Pennsylvania Man Accused of Running $400 Million ATM Investment Scam
Federal authorities charged a Pennsylvania man with securities and wire fraud after allegedly defrauding investors through a fake ATM investment scheme worth over $400 million.
September 4
Fraud
Legislation & Regulation
Litigation
Risk Management
New Jersey
Pennsylvania
Insurers Seek to Void Marine Policy After Yacht Crash Off California Coast
Specialty insurers are asking a California court to void a yacht policy after a collision, alleging the insured failed to meet critical warranty and disclosure terms.
September 2
Excess & Surplus Lines
Insurance Industry
Litigation
Marine
California
Texas
Arkansas Builder Sues Zurich Over Denied Collapse Claim on Unfinished Home
A $420,000 dispute over a collapsed Arkansas home under construction challenges Zurich’s interpretation of "collapse" coverage in commercial property policies.
September 2
Litigation
Property
Risk Management
Arkansas
Wyndham Hotel Owner Accused of Orchestrating Vandalism Amid Insurance Dispute
The Wyndham Hotel owner is facing accusations of staging vandalism to claim $12.2 million in insurance damages, prompting a federal fraud countersuit by the insurer.
August 29
Fraud
Insurance Industry
Litigation
Property
Illinois
Detroit Couple to Face Trial over Alleged $150K Disability Insurance Fraud Scheme
A Detroit couple will stand trial on multiple felony charges after allegedly filing fraudulent disability insurance claims totaling $150,000, officials say.
August 29
Fraud
Insurance Industry
Litigation
Michigan
GEICO Sues New York Medical Supplier Over Alleged $620K Insurance Fraud Scheme
GEICO is suing a New York supplier it claims defrauded the insurer out of $620,000 through inflated billing, unnecessary medical equipment, and manipulated coding practices.
August 29
Auto
Fraud
Insurance Industry
Litigation
New York
What the Dollar Tree Helium Tank Lawsuit Reveals About Insurance Coverage Gaps
A helium tank injury led to a legal fight between Dollar Tree and its insurer. The case shows how coverage exclusions and unclear contracts can leave businesses exposed.
August 26
Insurance Industry
Liability
Litigation
Risk Management
Connecticut
How Subcontractors’ Carriers Can Push Back Against Excessive Builder Demands in Florida Claims
In Florida construction-defect cases, subcontractors’ carriers often face inflated demands from builders. Strategic defense can limit exposure to excessive defense cost claims.
August 26
Insurance Industry
Liability
Litigation
Florida
How Diagnostic Errors in Office-Based Practices Are Driving Malpractice Costs and Patient Harm
Cancer misdiagnosis leads the way as office-based diagnostic errors drive high indemnity payouts, highlighting systemic flaws in evaluation, testing, and follow-up processes.
August 25
Liability
Life & Health
Litigation
Risk Management
JPMorgan Must Defend Elder Fraud Arbitration Claim from Widow
A federal judge ruled that JPMorgan must face arbitration over claims it failed to prevent a widow’s son from stealing $8.4 million from her bank accounts after her husband’s death.
August 20
Fraud
Legislation & Regulation
Litigation
Risk Management
California
Florida
Massachusetts
New York
How Early Conversations About Counsel Selection Can Prevent Claims Disputes
Early, transparent discussions about defense counsel selection during policy placement can prevent costly litigation conflicts and bad faith allegations down the line.
August 20
Education & Training
Insurance Industry
Liability
Litigation
North Carolina Resident Charged with 54 Felonies in $1.8 Million Travel Insurance Fraud Case
A North Carolina resident allegedly forged medical and travel documents to defraud insurers of nearly $1 million and attempted to steal close to another $900K between 2020 and 2024.
August 18
Fraud
Insurance Industry
Litigation
Property
North Carolina
Father and Son Found Guilty of Arson and Insurance Fraud in Michigan Restaurant Fire
A jury convicted the co-owners of Charlie’s Family Grill of arson and insurance fraud after fires destroyed their White Cloud restaurant and garage in early 2023.
August 14
Fraud
Insurance Industry
Litigation
Property
Michigan
Fake Slip and Fall on Banana Peel at Goodwill Leads to Insurance Fraud Charge
A staged fall in a Goodwill parking lot, falsely blamed on a banana peel and later a broken lighter, has led to an insurance fraud charge following a months-long investigation.
August 14
Fraud
Insurance Industry
Litigation
Property
Weird
Connecticut
Aon Sued Over Alleged Fraud in Vesttoo Credit Insurance Dealings
A creditor trust for bankrupt AI firm Vesttoo has sued Aon, claiming the broker committed fraud while promoting credit insurance linked to a failed funding scheme.
August 14
Fraud
Insurance Industry
Litigation
Risk Management
