
Rising Demand and High-Risk Trends Reshape the Construction Industry
John Posa highlights the growth in construction projects and the increasing challenges from defect claims and litigation risks.
April 17, 2024
Insurance Industry
Litigation
Property
Risk Management
Texas

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

Insurance Providers Drive Sustainability with Green Home Discounts and Coverage
Promoting sustainable living through insurance discounts and coverage for eco-friendly homes and technologies.
April 16, 2024
Insurance Industry
Property
Risk Management
Technology

DOJ Set to Launch Antitrust Lawsuit Against Ticketmaster Over Monopoly Concerns
The Department of Justice prepares to file an antitrust lawsuit against Live Nation, amid allegations of monopolistic practices in ticket sales.
April 16, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Minnesota

Former MLB Player Charged in Staged Car Crash Insurance Fraud Case in Florida
Yuniesky Betancourt, former MLB shortstop, is charged with insurance fraud after allegedly staging a car crash to claim false injuries, facing up to 10 years in prison if convicted.
April 16, 2024
Auto
Fraud
Insurance Industry
Legislation & Regulation
Florida

Insurance Industry Debates the Reliability and Future of Catastrophe Modeling
As natural disasters continue to increase insurance losses, industry leaders question the current reliance on catastrophe models for risk assessment.
April 15, 2024
Catastrophe
Insurance Industry
Risk Management
Technology

Supreme Court Extends Arbitration Exemption to All Transportation Workers Regardless of Industry
In a significant ruling, the Supreme Court decided that truck drivers do not need to be in the transportation industry to be exempt from arbitration under the Federal Arbitration Act.
April 15, 2024
Insurance Industry
Legislation & Regulation
Litigation

Homeowners Insurance Costs Skyrocket Unnoticed by Official Inflation Figures
Homeowners insurance rates have surged by 50% since 2019, exacerbating the financial burden on homeowners, yet this rise is missing from CPI calculations.
April 15, 2024
Catastrophe
Insurance Industry
Property
Risk Management

Concerns Rise Over Sufficient D&O Insurance Rates Amid Falling Premiums
With D&O insurance premiums on a downturn and economic pressures intensifying, the industry faces challenges in maintaining adequate coverage levels.
April 15, 2024
Insurance Industry
Liability
Risk Management
Underwriting

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

Veteran Insurance Adjusters Express Concern Over Industry Practices and Integrity Issues
Seasoned insurance adjusters and industry professionals raise alarms about declining integrity and growing dissatisfaction within the insurance sector.
April 12, 2024
Fraud
Insurance Industry
Property
Technology
Georgia

Florida Peninsula Insurance Announces Rate Decrease Amid Legislative Reforms
In the wake of legislative changes, Florida Peninsula Insurance has announced a 2% reduction in premiums for homeowners and condo policies starting in July.
April 11, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida

Insurance Fraud Scheme Uncovered in Florida Involving Homeowner and Public Adjuster
In Florida, a fraudulent insurance claim scheme involving a falsified homeowner signature has led to the arrest of two individuals.
April 11, 2024
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Florida

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

Supreme Court Sets New Standard for Public Officials’ Social Media Use and First Amendment Rights
The Supreme Court’s Lindke v. Freed decision provides crucial guidance on distinguishing between personal and official social media use by public officials.
April 11, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Michigan



