Florida Property Insurers Return to Profit in 2024 After Eight-Year Losing Streak
Following legislative reforms and shifting market dynamics, Florida’s personal property insurers posted underwriting profits in 2024 for the first time in nearly a decade.
June 4, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida
Mondelez Sues Aldi Over Lookalike Packaging for Store-Brand Cookies and Crackers
Mondelez International has filed a federal lawsuit in Illinois accusing Aldi of copying the packaging of iconic snacks like Oreos and Wheat Thins, citing brand confusion and trademark infringement.
June 4, 2025
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Illinois
NOAA Pushes to Fill Weather Forecasting Gaps as Staffing Crisis Collides with Hurricane Season
NOAA will post mission-critical weather jobs despite a federal hiring freeze, aiming to stabilize forecasting operations ahead of a hurricane season forecast to be severe.
June 4, 2025
Catastrophe
Legislation & Regulation
Risk Management
Technology
Over 1,000 Former Rugby Players Sue Over Concussion-Related Brain Injuries
A growing group of former professional rugby players now totals over 1,100 in a lawsuit alleging negligence by rugby governing bodies in preventing brain injuries.
June 4, 2025
Legislation & Regulation
Life & Health
Litigation
Risk Management
New England Patriots Reach $2.1 Million Settlement Over Alleged Privacy Violations in App Use
A federal court has preliminarily approved a $2.1 million class-action settlement with the New England Patriots over alleged privacy violations tied to app user tracking tools.
June 2, 2025
Insurance Industry
Legislation & Regulation
Litigation
Technology
Massachusetts
Fishermen Face Rising Safety Risks as Federal Training Programs Lose Funding
Federal budget cuts threaten safety training programs for fishing, farming, and logging workers—among the nation’s most dangerous jobs—potentially leaving crews at greater risk.
June 2, 2025
Catastrophe
Education & Training
Legislation & Regulation
Risk Management
Alaska
Florida
Iowa
Maine
Massachusetts
Google Commits $500 Million to Strengthen Compliance in Shareholder Settlement
Google will invest $500 million over 10 years to overhaul its compliance structure, settling shareholder litigation tied to antitrust claims without admitting wrongdoing.
June 2, 2025
Legislation & Regulation
Litigation
Risk Management
Technology
California
District Of Columbia
Michigan
Storm Surge Risk Threatens Billions in Coastal Property Value Across 20 States
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
June 2, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Connecticut
Delaware
District Of Columbia
Florida
CMS Expands Section 111 Reporting to Include Voluntary WCMSA Data for Workers’ Compensation Claims
Beginning April 4, 2025, CMS requires Responsible Reporting Entities to include available WCMSA data in Section 111 reports for workers’ compensation settlements involving Medicare beneficiaries.
June 2, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Connecticut Bans AI Claim Denials and Caps Rate Hikes in Sweeping Health Insurance Reform
Connecticut’s Senate Bill 10 curbs AI-driven claim denials, tightens rate hike rules, and expands patient protections, with major reforms taking effect October 1, 2025.
May 28, 2025
Insurance Industry
Legislation & Regulation
Life & Health
Technology
Connecticut
Louisiana Lawmakers Push Through Major Tort Reforms Targeting Legal System Abuse
Five tort reform bills passed in Louisiana aim to reduce legal system abuse, lower insurance premiums, and establish fairer standards for civil litigation and auto claims.
May 28, 2025
Auto
Insurance Industry
Legislation & Regulation
Litigation
Louisiana
Texas Faces Critical Flood Insurance Gap as Risk Rises Statewide
A new report by Neptune Flood highlights Texas’s escalating flood risk and the urgent need to close the state’s massive and growing insurance coverage gap.
May 21, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Texas
Warner Robins Insurance Agent Charged with Bank Fraud over Misuse of $220K in Client Funds
A former Alfa Insurance agent in Warner Robins faces federal charges for allegedly directing a client to withdraw $220K, which he used to pay others’ insurance premiums.
May 20, 2025
Fraud
Insurance Industry
Legislation & Regulation
Property
Georgia
Connecticut Moves Swiftly to Block Massive Spike in Workers’ Compensation Insurance Rates
Facing a 235% hike in workers’ compensation premiums after a court ruling, Connecticut lawmakers passed urgent legislation to stabilize insurance costs for employers statewide.
May 20, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Connecticut
Millions of Homes Unprotected as Climate-Driven Insurance Costs Soar
New research shows insurance protects against climate disasters, but millions of flood-prone homes remain uninsured as premiums climb beyond affordability.
May 20, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Kentucky
Louisiana
New York
