TPA Market Heats Up as Insurance M&A Surges Past $20 Billion in 2024
Despite fewer deals, insurance M&A surpassed $20 billion in late 2024, fueled by private equity and the growing need for scale in the third-party administrator (TPA) market.
May 5
Insurance Industry
Litigation
Subrogation
Technology
Lawsuits Target Auto Insurers and Carmakers Over Secret Driver Data Collection
Major lawsuits are shedding light on how insurers and automakers collect, share, and monetize driver data—often without the consumer’s clear consent or knowledge.
May 1
Auto
Legislation & Regulation
Litigation
Technology
Florida
Texas
Aaron Judge Lawsuit Highlights Why Contractors Must Prioritize Transparency and Fair Billing
Aaron Judge’s fraud lawsuit against a Florida interior designer reveals the importance of transparent pricing, detailed invoices, and written approvals in construction contracts.
May 1
Insurance Industry
Litigation
Property
Risk Management
Florida
New York
Woman Sentenced to Prison for $650,000 Crop Insurance Fraud Scheme
Jatinderjeet ‘Jyoti’ Sihota will serve one year in prison for orchestrating a crop insurance fraud scheme that led to over $650,000 in fraudulent payouts in California.
April 29
Fraud
Insurance Industry
Litigation
Property
California
Warner Bros. Discovery Wins Dismissal of Superman Copyright Lawsuit Ahead of Movie Release
A U.S. judge dismissed a copyright lawsuit against Warner Bros. Discovery involving Superman’s international rights, clearing legal hurdles before the new film’s July release.
April 29
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
New York
Federal Court Rules Health Insurers in New Mexico Do Not Have to Cover Medical Marijuana Costs
A federal court ruled that New Mexico health insurers are not obligated to cover medical marijuana, highlighting conflicts between state mandates and federal regulations.
April 28
Insurance Industry
Legislation & Regulation
Life & Health
Litigation
New Mexico
Final Defendant Receives Sentencing in $300K Pennsylvania Auto Insurance Fraud Case
Three individuals sentenced for running a Cumberland County auto insurance scam involving identity theft, fraudulent claims, and over $300,000 in illegal payouts.
April 28
Auto
Fraud
Insurance Industry
Litigation
Pennsylvania
Georgia Fraud Investigation Results in Over 180 Felony Charges Against Eight Individuals
Authorities in Chatham County charged eight people with over 180 felonies after they allegedly used an elderly victim’s personal information to commit identity theft and insurance fraud.
April 28
Fraud
Insurance Industry
Litigation
Risk Management
North Carolina
Two Pennsylvania Women Charged with Filing False Insurance Claims After Alleged Fake Hit-and-Run
Authorities allege two women from eastern Pennsylvania fabricated a hit-and-run accident in Hanover to file fraudulent insurance claims worth $30,000.
April 23
Fraud
Insurance Industry
Liability
Litigation
Pennsylvania
Virginia
New York Court Blocks City’s Attempt to Recoup Firefighter Injury Payments After Retirement
A New York court has ruled that post-retirement pension supplements paid to an injured firefighter are not subject to reimbursement under workers’ compensation laws.
April 21
Liability
Litigation
Risk Management
Workers' Compensation
New York
Illinois Supreme Court to Decide If Permitted Emissions Fall Under Pollution Exclusion in Insurance Dispute
The Seventh Circuit certified a key insurance question to the Illinois Supreme Court: Do emissions allowed by state permit trigger pollution exclusions in CGL policies?
April 21
Insurance Industry
Liability
Litigation
Illinois
Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim
Authorities in Kittitas County, WA are searching for a suspect accused of staging a fall in a grocery store to file false insurance claims totaling nearly $10,000.
April 18
Fraud
Insurance Industry
Litigation
Property
Washington
Five People Face Felony Charges in $1.4 Million California Life Insurance Fraud Scheme
California officials charged five defendants, including former insurance agents, in a life insurance fraud scheme involving fake policies and stolen commissions totaling over $1.4 million.
April 15
Fraud
Insurance Industry
Life & Health
Litigation
California
Missouri Man Sentenced to Prison for Staging Car Crashes and Defrauding Insurers
A Missouri man who staged nighttime auto accidents and faked injuries to collect insurance payouts has been sentenced to 18 months in federal prison and ordered to pay restitution.
April 15
Auto
Fraud
Insurance Industry
Litigation
Missouri
Liberty Mutual Fined $300,000 in Delaware Over False Insurance Discount Ads
Delaware regulators fined three Liberty Mutual companies $300,000 for advertising homeowners and auto insurance discounts not available to policyholders in the state.
April 15
Auto
Legislation & Regulation
Litigation
Property
Delaware
