Authorities in Miami-Dade County charge six individuals with orchestrating a staged crash insurance fraud scheme following an undercover operation in the Miami area.
May 31 Fraud Insurance Industry Legislation & Regulation Litigation Florida

Donovan Young, Aaron Young, and James Hoffman face up to 20 years in federal prison for their involvement in a wire fraud conspiracy defrauding home improvement stores.
May 31 Fraud Legislation & Regulation Litigation Property South Carolina

Dennis S. Lepka, Jr. was sentenced to six and a half years in federal prison for orchestrating a fraudulent real estate scheme, targeting vulnerable communities and causing significant financial losses.
May 31 Fraud Legislation & Regulation Litigation Property North Carolina South Carolina

Sun Life’s 2024 report reveals rising healthcare costs, with cancer and cardiovascular diseases leading high-cost claims. The analysis includes new high-cost injectable drugs and strategic recommendations for employers.
May 31 Legislation & Regulation Life & Health Risk Management Technology

Chief Risk Officers (CROs) in life insurance will play a broader strategic role as insurers face complex challenges.
May 31 Legislation & Regulation Life & Health Risk Management Technology

The emergence of 6-methyl nicotine in vapes, more potent than traditional nicotine, poses regulatory challenges as the FDA and researchers seek to understand its health impacts.
May 30 Insurance Industry Legislation & Regulation Life & Health Technology Colorado

The potential federal reclassification of marijuana may affect liability insurance coverage, necessitating careful review of policy exclusions and legal compliance for businesses in the marijuana industry.
May 30 Insurance Industry Legislation & Regulation Liability Risk Management

A Montana plumber was sentenced to five years in prison, suspended for five years of probation, and a 30-day term of house arrest for presenting a falsified insurance certificate.
May 29 Fraud Insurance Industry Legislation & Regulation Litigation Montana

David Garrett Manion of Lafayette, Tennessee, has been sentenced to 3 years and 6 months in federal prison for defrauding the federal crop insurance program. The scheme, which took place from 2016 to 2022, also resulted in a restitution order of $3.5 million.
May 29 Fraud Legislation & Regulation Litigation Risk Management Kentucky Tennessee

The Occupational Safety and Health Administration announced a comprehensive revision of its Hazard Communication Standard, aiming to better align it with the United Nations’ Globally Harmonized System of Classification.
May 29 Education & Training Insurance Industry Legislation & Regulation Risk Management Michigan Missouri New York

The Government Accountability Office has warned that the Environmental Protection Agency has yet to implement a comprehensive cybersecurity risk assessment process, a recommendation first made in 2019.
May 28 Legislation & Regulation Life & Health Risk Management Technology

Florida’s property insurance market is beginning to stabilize thanks to new legislation aimed at reducing litigation and increasing market competition, following years of hurricane-induced losses and financial struggles.
May 28 Catastrophe Legislation & Regulation Property Risk Management Florida

Starting in 2025, Michigan blueberry farmers will benefit from enhanced crop insurance coverage, tailored to protect against specific natural events impacting different blocks and varieties of their crops.
May 28 Insurance Industry Legislation & Regulation Risk Management Michigan

The National Transportation Safety Board has urged federal and state authorities to review inspection reports and address maintenance issues for bridges made of uncoated weathering steel, following the 2022 Fern Hollow Bridge collapse in Pittsburgh.
May 28 Legislation & Regulation Liability Risk Management Technology Pennsylvania

Twin pain management doctors in Texas confessed to a $45 million healthcare fraud involving fake corticosteroid injections, facing up to 10 years in prison.
May 23 Fraud Insurance Industry Legislation & Regulation Litigation Texas

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