
Boy Faces Open Heart Surgery After Drone Strikes During Orlando Holiday Event
A 7-year-old boy is recovering from open-heart surgery after being struck by a drone during a holiday show at Lake Eola in Orlando, prompting an FAA investigation into the incident.
December 23, 2024
Legislation & Regulation
Liability
Risk Management
Technology
Florida

US Watchdog Targets Major Banks Over Alleged Fraud on Zelle Payment App
The Consumer Financial Protection Bureau has sued JPMorgan Chase, Bank of America, and Wells Fargo, alleging insufficient protections against fraud on the Zelle payment platform, impacting consumers nationwide.
December 20, 2024
Fraud
Legislation & Regulation
Litigation
Technology

Chicago Restaurant Group to Pay $125K in Back Wages for Overtime Violations
A family-operated restaurant group in Chicago must pay $125,000 in overtime back wages and damages to 53 employees following a Department of Labor investigation and court order.
December 20, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Illinois

South Florida Buildings Face Risks from Coastal Subsidence Hotspots
Recent satellite studies reveal ground sinking up to 8 cm in parts of Miami Beach, Sunny Isles Beach, and Surfside, potentially impacting structural stability of buildings.
December 19, 2024
Legislation & Regulation
Property
Risk Management
Technology
Florida

Amazon Braces for Strike Threats During Peak Holiday Season
Teamsters union members in multiple cities threaten a pre-Christmas strike, pressuring Amazon to negotiate amid labor disputes over unionization and workplace rights.
December 19, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Alabama
California
Georgia
Illinois
New York

CVS Faces Federal Lawsuit Over Alleged Opioid Dispensing Missteps
The DOJ alleges CVS pharmacies knowingly dispensed opioids unsafely, ignoring red flags and understaffing stores, as part of a whistleblower suit under the False Claims Act.
December 19, 2024
Fraud
Legislation & Regulation
Litigation
Risk Management
Rhode Island
Tennessee
Texas

Insurance Industry Prioritizes Human-Centered AI for Ethical Innovation
At Triple-I’s 2024 Joint Industry Forum, experts highlighted AI’s transformative potential while stressing ethical implementation, collaboration, and regulatory preparedness.
December 19, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology

North Dakota Grants Key Approval for Midwest CO2 Pipeline Storage
North Dakota regulators approved permits for underground carbon dioxide storage, a critical step for Summit Carbon Solutions’ Midwest pipeline project, despite ongoing opposition.
December 19, 2024
Legislation & Regulation
Property
Risk Management
Technology
Iowa
Minnesota
Nebraska
North Dakota
South Dakota

Senate Report Blames Climate Change for Insurance Challenges as Industry Pushes Back
The Senate Budget Committee attributes rising non-renewal rates to climate change, but insurance experts highlight other drivers like inflation, litigation, and overbuilding.
December 19, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Hawaii
Louisiana
Massachusetts

OSHA Proposes $328,545 Fine for New Jersey Contractor Over Fall Hazard Violations
Federal workplace safety officials allege that a New Jersey contractor repeatedly violated safety standards at three sites, citing willful and serious fall-related hazards.
December 18, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
New Jersey
New York
Pennsylvania

Advocacy Groups Push for FIO to Release Critical Home Insurance Data
Consumer and environmental groups urge the Federal Insurance Office to release nationwide homeowners insurance data collected by NAIC to address the evolving insurance crisis linked to climate risks.
December 18, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management

NC Supreme Court Rules COVID Shutdowns Caused Physical Loss for Restaurants
The North Carolina Supreme Court diverged from most courts, finding that COVID-19 shutdowns constituted direct physical loss for restaurants under certain insurance policies.
December 18, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
New Hampshire
North Carolina

Iowa Roofing Company Barred from Acting as Unlicensed Public Adjuster
Darren Reeves Roofing is ordered to cease unlicensed public adjuster services, including negotiating insurance claims or offering advice on insurance contracts, following a consent order in Iowa.
December 16, 2024
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Iowa

New York Explores Forcing Property Insurers to Cover Taxi Insurance Shortfalls
New York is considering a levy on property insurers to address a taxi insurer’s insolvency, sparking debate among state officials, drivers, and the insurance industry.
December 13, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
New York

Senator Pushes FCC Cybersecurity Rules After Major Telecom Hack
In the wake of the Salt Typhoon hack, Senator Ron Wyden introduces the Secure American Communications Act to strengthen telecom cybersecurity regulations and protect U.S. networks.
December 12, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology



