Florida Property Insurers Turn Profit in 2023, Bucking Years of Losses Amid Hurricane Challenges
After facing underwriting losses for years due to hurricane damages, Florida's property insurers reported profits in 2023, signaling a potential market turnaround.
March 27, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
North Carolina Supreme Court Overturns Decision Allowing Stacking of UIM Coverage for Vehicle Owners in At-Fault Accidents
In a significant ruling, the NC Supreme Court decided that vehicle owners cannot stack UIM coverage from different policies for claims involving their own vehicles in at-fault accidents.
March 27, 2024
Auto
Insurance Industry
Legislation & Regulation
Liability
North Carolina
Arizona Court Greenlights Mexico’s Lawsuit Against US Gun Dealers for Facilitating Cross-Border Trafficking
An Arizona court ruling allows Mexico to pursue legal action against US gun dealers accused of contributing to violence through gun trafficking, highlighting a critical cross-border issue.
March 27, 2024
Legislation & Regulation
Litigation
Risk Management
Arizona
Massachusetts
Bridging the Insurance Gap in Emerging Markets Through Innovative Insurtech Solutions
Discover how Insurtech is revolutionizing insurance accessibility in emerging markets, leveraging mobile technology, and custom solutions to drive economic resilience.
March 27, 2024
Legislation & Regulation
Technology
Florida
Tribunal Denies Benefits to Motorcyclist for Insurance Fraud Involvement
A motorcyclist's accident benefits claim was denied by the Ontario LAT, ruling he should have known his insurance obtained through dubious means was not valid.
March 26, 2024
Auto
Fraud
Insurance Industry
Legislation & Regulation
North Carolina Supreme Court Reverses Decision on Weight-Loss Surgery Compensation
In a landmark decision, the North Carolina Supreme Court rules against covering weight-loss surgery under workers' compensation for a preschool employee.
March 26, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Workers' Compensation
North Carolina
Louisiana Proposes Two Bills to Amend Workers’ Compensation Laws
Representatives Taylor introduces two bills in Louisiana aiming to modify the landscape of workers' compensation claims and presumptions.
March 26, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Workers' Compensation
Louisiana
Former Georgia Insurance Commissioner Pleads Guilty to Healthcare Fraud Scheme
John W. Oxendine, former Georgia Insurance Commissioner, admits to conspiracy in a fraudulent medical testing scheme, facing sentencing in July.
March 26, 2024
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Georgia
LoanDepot to Revise Appraisal Complaint Policies Following Settlement with Baltimore Couple
In a legal settlement with a Black couple, mortgage lender loanDepot commits to policy changes after accusations of racially biased appraisal practices.
March 26, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Maryland
Washington Supreme Court Rules in Favor of Condo Association in Insurance Dispute Over Water Damage
The Washington Supreme Court's recent decision clarifies that all-risk policies cover damages caused by a covered peril, even if initiated by an excluded peril like faulty workmanship.
March 26, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Washington
Alabama Medical Fraud Scheme Leads to Prison Sentences for Four Individuals
A compounding pharmacy fraud scheme in Alabama involving kickbacks for unnecessary medical services results in prison sentences and hefty restitution orders.
March 25, 2024
Fraud
Legislation & Regulation
Life & Health
Workers' Compensation
Alabama
EU Targets Big Tech with Compliance Investigations Under Digital Markets Act
The European Commission investigates Alphabet, Apple, and Meta for insufficient compliance measures under the Digital Markets Act, signaling a major regulatory crackdown.
March 25, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Professional Employer Organizations Revolutionize Small Business Compliance and HR
Amid challenges, Professional Employer Organizations (PEOs) emerge as a critical ally for small to medium businesses, blending compliance, HR, and workers' comp solutions.
March 25, 2024
Legislation & Regulation
Risk Management
Technology
Workers' Compensation
California
Florida
Florida Judge Criticizes Insurance Company for Blocking Policyholder Claims
A Nassau County judge accuses a Florida insurance company of stonewalling policyholders and ignoring court orders, highlighting a broader issue with claim disputes.
March 22, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
Justice Department Targets Apple in Major Antitrust Lawsuit Over Smartphone Market Dominance
The Justice Department and state attorneys general take legal action against Apple, alleging anticompetitive practices in smartphone markets to protect consumer interests and promote innovation.
March 22, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
New Jersey
