
Workers’ Compensation Outpaces P&C Lines with Sustained Profitability and Low Claims Frequency
Workers’ compensation continues to boost the property and casualty insurance industry with an 88.7 combined ratio in 2023, driven by reduced claims frequency, workplace safety, and competitive market conditions.
September 23, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation

NFL Teams Losing Millions in Cap Space by Skipping Insurance on Star Quarterbacks
The Aaron Rodgers injury and Jets’ decision to skip insurance on his contract highlight how NFL teams can lose significant cap space and insurance proceeds when failing to protect high-value players.
September 18, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
California
Florida
New York
Ohio
Pennsylvania

Lawmakers Push for UI Fraud Prevention While Improving Equity and Access
In response to pandemic-era unemployment fraud, lawmakers propose solutions to improve fraud prevention and equity in UI systems, leveraging technology and data-sharing practices.
September 18, 2024
Fraud
Insurance Industry
Legislation & Regulation
Technology
Alabama
Kentucky
New Jersey
Vermont

Cyber Attacks on U.S. Utilities Soar by 70 Percent, Experts Warn of Rising Threat
Cyber attacks on U.S. utilities have surged nearly 70 percent this year, exposing vulnerabilities in outdated software and expanding infrastructure. Experts warn a large-scale attack could cripple essential services.
September 13, 2024
Catastrophe
Legislation & Regulation
Risk Management
Technology
California

Florida Home Inspector Accused of Reusing Photos in 200+ Insurance Inspections, Costing $88,000
A Florida home inspector is accused of using identical stock photos in over 200 inspections, costing Citizens Property Insurance Corp. thousands in fraudulent premiums and reinspection costs.
September 13, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs
The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024
Fraud
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Illinois
Minnesota

Silica Dust Exposure Drives Enforcement and Mitigation Actions Across States
Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.
September 11, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
California
Illinois

Hawkins Inc. Resolves Hazardous Waste Violations With $51,158 Penalty and Emergency Equipment Donations
Hawkins Inc. of Iowa will pay $51,158 in penalties and provide emergency response equipment after the EPA found violations of hazardous waste management regulations under the Resource Conservation and Recovery Act.
September 11, 2024
Legislation & Regulation
Litigation
Property
Risk Management
Iowa

Tropical Storm Francine Set to Become Hurricane, Targeting Gulf Coast with Storm Surge and Heavy Rain
Tropical Storm Francine is forecast to strengthen into a hurricane before making landfall along the Gulf Coast, bringing dangerous storm surge, heavy rain, and potential flooding to parts of Louisiana and Texas by midweek.
September 9, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Louisiana
Mississippi
Texas

DOJ Intervenes in First Cybersecurity False Claims Case Against DoD Contractors
The Department of Justice filed its first False Claims Act lawsuit under the Civil Cyber-Fraud Initiative, targeting contractors accused of noncompliance with DoD cybersecurity requirements.
September 5, 2024
Legislation & Regulation
Litigation
Risk Management
Technology
Georgia

X Faces Class Action Over Alleged Age Discrimination in Mass Layoffs
A federal judge has allowed roughly 150 former workers over age 50 to pursue a class action lawsuit against X, alleging age discrimination in the company’s 2022 mass layoffs under Elon Musk’s ownership.
September 5, 2024
Insurance Industry
Legislation & Regulation
Litigation
Workers' Compensation
California

Roofers Under Fire for Acting as Unlicensed Adjusters After Iowa Sting Operation
Iowa’s Insurance Division issued cease-and-desist orders against four roofers for acting as unlicensed public adjusters, sparking debate on whether contractors can assist homeowners with their insurance claims. The state’s crackdown highlights growing concerns over fraud and misrepresentation in the wake of frequent windstorms and natural disasters.
September 4, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
Iowa

Financial Crisis Looms Over NYC’s Largest Taxi Insurer, American Transit
American Transit Insurance Co., a key insurer for NYC taxis and rideshare vehicles, faces insolvency, risking disruption for tens of thousands of drivers as regulators consider intervention.
September 4, 2024
Auto
Legislation & Regulation
Litigation
Risk Management
New York

General Contractors and Nondelegable Duties in Florida
General contractors in Florida face growing legal hurdles in apportioning fault to subcontractors due to the nondelegable duty of supervision, with courts increasingly placing full liability on the contractor.
September 4, 2024
Legislation & Regulation
Litigation
Property
Risk Management
Florida

Property and Casualty Insurers: Pioneers in Ethical AI Adoption
The Insurance Information Institute’s white paper emphasizes the crucial role of property and casualty insurers in leading the ethical development and application of artificial intelligence.
September 3, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology



