Building Resilience with Insurance

The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.
May 22, 2024 Catastrophe Insurance Industry Risk Management Technology California Hawaii New York

Gina Raimondo Unveils Strategic Vision for AI Safety and Global Cooperation

U.S. Commerce Secretary Gina Raimondo announces strategic vision for AI safety and plans for a global network of AI Safety Institutes, emphasizing international cooperation to mitigate AI risks.
May 22, 2024 Legislation & Regulation Risk Management Technology California

How Climate Change Will Transform Healthcare Delivery and Payer Strategies

Climate change is set to significantly affect healthcare delivery, increasing utilization and costs while disrupting supply chains. Payers must develop comprehensive strategies to address these challenges and ensure sustainable operations.
May 20, 2024 Life & Health Property Risk Management Technology California North Carolina

AI Startup Lovo Sued for Allegedly Using Actors’ Voices Without Consent

Berkeley-based AI firm Lovo faces a class action lawsuit from voice actors Paul Lehrman and Linnea Sage, who allege their voices were used without permission for the company’s AI generator, Genny.
May 20, 2024 Fraud Legislation & Regulation Litigation Technology California New York

Fresno Trucking Company Owner Faces Charges for Workers’ Compensation Fraud

The 84-year-old former owner of Fresno-based TKJ Trucking is charged with under-reporting over $2 million in payroll to evade workers’ compensation costs, leading to substantial fraud allegations.
May 16, 2024 Fraud Insurance Industry Litigation Workers' Compensation California

Tesla Faces Class-Action Lawsuit Over Autopilot Claims

A federal judge has allowed a class-action lawsuit to proceed against Tesla over its Autopilot and Full-Self Driving (FSD) claims, alleging customers were misled about the technology’s capabilities.
May 16, 2024 Auto Fraud Legislation & Regulation Litigation Technology California

Widespread Auto Insurance Fraud Uncovered by Southern California Task Force

A task force in Southern California has charged multiple individuals for their involvement in a complex auto insurance fraud scheme.
May 14, 2024 Auto Fraud Insurance Industry Litigation California

North American Pet Health Insurance Market Sees Robust Growth, According to NAPHIA 2024 Report

The North American Pet Health Insurance Association’s 2024 report reveals significant increases in gross written premiums and insured pets, underscoring strong industry expansion.
May 13, 2024 California Florida Illinois Massachusetts New Jersey

California Jury Awards $18 Million in Bad Faith Insurance Case

A jury in San Bernardino awards substantial damages to two sisters after their insurance company failed to adequately compensate them for flood damage.
May 10, 2024 Catastrophe Insurance Industry Litigation Property California

International Jewelry Thief Nabbed After High-Profile Heists in New York

After a series of audacious jewelry thefts spanning continents, Yaorong Wan’s criminal spree ends with an arrest in New York City.
May 9, 2024 Catastrophe Fraud Litigation Property California New Jersey New York

NHTSA Opens Investigation Into Tesla’s Recall Effectiveness and Requests Detailed Information

The National Highway Traffic Safety Administration has initiated an investigation to assess the effectiveness of Tesla’s recall remedies and has requested detailed information from the automaker.
May 7, 2024 Auto Risk Management Technology California District Of Columbia

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

Risks of Infections from ‘Butt Lifts’ Highlighted in New CDC Report

A recent CDC report investigates a cluster of infections linked to Brazilian butt lift procedures at a South Florida clinic, emphasizing the need for improved safety protocols.
May 2, 2024 Legislation & Regulation Life & Health Risk Management Weird California Florida

Aon Report Details a Notable Decline in Q1 2024 Catastrophic Losses Compared to Previous Year

According to Aon’s latest catastrophe report, the first quarter of 2024 saw lower economic and insured losses compared to last year.
May 1, 2024 Catastrophe Insurance Industry Property Risk Management California Oklahoma Texas

Surge in Auto Insurance Costs Drives Record U.S. Shopping and Switching Rates

Amid a significant 22.2% increase in premiums, nearly half of U.S. auto insurance customers are actively seeking new policies, according to the latest J.D. Power study.
April 30, 2024 Auto Insurance Industry Risk Management Technology California
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