
California Wildfires Drive Record Insurance Losses and Policy Changes
Moody’s projects $30 billion in insured property losses from Los Angeles County wildfires, highlighting the challenges of insuring high-risk areas and the strain on California’s FAIR plan.
January 24, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California

New York Woman Charged with $130,000 Welfare Fraud and Insurance Scheme
A New York resident allegedly defrauded Medicaid, childcare assistance programs, and her car insurance provider by misrepresenting income and residency over several years.
January 24, 2025
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
New Jersey
New York

Health Insurance Fraud Case Resolved by Austin-Based Small Group Business
An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
January 23, 2025
Fraud
Legislation & Regulation
Life & Health
Risk Management
Alabama
Arizona
Arkansas
Florida
Louisiana

California School Board Trustee Indicted for Insurance Fraud and Misuse of Public Funds
A California school board trustee has been indicted for allegedly misusing public funds and filing a false insurance claim. A jury trial is set for March.
January 23, 2025
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California

Court Rules Sky Betting Violated Data Laws to Target Problem Gambler
A UK court found that Sky Betting and Gaming illegally profiled a gambling addict for marketing purposes, sparking further scrutiny of data practices in the gambling industry.
January 23, 2025
Legislation & Regulation
Litigation
Risk Management
Technology

U.S. Insurance Leaders Critique Treasury Report on Homeowners Coverage Trends
Industry groups criticize the Federal Insurance Office’s latest report on homeowners insurance, highlighting data flaws and an overemphasis on climate risks at the expense of other market factors.
January 22, 2025
Catastrophe
Legislation & Regulation
Litigation
Property
California
Florida
Louisiana

Reforms in Louisiana Strive to Mend Insurance Market Challenges
Despite progress through legislative reforms, Louisiana’s insurance market remains burdened by high costs, litigation, and affordability issues, requiring ongoing attention.
January 22, 2025
Auto
Legislation & Regulation
Litigation
Property
Florida
Georgia
Louisiana
North Carolina

Florida and Alabama Declare Emergencies as Rare Snowstorm Approaches
Florida and Alabama declared states of emergency as a rare snowstorm approached the region, prompting closures, emergency measures, and National Guard activation.
January 21, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Alabama
Florida

General Motors Agrees to FTC Settlement Over Driver Data Privacy Issues
General Motors will be restricted from collecting and sharing driver data for five years following an FTC settlement addressing claims of undisclosed data sales to third parties.
January 20, 2025
Legislation & Regulation
Litigation
Risk Management
Technology
Texas

Texas Accuses Allstate of Illegally Using Driver Data to Raise Insurance Rates
Texas has sued Allstate, claiming it illegally gathered sensitive driver data without consent, used it for underwriting, and sold it to third parties, violating state privacy laws.
January 14, 2025
Auto
Legislation & Regulation
Litigation
Technology
Texas

Rising Risks in Homeowners Insurance Demand Swift Action
The accelerating impacts of climate change, coupled with slow government response and human reluctance to prepare, are driving a homeowners insurance crisis in wildfire-prone states like California.
January 14, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Colorado
Florida
Hawaii
Louisiana

Billions in Losses Loom for Insurers as LA Wildfires Rage
Moody’s projects insured losses from uncontained LA wildfires to range from $10 billion to $20 billion, impacting homeowners, commercial insurers, and the E&S market amid California’s ongoing insurance challenges.
January 13, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California

Aerial Firefighting Ramps Up as California Wildfires Devastate Los Angeles
California’s Palisades Fire has consumed thousands of acres and homes, with high winds complicating firefighting efforts. Federal aid and state resources aim to assist affected residents.
January 13, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California

USDA Studies Find Elevated Health Risks for U.S. Meat Plant Workers
Two USDA studies reveal that U.S. chicken and pork plant workers face significantly higher risks of musculoskeletal disorders, raising concerns about workplace safety in the industry.
January 13, 2025
Legislation & Regulation
Liability
Risk Management
Workers' Compensation

Workplace Injuries Must Meet Specific Criteria for Compensation, Virginia WCC Rules
The Virginia Workers’ Compensation Commission denied benefits to a school bus driver, emphasizing that injuries caused by simple acts like walking are not automatically compensable.
January 8, 2025
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Virginia



