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North Carolina Auto Shop Owner Charged with Multiple Frauds

North Carolina Auto Shop Owner Charged with Multiple Frauds

A North Carolina auto shop owner faces serious charges including insurance fraud and car title application fraud, following a comprehensive investigation.
May 10, 2024 Auto Fraud Insurance Industry Legislation & Regulation North Carolina

Former NBA Player Glen Davis Sentenced in Health Care Fraud Scheme

Former NBA Player Glen Davis Sentenced in Health Care Fraud Scheme

Glen Davis, former NBA champion, is sentenced to 40 months for his involvement in defrauding the NBA Players’ Health and Welfare Plan.
May 10, 2024 Fraud Insurance Industry Life & Health Litigation

Progressive Reforms Alleviate Florida’s Property/Casualty Insurance Crisis

Progressive Reforms Alleviate Florida’s Property/Casualty Insurance Crisis

Florida’s property/casualty insurance landscape begins to stabilize following significant legislative reforms and a calm hurricane season, despite ongoing challenges.
May 9, 2024 Catastrophe Insurance Industry Legislation & Regulation Property Florida

Majority of Astroworld Wrongful Death Lawsuits Settled, One Remains

Majority of Astroworld Wrongful Death Lawsuits Settled, One Remains

As most Astroworld wrongful death claims reach settlements, the final pending case highlights ongoing concerns over concert safety.
May 9, 2024 Catastrophe Insurance Industry Legislation & Regulation Liability Texas

Scattered Spider Hackers Escalate Attacks on Financial and Insurance Sectors

Scattered Spider Hackers Escalate Attacks on Financial and Insurance Sectors

Scattered Spider targets leading financial institutions and insurance companies, escalating cybersecurity threats with sophisticated phishing schemes.
May 9, 2024 Fraud Insurance Industry Technology

Comprehensive Strategies in Cybersecurity Insurance for Modern Businesses

Comprehensive Strategies in Cybersecurity Insurance for Modern Businesses

Explore how businesses can bolster defenses and manage risks through innovative cybersecurity insurance solutions in a digitally driven marketplace.
May 9, 2024 Insurance Industry Risk Management Technology

Overcoming the Cost Barrier: Tackling High Insurance Premiums for Electric Vehicles

Overcoming the Cost Barrier: Tackling High Insurance Premiums for Electric Vehicles

With insurance costs for electric vehicles approximately 20% higher than for traditional cars, addressing these premiums is crucial for broader EV adoption.
May 9, 2024 Auto Insurance Industry Risk Management Technology

NYC Sees Improved Construction Safety but Faces Challenges with Rising Injuries

NYC Sees Improved Construction Safety but Faces Challenges with Rising Injuries

The latest NYC Construction Safety Report reveals a significant reduction in fatalities but an uptick in worker injuries, highlighting both progress and ongoing safety challenges in the construction sector.
May 8, 2024 Insurance Industry Property Workers' Compensation New York

Fannie Mae Clarifies Insurance Guidelines, Shifting Away from Actual Cash Value Coverage

Fannie Mae Clarifies Insurance Guidelines, Shifting Away from Actual Cash Value Coverage

Fannie Mae’s updated guidelines enforce replacement cost coverage, challenging the trend towards actual cash value for homeowners and condo insurance.
May 8, 2024 Catastrophe Insurance Industry Legislation & Regulation Property Florida Kentucky

FM Global COO Bret Ahnell Explores Property Insurance Challenges and Opportunities

FM Global COO Bret Ahnell Explores Property Insurance Challenges and Opportunities

FM Global’s COO Bret Ahnell speaks with Risk & Insurance and addresses the prolonged hard market, impacts of climate change, and the shift towards renewable energy in property insurance.
May 8, 2024 Insurance Industry Property Risk Management

Kentucky Court Rules on Rideshare Driver’s UIM Coverage in Landmark Case

Kentucky Court Rules on Rideshare Driver’s UIM Coverage in Landmark Case

In a significant ruling, the Kentucky Court of Appeals decided a Lyft driver could not collect underinsured motorist benefits from Lyft or her personal auto policy.
May 8, 2024 Auto Insurance Industry Litigation Technology Kentucky

Wegmans Reduces Litigation and Enhances Worker Recovery with AI-Enhanced Claims Management

Wegmans Reduces Litigation and Enhances Worker Recovery with AI-Enhanced Claims Management

At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
May 8, 2024 Insurance Industry Litigation Risk Management Technology Workers' Compensation New York

Adjusters Discuss Claim Volume and Workload Challenges

Adjusters Discuss Claim Volume and Workload Challenges

Insurance adjusters express concerns over increasing claim volumes and the impact on work-life balance, highlighting industry challenges.
May 7, 2024 Insurance Industry Property Technology Workers' Compensation Texas

Swiss Re Advocates for Advanced Data Utilization to Bridge the NatCat Protection Gap

Swiss Re Advocates for Advanced Data Utilization to Bridge the NatCat Protection Gap

As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
May 7, 2024 Catastrophe Insurance Industry Risk Management Technology

Mastering Risk Management for Mega Construction Projects with NFP’s Innovative Strategies

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
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