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Florida’s Property Insurance Market Shows Signs of Stabilization in 2024

Florida’s Property Insurance Market Shows Signs of Stabilization in 2024

The Florida Office of Insurance Regulation reports a downward trend in property insurance rates for 2024, indicating market stabilization due to recent reforms.
May 21, 2024 Insurance Industry Legislation & Regulation Property Risk Management Florida Georgia Hawaii Louisiana

Woman Indicted on 51 Fraud Counts Over False Property Ownership Claims

Woman Indicted on 51 Fraud Counts Over False Property Ownership Claims

A Georgia woman was indicted on 51 counts of fraud for filing false property claims in Virginia, including Indiantown Park and historic Eyre Hall.
May 21, 2024 Fraud Legislation & Regulation Litigation Property Georgia Virginia

Illinois Roofing Contractor Pays $365K in Penalties After Labor Department Seizes Assets

Illinois Roofing Contractor Pays $365K in Penalties After Labor Department Seizes Assets

An Illinois roofing company has finally paid $365,576 in fines and interest after the Department of Labor seized its assets for repeatedly endangering employees.
May 21, 2024 Legislation & Regulation Liability Litigation Risk Management Illinois Wisconsin

Elderly Arizona Woman Sentenced to Prison for Insurance Fraud

Elderly Arizona Woman Sentenced to Prison for Insurance Fraud

A 72-year-old woman from Green Valley, Arizona, has been sentenced to 21 months in prison and ordered to pay restitution for defrauding elderly clients in an insurance scam.
May 21, 2024 Fraud Insurance Industry Legislation & Regulation Litigation Arizona

Ohio Faces Growing Threat from Insurance Enrollment Fraud

Ohio Faces Growing Threat from Insurance Enrollment Fraud

Insurance enrollment fraud is leaving vulnerable Ohioans without proper coverage, prompting calls for urgent government intervention to protect patients.
May 21, 2024 Fraud Insurance Industry Legislation & Regulation Life & Health Ohio

Florida’s $3 Billion Insurance Bailout Largely Untouched, Industry Shows Signs of Recovery

Florida’s $3 Billion Insurance Bailout Largely Untouched, Industry Shows Signs of Recovery

Despite a $3 billion fund set aside to stabilize Florida's property insurance market, most of the money remains unused, though there are modest signs of market improvement amid ongoing high costs and insurer challenges.
May 20, 2024 Catastrophe Insurance Industry Legislation & Regulation Property Florida

AI Startup Lovo Sued for Allegedly Using Actors’ Voices Without Consent

AI Startup Lovo Sued for Allegedly Using Actors’ Voices Without Consent

Berkeley-based AI firm Lovo faces a class action lawsuit from voice actors Paul Lehrman and Linnea Sage, who allege their voices were used without permission for the company's AI generator, Genny.
May 20, 2024 Fraud Legislation & Regulation Litigation Technology California New York

2024 Product Recall Insights: Trends and Predictions for US Industries

2024 Product Recall Insights: Trends and Predictions for US Industries

The 2024 State of the Nation Recall Index report by Sedgwick highlights key trends, statistics, and predictions in product recalls across US industries, including pharmaceuticals, consumer products, automotive, medical devices, and food and drink.
May 17, 2024 Auto Insurance Industry Legislation & Regulation Technology Michigan Minnesota

NJ Supreme Court Rules Electric Scooter Riders Not Covered by Insurance

NJ Supreme Court Rules Electric Scooter Riders Not Covered by Insurance

New Jersey Supreme Court rules that low-speed electric scooter riders are not considered pedestrians under state insurance law, denying them personal injury protection coverage.
May 17, 2024 Auto Legislation & Regulation Liability Litigation New Jersey

South Carolina Saloon Shutters Amid Liquor Liability Law Pressures

South Carolina Saloon Shutters Amid Liquor Liability Law Pressures

The Blind Horse Saloon in Greenville, South Carolina, closes its doors after 29 years, citing the burden of the state's stringent liquor liability insurance laws as the primary reason.
May 16, 2024 Insurance Industry Legislation & Regulation Liability Litigation South Carolina

Tesla Faces Class-Action Lawsuit Over Autopilot Claims

Tesla Faces Class-Action Lawsuit Over Autopilot Claims

A federal judge has allowed a class-action lawsuit to proceed against Tesla over its Autopilot and Full-Self Driving (FSD) claims, alleging customers were misled about the technology's capabilities.
May 16, 2024 Auto Fraud Legislation & Regulation Litigation Technology California

2024 Drug Testing Index Unveils Increasing Drug Positivity Rates Among American Workers

2024 Drug Testing Index Unveils Increasing Drug Positivity Rates Among American Workers

Quest Diagnostics releases a detailed analysis of drug use trends in the workplace, highlighting key data and prevention strategies for employers.
May 15, 2024 Insurance Industry Legislation & Regulation Workers' Compensation

New Dell Data Breach Exposes Additional Customer Details Including Phone Numbers and Emails

New Dell Data Breach Exposes Additional Customer Details Including Phone Numbers and Emails

A second Dell data breach within weeks reveals further customer information leakage, including sensitive personal details from support tickets.
May 15, 2024 Fraud Legislation & Regulation Technology

Effective Collaboration and Expert Management Drive Captive Insurance Success in Vermont

Effective Collaboration and Expert Management Drive Captive Insurance Success in Vermont

Vermont exemplifies the importance of teamwork and expert management in driving the success of captive insurance companies.
May 15, 2024 Insurance Industry Legislation & Regulation Risk Management Technology Vermont

Iowa Supreme Court Revises Interpretation of Vascular Injury Compensation

Iowa Supreme Court Revises Interpretation of Vascular Injury Compensation

The Iowa Supreme Court clarifies a longstanding misinterpretation in workers' compensation law regarding vascular injuries.
May 14, 2024 Insurance Industry Legislation & Regulation Risk Management Workers' Compensation Iowa
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