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Navigating Construction Challenges and Emerging Trends

Navigating Construction Challenges and Emerging Trends

The construction industry faces rising costs, labor shortages, and the adoption of new technologies as it prepares for the future, requiring strategic planning and innovation to navigate these challenges effectively.
September 3, 2024 Litigation Property Risk Management Technology

Tennessee Supreme Court Upholds State’s Workers’ Compensation Injury Definition

Tennessee Supreme Court Upholds State’s Workers’ Compensation Injury Definition

Tennessee's definition of "injury" for workers' compensation, requiring proof that employment contributed more than 50% to the injury, has been upheld as constitutional by the state's Supreme Court, despite a worker's challenge.
August 29, 2024 Insurance Industry Legislation & Regulation Litigation Workers' Compensation Tennessee

North Carolina Supreme Court Rules on Validity of Homeowner’s Insurance Cancellation Before Fire Loss

North Carolina Supreme Court Rules on Validity of Homeowner’s Insurance Cancellation Before Fire Loss

The North Carolina Supreme Court upheld a ruling that a mailed cancellation notice met state requirements, effectively voiding a homeowner's insurance policy weeks before a fire destroyed the property.
August 29, 2024 Legislation & Regulation Litigation Property Risk Management North Carolina

San Francisco Tow Company Owner Faces New Federal Insurance Fraud Charges

San Francisco Tow Company Owner Faces New Federal Insurance Fraud Charges

The owner of multiple towing companies in San Francisco has been charged again with federal insurance fraud, involving staged crashes and fraudulent claims, just weeks after a similar case was filed.
August 29, 2024 Auto Fraud Insurance Industry Litigation California

NYC’s DCWP Secures Over $600,000 for Consumers Exploited by R.G. Ortiz Funeral Homes

NYC’s DCWP Secures Over $600,000 for Consumers Exploited by R.G. Ortiz Funeral Homes

The NYC Department of Consumer and Worker Protection (DCWP) has secured over $600,000 in restitution and civil penalties from R.G. Ortiz Funeral Homes for exploiting grieving consumers, particularly in Spanish-speaking communities.
August 28, 2024 Fraud Legislation & Regulation Life & Health Litigation New York

Fanatics Expands Lawsuit to Include Marvin Harrison Sr. in Fraud Allegations Against Harrison Jr.

Fanatics Expands Lawsuit to Include Marvin Harrison Sr. in Fraud Allegations Against Harrison Jr.

Fanatics has amended its lawsuit against Cardinals receiver Marvin Harrison Jr., now accusing both him and his father, Hall of Famer Marvin Harrison Sr., of fraudulently inducing the company into an agreement that Harrison Jr. allegedly never intended to honor.
August 27, 2024 Fraud Insurance Industry Liability Litigation

Congress Probes Alleged Exploitative Practices by Health Insurers and MultiPlan

Congress Probes Alleged Exploitative Practices by Health Insurers and MultiPlan

Lawmakers are questioning health insurance regulators and MultiPlan's role in reducing payments to medical providers, which may lead to higher costs for patients and employers, raising concerns about transparency and potential conflicts of interest.
August 21, 2024 Insurance Industry Legislation & Regulation Life & Health Litigation California Massachusetts Minnesota Oregon Virginia

AMAG Pharmaceuticals Denied Insurance Claim for $30M Loss Linked to 2017 Manufacturing Incident at Pfizer Plant

AMAG Pharmaceuticals Denied Insurance Claim for $30M Loss Linked to 2017 Manufacturing Incident at Pfizer Plant

After years of litigation, a Massachusetts court ruled against AMAG Pharmaceuticals, rejecting its claim for insurance coverage related to a 2017 manufacturing issue at Pfizer's Kansas facility that led to significant business losses.
August 21, 2024 Insurance Industry Liability Litigation Property Kansas Massachusetts

Clearwater Cybersecurity Firm Duped by North Korean Hacker in Remote Work Scheme

Clearwater Cybersecurity Firm Duped by North Korean Hacker in Remote Work Scheme

A Clearwater cybersecurity firm unknowingly hired a North Korean hacker who used a stolen American identity and collaborated with a U.S.-based laptop farm to infiltrate the company, highlighting the risks associated with remote hiring practices.
August 19, 2024 Fraud Litigation Risk Management Technology Florida Tennessee

Pennsylvania Court Rules Against Pension Offset in Post-Retirement Injury Case

Pennsylvania Court Rules Against Pension Offset in Post-Retirement Injury Case

In a Pennsylvania case, the court ruled that a county couldn't offset pension payments against workers' compensation benefits for a retiree who was injured after returning to work part-time, citing the "absurdity doctrine."
August 19, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Pennsylvania

Managing Challenges in Late-Reported Property Claims

Managing Challenges in Late-Reported Property Claims

Late-reported property claims pose unique challenges for insurers and adjusters, particularly when determining the cause and policy period of a loss. Thorough investigations and documentation are crucial to mitigate risks of litigation and bad faith claims.
August 15, 2024 Insurance Industry Litigation Property California Florida Louisiana New York Texas

Risk Management Strategies Crucial for PFAS-Related Litigation

Risk Management Strategies Crucial for PFAS-Related Litigation

With the potential for boundless litigation involving PFAS chemicals, companies must prioritize risk management strategies to identify, assess, and mitigate exposure before costly legal battles arise.
August 15, 2024 Catastrophe Litigation Property Risk Management New Jersey

Disney Cites Disney+ Fine Print in Bid to Dismiss Wrongful Death Lawsuit

Disney Cites Disney+ Fine Print in Bid to Dismiss Wrongful Death Lawsuit

Disney is attempting to dismiss a wrongful death lawsuit related to a fatal allergic reaction at one of its restaurants, arguing that the plaintiff is bound by an arbitration clause from a Disney+ trial he signed up for years earlier.
August 15, 2024 Insurance Industry Liability Litigation Risk Management Florida New York

Taco Truck Owner Arrested After Staging Robbery and Arson for Insurance Payout

Taco Truck Owner Arrested After Staging Robbery and Arson for Insurance Payout

A Visalia taco truck owner has been arrested for staging a robbery and arson in an attempt to defraud insurance companies. Surveillance footage and a linked accomplice led authorities to uncover the plot, resulting in charges of conspiracy, arson, and insurance fraud.
August 14, 2024 Auto Fraud Litigation Property California

UK Riots Expected to Have Minimal Financial Impact on Insurance Sector

UK Riots Expected to Have Minimal Financial Impact on Insurance Sector

Recent UK riots may test the effectiveness of the UK Riot Compensation Act 2016, but overall losses are expected to remain manageable for British insurers, with claims likely staying below GBP 250 million.
August 14, 2024 Legislation & Regulation Litigation Property Risk Management
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