Insurance Rate Secrecy Protected by Court in Key Legal Decision
Examining the court's decision to seal crucial insurance rate information, weighing transparency against the need for competitive confidentiality.
December 21, 2023
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Washington
Construction Industry: A New Cybercrime Target Amidst Booming Economy
Exploring the rise in cybercrime targeting the construction sector, highlighting the vulnerabilities and legal implications in the face of robust industry growth.
December 21, 2023
Legislation & Regulation
Liability
Risk Management
Technology
New Jersey Man Pleads Guilty in Massive No-Fault Auto Insurance Fraud Scheme
Bradley Pierre's guilty plea unveils a decade-long, $60-$70 million no-fault auto insurance fraud, involving medical clinics, bribes, and tax evasion in New York and New Jersey.
December 19, 2023
Auto
Fraud
Legislation & Regulation
Litigation
New Jersey
New York
Activision Blizzard Settles for $54 Million in Landmark Discrimination Case
Activision Blizzard's $54 million settlement with California's civil rights agency marks a significant step in addressing workplace discrimination claims against the video game giant.
December 18, 2023
Legislation & Regulation
Liability
Litigation
Technology
California
New Studies Highlight Hurricane Impact on Renters: Rising Rents, Evictions, and Housing Crisis
Recent research reveals the severe consequences of hurricanes on renters along the East and Gulf coasts, including increased rents, eviction risks, and the deepening affordable housing crisis.
December 15, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Kentucky Residents File Lawsuit Against CSX Over Thanksgiving Train Derailment and Chemical Spill
A class action lawsuit targets CSX for alleged negligence in a train derailment that caused a hazardous sulfur spill in eastern Kentucky, raising health and environmental concerns.
December 15, 2023
Catastrophe
Legislation & Regulation
Liability
Property
Kentucky
Reinsurance Industry’s New Frontier: Leading Climate Solutions with GHG Emission Strategies
How the reinsurance industry is embracing its role in tackling climate change by integrating greenhouse gas strategies into its operations.
December 15, 2023
Legislation & Regulation
Risk Management
Technology
Underwriting
U.S. Wildfire Frequency and Severity at 20-Year Low Despite Global Rise, Says Triple I Report
The Insurance Information Institute reports a surprising decline in U.S. wildfire frequency and severity, contrasting with global trends, as mitigation efforts show positive results.
December 14, 2023
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Texas
Florida Adjusters Allege Insurance Companies Altered Damage Estimates, Demand Investigation
Independent claims adjusters in Florida allege several insurance companies have misleadingly altered wind damage estimates, sparking calls for an investigation into potential fraud.
December 14, 2023
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida
Court Orders Insurer to Pay $27M for Failing to Defend in Construction Defect Case
South Carolina Court penalizes Penn National with a $27 million payment for its failure to defend a policyholder in a construction defect lawsuit, despite coverage limitations.
December 14, 2023
Insurance Industry
Legislation & Regulation
Liability
Litigation
South Carolina
Former Georgia Agent Charged with Insurance Fraud and Forgery
A former insurance agent in Georgia faces charges for allegedly diverting a $3,500 premium payment to his personal account, sparking an investigation by the state's insurance commissioner.
December 13, 2023
Fraud
Insurance Industry
Legislation & Regulation
Liability
Georgia
Navigating the Shifting Landscape: Strategies for the Evolving Workers’ Compensation Market
As the workers' compensation market begins to shift, exploring expert insights and strategies for agents and insureds in navigating these changes in 2024.
December 13, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
California
New Jersey
New York
2024 Cybersecurity Forecast: Top 10 Predictions Shaping the Digital Threat Landscape
Exploring the Top Ten Cybersecurity Predictions for 2024: A Guide to Navigating Emerging Digital Threats
December 13, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Florida Legislators Propose Condo Roof Insurance Reform to Curb Rising Premiums
Florida Representatives Hillary Cassel and Ana Maria Rodriguez introduce a bipartisan bill to pilot actual cash value coverage for condo roofs with Citizens Property Insurance Corp.
December 12, 2023
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
Microsoft Embraces Union Input on AI Deployment with Historic Contract
In a groundbreaking move, Microsoft agrees to union terms on AI use, ensuring worker involvement in the deployment of this evolving technology.
December 11, 2023
Education & Training
Legislation & Regulation
Risk Management
Technology
