Former Insurance Executive Admits Role in Fraud That Led to Collapse of Two Companies
Jasbir Thandi admitted to falsifying financial records and misappropriating funds, resulting in over $20 million in losses and the failure of two insurance carriers.
July 21
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
Texas
Vermont
Former Kentucky Warehouse Manager Agrees to Pay $16M in Crop Insurance Fraud Case
A former tobacco warehouse manager in Danville, Kentucky, admitted to helping farmers file fake crop insurance claims and now owes at least $16 million in restitution.
July 21
Fraud
Insurance Industry
Litigation
Property
Kentucky
Fans Injured in FedEx Field Railing Collapse Reach Settlement With Washington Commanders
Four fans injured during a 2022 NFL game when a railing gave way at FedEx Field have settled negligence claims against the Washington Commanders following arbitration proceedings.
July 17
Insurance Industry
Liability
Litigation
Risk Management
Maryland
Zuckerberg to Testify in $8 Billion Trial Alleging Facebook Misled Users and Shareholders
Mark Zuckerberg is set to testify in an $8 billion shareholder lawsuit alleging Facebook ignored a 2012 FTC order and misled users about privacy following the Cambridge Analytica scandal.
July 15
Insurance Industry
Litigation
Risk Management
Technology
Maryland Couple Sentenced for $20 Million Life Insurance Scam Involving Dozens of Fraudulent Policies
James and Maureen Wilson of Owings Mills, Maryland, received prison time and must repay over $18.7 million after orchestrating a massive life insurance fraud scheme.
July 10
Fraud
Insurance Industry
Life & Health
Litigation
Maryland
Reinsurance Market Turns Favorable for Buyers as Capital Surges in Midyear 2025 Renewals
Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.
July 10
Catastrophe
Litigation
Property
California
Florida
Lululemon Sues Costco Over Lookalike Apparel Alleging Consumer Confusion
Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.
July 7
Insurance Industry
Liability
Litigation
Risk Management
California
Louisiana Supreme Court Ruling Strengthens Contractor Defense in Road Signage Dispute
A Louisiana Supreme Court decision clarifies summary judgment standards, strengthening contractor defenses and reducing litigation exposure for insurers in similar cases.
July 7
Insurance Industry
Legislation & Regulation
Litigation
Property
Louisiana
Italian Executives Receive Lengthy Prison Terms for PFAS Pollution
Executives of a chemical plant in Italy face significant jail sentences after court finds them responsible for extensive PFAS contamination affecting drinking water.
June 30
Legislation & Regulation
Liability
Litigation
Risk Management
Federal Judge Rules Anthropic’s Book Use Fair but Piracy Still Faces Penalty
A San Francisco federal judge declares Anthropic’s AI book training fair use, yet rules storing millions of pirated copies illegal, setting stage for potential damages.
June 25
Legislation & Regulation
Litigation
Risk Management
Technology
California
Insurance Leaders Highlight Litigation and AI Trends at JIF 2025 Forum
Insurance executives discuss navigating escalating litigation risks and embracing generative AI to enhance efficiency and rebuild consumer trust amid evolving uncertainties.
June 24
Insurance Industry
Legislation & Regulation
Litigation
Technology
Florida
Inside the Auto Glass Fraud Crisis
Auto glass scams are costing U.S. drivers billions, fueled by deceptive ‘free’ repairs and AOB schemes. Insurers and lawmakers are responding with pre-inspection programs and tougher penalties.
June 23
Auto
Fraud
Legislation & Regulation
Litigation
Florida
Kentucky
Three Arrested in California Farmhouse Arson and $200K Insurance Fraud Scheme
Federal, state and local investigators allege three men—including a municipal vice mayor and a school board trustee—set a Northern California farmhouse ablaze and filed false insurance claims to net $200,000.
June 23
Fraud
Insurance Industry
Litigation
Property
California
Florida Appeals Court Rebukes Citizens Property Insurance Over Roof Claim Denial
A Florida appeals court held that Citizens Property Insurance wrongly denied a roof damage claim and can’t invoke staged-payment rules until coverage is acknowledged, giving homeowners a second chance.
June 19
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
Nail Salon Owner Arrested on Multiple Arson and Insurance Fraud Charges
Town of Newburgh authorities and federal agents allege a local salon owner deliberately set an August 2022 fire at her own shop to collect insurance payouts amid severe financial distress.
June 19
Fraud
Legislation & Regulation
Litigation
Property
New York
