New York Reports Surge in Workers’ Comp Fraud With $2.7M Identified in 2024
Workers’ comp fraud in New York rose nearly 30% in 2024, with 14 arrests and over $1.4 million in restitution returned to agencies, insurers, and employers.
April 18, 2025
Fraud
Insurance Industry
Legislation & Regulation
Workers' Compensation
New York
Fake Medical Labs Rake in $84K Using Stolen Insurance Info from Illinois Couple
A Des Plaines couple discovered over $84,000 in fraudulent lab charges on their health insurance, highlighting a growing scheme of phantom billing and data theft in healthcare.
April 18, 2025
Fraud
Legislation & Regulation
Life & Health
Technology
Illinois
Liberty Mutual Fined $300,000 in Delaware Over False Insurance Discount Ads
Delaware regulators fined three Liberty Mutual companies $300,000 for advertising homeowners and auto insurance discounts not available to policyholders in the state.
April 15, 2025
Auto
Legislation & Regulation
Litigation
Property
Delaware
Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict
Hackers breached Morocco’s social security database, leaking personal and financial data on Telegram amid rising cyber tensions between Morocco and Algeria.
April 14, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Technology
States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns
States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14, 2025
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Arizona
California
Georgia
Kansas
Massachusetts
California Insurance Market Struggles with Rising Risks and Regulatory Limits
Despite regulatory efforts to improve conditions, California’s insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.
April 11, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
California Wildfires Push Insured Losses Past $30 Billion in Costliest Disaster Yet
Insured losses from January’s Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.
April 8, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
EU Weighs International Carbon Credits to Ease 2040 Emissions Target for Domestic Industries
The European Commission is exploring whether to count international carbon credits toward its 2040 climate goals, a shift that could ease pressure on EU-based industries.
April 7, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
How Louisiana Can Unlock Social Mobility and Reclaim the American Dream
Louisiana ranks last in social mobility, but reforms in education, licensing, taxation, and regulation offer hope for progress and a renewed path to the American Dream.
April 4, 2025
Education & Training
Insurance Industry
Legislation & Regulation
Liability
Louisiana
Georgia Insurer Challenges $22 Million Jury Verdict After Truck Crash
A Georgia insurer is refusing to pay a $22 million jury award after a truck accident, spotlighting tensions between policy limits, tort reform, and bad faith allegations.
April 4, 2025
Insurance Industry
Legislation & Regulation
Liability
Litigation
Georgia
Auto Insurance Premiums Set to Rise as Global Tariffs Drive Up Repair Costs
New global vehicle and parts tariffs are expected to drive up repair and claim costs, forcing U.S. auto insurers to implement more premium increases in 2025.
April 4, 2025
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Triple-I’s 2024 Report Showcases Advocacy Wins Media Milestones and Economic Insight
Triple-I’s 2024 Annual Report highlights record media presence, advocacy on legal system abuse, AI insights, and economic research that shaped the P/C insurance landscape.
April 4, 2025
Insurance Industry
Legislation & Regulation
Litigation
Technology
Kentucky Farmer Admits to Multi-Year Crop Insurance Fraud Using Family Names
A Taylor County farmer has pleaded guilty to falsifying crop loss claims for over $1.4 million in insurance payments, using relatives’ names to hide actual production.
April 2, 2025
Fraud
Insurance Industry
Legislation & Regulation
Property
Kentucky
Georgia Moves Closer to Tort Reform with New Restrictions on Third-Party Litigation Funding
Georgia lawmakers approved Senate Bill 69, targeting third-party litigation funding and foreign investment in lawsuits, as part of Gov. Brian Kemp’s broader tort reform effort.
March 31, 2025
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Georgia
California Raises FAIR Plan Coverage Limits to Address Insurance Gaps in Wildfire Zones
California has more than doubled commercial coverage limits under its FAIR Plan, offering relief to property owners amid insurer withdrawals and increasing wildfire threats.
March 31, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
