Gained $50 Billion From Medicare for Untreated Diseases

Medicare Advantage insurers received $50 billion from questionable diagnoses, including diseases like diabetic cataracts and HIV, for conditions that were not treated or didn’t exist.
July 8, 2024 Fraud Insurance Industry Legislation & Regulation Technology Alabama Arizona Florida Georgia Massachusetts

Copper Cable Theft Plagues EV Charging Stations

Copper Cable Theft Plagues EV Charging Stations

The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19, 2024 Insurance Industry Property Risk Management Technology Arizona California Colorado Illinois Nevada

El Paso Woman Files $1 Million Lawsuit Against Mexican Resort Over Husband’s Electrocution

El Paso Woman Files $1 Million Lawsuit Against Mexican Resort Over Husband’s Electrocution

Lizzette Zambrano sues Sonoran Sea Resort for over $1 million after her husband, Jorge Guillen, was electrocuted in a hot tub, leaving her critically injured and claiming his life.
June 17, 2024 Liability Litigation Property Risk Management Arizona Texas

Elderly Arizona Woman Sentenced to Prison for Insurance Fraud

Elderly Arizona Woman Sentenced to Prison for Insurance Fraud

A 72-year-old woman from Green Valley, Arizona, has been sentenced to 21 months in prison and ordered to pay restitution for defrauding elderly clients in an insurance scam.
May 21, 2024 Fraud Insurance Industry Legislation & Regulation Litigation Arizona

Mastering Risk Management for Mega Construction Projects with NFP’s Innovative Strategies

Mastering Risk Management for Mega Construction Projects with NFP’s Innovative Strategies

Adrian Pellen of NFP discusses leveraging technology and data to optimize insurance strategies in the construction sector at the 2024 RISKWORLD conference in San Diego.
May 7, 2024 Insurance Industry Property Technology Arizona California New York

Understanding True Innovation in the Insurance Industry Through Insights from In2Leadership Conference

Understanding True Innovation in the Insurance Industry Through Insights from In2Leadership Conference

Explore what real innovation means and how it can transform the insurance industry, as discussed at the recent In2Leadership conference.
April 19, 2024 Insurance Industry Risk Management Technology Arizona Florida
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