
Wood Pellet Plants in Southern U.S. Towns Linked to Health Issues and Pollution
Residents in predominantly Black towns like Gloster, Mississippi, report worsening health and environmental conditions since the expansion of wood pellet plants for renewable energy.
August 1, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Alabama
Arkansas
California
Louisiana
Mississippi

Florida Cat Fund May See Increased Bond Issuance Amid Active 2024 Hurricane Season
Florida’s 2024 hurricane season, expected to be highly active, may lead to additional bond issuance for the Florida Hurricane Catastrophe Fund (FHCF) while Citizens Property Insurance Corporation is less likely to require new debt.
August 1, 2024
Catastrophe
Insurance Industry
Litigation
Property
Florida

Insurance Executive Pleads Guilty to $1.5 Million Fraud Scheme
James Keating pleads guilty to defrauding Allied World Insurance Company of nearly $1.5 million. Keating, a former Assistant Vice President and surety bond claims handler, carried out the fraud while working for Allied World and later U.S. Fire Insurance Company.
July 31, 2024
Fraud
Insurance Industry
Liability
Litigation
Connecticut
Pennsylvania

Dollywood Visitors Navigate Floodwaters During Torrential Downpour
Visitors wade through knee-deep water as Dollywood floods due to a torrential downpour.
July 31, 2024
Catastrophe
Insurance Industry
Liability
Risk Management
Tennessee

Gulf Coast Residents Urged to Monitor Developing Tropical Wave
Meteorologists caution Gulf Coast residents about a potential tropical cyclone forming in the Atlantic as the 2024 hurricane season intensifies.
July 30, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida

Man Faces Charges in Houston Roofing Fraud Case
A Galveston County, Texas man is charged with felony criminal mischief for allegedly damaging a roof to file a fraudulent storm damage insurance claim, authorities report.
July 30, 2024
Fraud
Insurance Industry
Litigation
Property
Texas

Alabama Woman Charged with Defrauding College and Local Businesses of Thousands
An Alabama woman faces charges for allegedly defrauding insurance companies, a local community college, and businesses of approximately $77,000, according to a Houston County Grand Jury indictment.
July 30, 2024
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Alabama

California’s Park Fire Among Largest in State History, Consuming Nearly Half the Size of Rhode Island
The Park Fire in Northern California has grown to over 383,000 acres, making it the fifth-largest wildfire in state history, affecting four counties and threatening thousands of structures.
July 30, 2024
Catastrophe
Insurance Industry
Litigation
Property
California

Simplifying Insurance with IoT: A Streamlined Future
IoT technology is poised to simplify insurance by enhancing data integration, improving risk analysis, and overcoming workforce challenges, ultimately protecting people and businesses more effectively.
July 30, 2024
Auto
Insurance Industry
Risk Management
Technology

Insurance Industry Faces Record-High Claims Costs Due to Legal System Abuse
Legal system abuse, including frivolous lawsuits and inflated claims, significantly raises insurance claims costs, impacting policyholders, insurers, and agents, as highlighted by Triple-I.
July 30, 2024
Insurance Industry
Liability
Litigation
Risk Management

Take-Two Interactive Identifies Negative Review Campaigns as Major Risk
Take-Two Interactive’s SEC filing highlights various risks including negative review campaigns, which could result in loss of players, revenue, and increased marketing costs.
July 29, 2024
Insurance Industry
Litigation
Risk Management
Technology

Former Adjuster Admits to $268K Auto Insurance Fraud Scheme
A former claims adjuster from Aurora has confessed to stealing over $268,000 from her employer by filing fraudulent auto insurance claims, resulting in felony theft charges for her and two accomplices.
July 29, 2024
Auto
Fraud
Insurance Industry
Litigation
Colorado
Florida

Atrium Health Sued for Alleged Breach of Medicare Program Contract
ApexHealth is suing Atrium Health, claiming a breach of contract related to a Medicare Advantage program, resulting in losses exceeding $62 million.
July 29, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Litigation
North Carolina

Maryland Woman Faces Charges for Alleged $180K Insurance Fraud
A Maryland woman is accused of filing fraudulent insurance claims worth over $180,000, using false damage photos and documents in her submissions to USAA.
July 29, 2024
Fraud
Insurance Industry
Litigation
Property
Maryland

Homeowners Face 21% Insurance Premium Increase, Climate Change Cited as Major Factor
Homeowners insurance premiums surged by 21% from May 2022 to May 2023, largely due to severe weather events driven by climate change, leaving many homeowners with limited options.
July 29, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Colorado
Florida
Idaho
Louisiana



