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Insurers Refuse to Cover Meta in Lawsuits Over Alleged Social Media Addiction

Meta is locked in a legal dispute with insurers including Hartford and Chubb, who argue they’re not obligated to cover defense costs tied to social media addiction claims.
July 28, 2025 Insurance Industry Liability Litigation Technology California Delaware

NYC Taxis Use Surveillance Technology to Fight Back Against Insurance Fraud

With taxi fraud costing NYC $1 billion annually, a new initiative is equipping cabs with surveillance cameras to deter scams and lower costs for drivers and insurers.
July 25, 2025 Auto Fraud Insurance Industry Technology California New York

California Wildfire Claims Could Drain $21 Billion Insurance Fund Amid Investigation

As insurance losses from the Eaton Fire mount, California’s wildfire fund faces depletion, with scrutiny intensifying over Southern California Edison’s potential liability.
July 25, 2025 Catastrophe Litigation Property Subrogation California

Clorox Sues Cognizant Over Password Failures in 2023 Cyberattack

Clorox claims Cognizant failed basic security protocols, allowing hackers to access its network during a 2023 cyberattack that led to $380 million in damages.
July 23, 2025 Insurance Industry Litigation Risk Management Technology California

Mother and Son Sentenced to Prison for $150K Inmate Unemployment Fraud Scheme

A Modesto man and his mother from Turlock were sentenced for using prison inmates’ identities to steal over $150,000 in fraudulent pandemic unemployment claims.
July 21, 2025 Fraud Insurance Industry Legislation & Regulation Litigation California

Former Insurance Executive Admits Role in Fraud That Led to Collapse of Two Companies

Jasbir Thandi admitted to falsifying financial records and misappropriating funds, resulting in over $20 million in losses and the failure of two insurance carriers.
July 21, 2025 Fraud Insurance Industry Legislation & Regulation Litigation California Texas Vermont

U.S. Wildfires and Storms Push Global Insured Catastrophe Losses to $100 Billion in First Half of 2025

Aon’s midyear catastrophe recap shows $100 billion in insured losses—second-highest ever—driven by U.S. wildfires, convective storms, and a costly earthquake in Myanmar.
July 17, 2025 Catastrophe Insurance Industry Property Risk Management California Missouri

Reinsurance Market Turns Favorable for Buyers as Capital Surges in Midyear 2025 Renewals

Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.
July 10, 2025 Catastrophe Litigation Property California Florida

Lululemon Sues Costco Over Lookalike Apparel Alleging Consumer Confusion

Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.
July 7, 2025 Insurance Industry Liability Litigation Risk Management California

How to Manage Property Risk in 2025 with Smarter Valuation and Technology

As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
July 7, 2025 Catastrophe Property Risk Management Technology California Florida

Cyber Risk and Technology Trends Reshaping Business Resilience in 2025

Executives’ cyber risk awareness is climbing, yet a misplaced confidence in cyber resilience persists amid escalating threats and geopolitical instability.
June 30, 2025 Legislation & Regulation Liability Risk Management Technology California

Auto Claims Profitability Improves Amid Rising Casualty Costs and Trade Issues

Insurance industry sees auto physical damage profitability recover, while casualty sectors grapple with increased medical inflation and social verdicts.
June 25, 2025 California Colorado Florida Illinois New Jersey

Federal Judge Rules Anthropic’s Book Use Fair but Piracy Still Faces Penalty

A San Francisco federal judge declares Anthropic’s AI book training fair use, yet rules storing millions of pirated copies illegal, setting stage for potential damages.
June 25, 2025 Legislation & Regulation Litigation Risk Management Technology California

Why Florida, Texas, and California Lead the Nation in Lightning Insurance Claims

Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.
June 24, 2025 Catastrophe Insurance Industry Property Risk Management California Florida Texas

Three Arrested in California Farmhouse Arson and $200K Insurance Fraud Scheme

Federal, state and local investigators allege three men—including a municipal vice mayor and a school board trustee—set a Northern California farmhouse ablaze and filed false insurance claims to net $200,000.
June 23, 2025 Fraud Insurance Industry Litigation Property California
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