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

Gore Street Capital Deploys Advanced Battery Analytics for Better Insurance Terms on UK Energy Projects
Gore Street Energy Storage Fund has successfully implemented a predictive analytics solution, achieving improved insurance terms for its UK energy storage projects.
April 30, 2024
Auto
Insurance Industry
Risk Management
Technology
California
Texas

Sacramento Business Owner Fined Over $687K for Workers’ Comp Fraud
Jorge Maldonado, owner of Pro-Care Building Maintenance, has been ordered to pay nearly $700,000 in restitution for underreporting employee numbers to reduce workers’ comp premiums.
April 29, 2024
Fraud
Insurance Industry
Legislation & Regulation
Workers' Compensation
California

Boosting Underwriter Productivity Through Technology
Michael Reilly discusses how advanced technology can significantly increase the productivity of underwriters by reducing time spent on administrative tasks.
April 18, 2024
Insurance Industry
Risk Management
Technology
Underwriting
California

Soaring Home Insurance Premiums: The Hidden Cost of Climate Change
A homeowner’s discovery: rising construction costs and increasing weather-related damages drive unprecedented hikes in home insurance premiums.
April 17, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Iowa
Louisiana
North Carolina

Former Chiropractor Receives Over Half Century Sentence for Massive Workers’ Compensation Fraud
Former chiropractor sentenced to 54 years for orchestrating a $150 million workers’ compensation fraud scheme in Riverside, California.
April 16, 2024
Fraud
Insurance Industry
Litigation
Workers' Compensation
California

Unprecedented Floods of 2023 Highlight Rising Economic and Insurability Challenges in the U.S.
In 2023, the U.S. experienced several catastrophic floods, revealing critical gaps in current flood risk assessments and the growing impact of climate change.
April 16, 2024
Property
Risk Management
Technology
California
Florida

Insurance Professionals Debate Coverage for Manic-Induced Vandalism
A recent discussion in the insurance subreddit community delved into the complexities of insurance claims involving intentional acts due to manic episodes, highlighting varying interpretations and practices across the industry.
April 12, 2024
Insurance Industry
Liability
California

Congress Receives Groundbreaking Privacy Legislation Promising Stronger Consumer Rights
The new American Privacy Rights Act aims to enhance online data privacy and introduce stronger consumer protections against data misuse.
April 12, 2024
Legislation & Regulation
Technology
California
Illinois

Veteran Ferrari Mechanic Arrested on Multiple Charges Including Theft and Fraud
Donnie Callaway, a well-known mechanic specializing in vintage Ferraris, has been arrested in Arizona on charges of theft and fraud following a sting operation by a collector.
April 11, 2024
Auto
Fraud
Litigation
Property
Arizona
California

States Begin to Implement NAIC’s AI Guidelines for Insurers, Marking a New Regulatory Era
With the adoption of NAIC’s AI framework by seven states, insurers face the challenge of implementing comprehensive AI governance and risk management programs.
April 11, 2024
Insurance Industry
Legislation & Regulation
Technology
Alaska
California
Colorado
Connecticut
Illinois



