
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

DoorDash Launches Benefits Program for Pennsylvania Couriers, Offering Savings Contributions
DoorDash introduces a limited-time pilot program in Pennsylvania, providing delivery couriers with contributions to individual savings accounts for benefits like health insurance and retirement.
April 9, 2024
Insurance Industry
Legislation & Regulation
Technology
Workers' Compensation
California
New York
Pennsylvania

Easter Sunday Heist in Los Angeles Nets Thieves $30 Million from Sylmar Money Vault
In a daring Easter Sunday burglary, a skilled crew infiltrated a San Fernando Valley cash storage facility, making off with up to $30 million.
April 9, 2024
Fraud
Weird
California

Surging Dog-Related Injury Claims Highlight the Need for Owner Education and Pet Training
Dog-related injury claims have surged to $1.12 billion in 2023, underscoring the importance of pet education and training to curb this rising trend.
April 9, 2024
Education & Training
Insurance Industry
Liability
Property
California
Florida
Texas

Insurers and Consumers Face Growing Legal Costs Amid Social Inflation
Innovative legal tactics and social inflation are driving up insurance premiums and contributing to a hidden ’tort tax’ for American households.
April 5, 2024
Auto
Insurance Industry
Legislation & Regulation
Property
California
Florida
Indiana
Kentucky
Louisiana

Tackling the Rising Threat of Snow Melt Flooding
With snow melt floods posing a growing threat in the U.S., insurance experts highlight the importance of adequate coverage and mitigation strategies.
April 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
California
Illinois
Iowa
Kentucky



