
SEC Targets NovaTech and Leaders in $650 Million Global Crypto Scheme
The SEC has charged NovaTech Ltd. and its principals with defrauding over 200,000 investors in a $650 million crypto scheme, targeting the Haitian-American community and relying on a multi-level marketing structure to solicit funds.
August 14, 2024
Fraud
Legislation & Regulation
Litigation
Technology
California
Florida
New York

Federal Authorities Probe Fatal Tesla Cybertruck Crash and Fire in Texas
The National Highway Traffic Safety Administration is gathering information on a fatal crash involving a Tesla Cybertruck in Texas but has not launched a formal investigation.
August 14, 2024
Auto
Legislation & Regulation
Litigation
Technology
Texas

Wildfire Risk Intensifies in 2024: Over 2.6 Million Homes at High Risk in the Western U.S.
As of mid-2024, wildfires have ravaged millions of acres in the U.S., with over 2.6 million homes at moderate or greater risk, emphasizing the crucial role of insurance and risk management in protecting communities.
August 13, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Arizona
California
Colorado
Hawaii
Idaho

Misconceptions Around Genetic Risk Testing and Why Life Insurers Should Embrace It
Despite its potential to revolutionize life insurance, genetic risk testing faces misconceptions that hinder adoption among both policyholders and insurers. Understanding these myths and recognizing the benefits is key to advancing personalized healthcare.
August 13, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Risk Management
Florida

Georgia’s Auto Insurance Costs Surge, Now Among the Least Affordable in the U.S.
Georgia has become one of the least affordable states for auto insurance, with rising costs driven by factors such as legal system abuse, uninsured motorists, and increased litigation, according to a recent IRC study.
August 12, 2024
Auto
Legislation & Regulation
Litigation
Risk Management
Florida
Georgia
Louisiana
Mississippi
New York

California Wildfire Survivors Protected from Insurance Cancellations by New Moratorium
A new one-year moratorium issued by California’s Insurance Commissioner prevents insurance cancellations and non-renewals for over 185,000 homeowners impacted by recent wildfires in Northern and Central California, ensuring coverage as they recover.
August 12, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California

Florida Extends Contract Rescission Period for Public Adjusters After Hurricane Debby
Following Hurricane Debby, Florida’s CFO issued an emergency order extending the period for property owners to cancel contracts with public adjusters from 10 to 30 days and implementing new regulations for adjuster conduct.
August 8, 2024
Catastrophe
Fraud
Legislation & Regulation
Property
Florida

Pioneering Program Targets Reduction in Workplace Cancer
The Canadian Cancer Society (CCS) has launched a groundbreaking initiative to reduce workplace-related cancers. They aim to fund seven innovative research projects with an investment of $1.38 million.
August 7, 2024
Legislation & Regulation
Life & Health
Risk Management
Workers' Compensation

Grid Resilience and Innovation Partnerships Program Boosts US Power Infrastructure
The Grid Resilience and Innovation Partnerships (GRIP) Program, part of the Bipartisan Infrastructure Law, aims to enhance the resilience and reliability of the U.S. power grid against extreme weather and climate change.
August 7, 2024
Catastrophe
Legislation & Regulation
Property
Technology

People Flock to Texas and Florida Despite Fire and Flood Risks
People are moving to fire- and flood-prone areas in the US, driven by migration to Texas and Florida. These states attract newcomers with low taxes and affordable housing, despite growing climate risks.
August 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Texas

Farmworkers in California Claim Retaliatory Firings for Avoiding Triple-Digit Heat
Six California farmworkers allege they were fired for leaving work early due to unsafe triple-digit temperatures, sparking investigations into potential retaliation and heat safety compliance.
August 7, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
California

Austin ISD CFO Arrested on Insurance Fraud Charges and Placed on Leave
Austin Independent School District CFO has been placed on leave following an arrest on insurance fraud charges.
August 7, 2024
Education & Training
Fraud
Legislation & Regulation
Litigation
Texas

Hurricane Debby Hits Florida’s Big Bend, Promises Severe Southeast Flooding
Hurricane Debby has made landfall in Florida’s Big Bend with maximum sustained winds of 80 mph, leading to potential historic flooding from northern Florida to the Carolinas, along with gusty winds, storm surge, and tornadoes.
August 5, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina
Virginia

Wood Pellet Plants in Southern U.S. Towns Linked to Health Issues and Pollution
Residents in predominantly Black towns like Gloster, Mississippi, report worsening health and environmental conditions since the expansion of wood pellet plants for renewable energy.
August 1, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Alabama
Arkansas
California
Louisiana
Mississippi

The Future of College Athletics Hangs in the Balance as Court Denies NCAA’s Motion to Dismiss
A recent court ruling against the NCAA’s motion to dismiss could redefine college athletes as employees, affecting their compensation and the future of college sports.
August 1, 2024
Education & Training
Legislation & Regulation
Litigation
Risk Management



