Ghost policies, a type of fraudulent workers’ comp coverage, are leaving businesses and employees exposed to high risks, especially in states where such policies remain legal.

Authorities in California have charged four individuals in a $100 million workers’ compensation fraud scheme involving illegal referrals, fraudulent billing, and medical providers, following a three-year investigation.

California introduces its first community-based flood program in Isleton, offering payouts to residents in flood zones when water levels hit specific thresholds, enhancing climate resilience.

New York general hospitals must now comply with cybersecurity regulations aimed at protecting patient data, requiring risk assessments, staff training, and incident reporting within 72 hours of a breach.

Florida’s Emergency Rule 69BER24-4 introduces stricter ethical guidelines and transparency requirements for all insurance adjusters, particularly impacting public adjusters, with the aim of reducing unethical practices in the claims process.

As AI’s influence in advertising grows, both large and small businesses face new liability risks, especially in relation to Commercial General Liability policies. Insurers must prepare for emerging challenges, including chatbot misuse and privacy breaches.

Despite rising incomes, Louisiana remains the least affordable state for personal auto coverage across the South and U.S., with premiums nearly 40% above the national average.

Despite concerns from rating agencies, industry experts assure that Florida’s home insurance market has enough reinsurance and financial resilience to withstand additional hurricanes this season.

Property insurance claims from Hurricane Milton have reached 123,000, triggering concerns over reinsurance price hikes and higher property insurance rates in Florida, where losses are estimated at $1.5 billion so far.

A recent study highlights how removing federal subsidies from climate-vulnerable areas can reduce development, increase flood resilience, and generate savings, while emphasizing the challenges of balancing housing demand with disaster risk.

A 2024 federal appeals court ruling clarifies that employers can be held liable for harassment originating from personal social media posts that affect the workplace, emphasizing the need for clear guidelines.

Hurricane Milton brought intense winds, widespread destruction, and left millions without power in Florida. While storm surge impacts were less severe than anticipated, damage to homes, power lines, and infrastructure is widespread.

Despite recent hurricane challenges, Florida’s property insurance market is showing resilience, with reforms leading to rate reductions, new insurer entries, and declining reinsurance costs in 2024.

Florida’s CFO Jimmy Patronis has introduced an emergency rule to improve the claims adjustment process, requiring adjusters to disclose changes to damage estimates and provide detailed explanations for any modifications, ensuring transparency for insurance policyholders.

Hurricane Helene, a Category 4 storm, caused catastrophic flooding and destruction from Florida’s coast to the Southern Appalachians. Research shows climate change intensified its rainfall, winds, and flooding risks.