California Wildfire Claims Could Drain $21 Billion Insurance Fund Amid Investigation
As insurance losses from the Eaton Fire mount, California’s wildfire fund faces depletion, with scrutiny intensifying over Southern California Edison’s potential liability.
July 25, 2025
Catastrophe
Litigation
Property
Subrogation
California
How to Identify Hidden Solar Panel Damage
A recent CLM webinar explored how electroluminescence scanning helps insurance professionals detect microcracks in solar panels and determine damage causation.
July 25, 2025
Insurance Industry
Litigation
Property
Technology
SharePoint Vulnerabilities Expose Challenges in Microsoft’s Cybersecurity Overhaul
As Chinese hackers exploit SharePoint software flaws, Microsoft faces renewed scrutiny over its Secure Future Initiative and ongoing cybersecurity transformation.
July 23, 2025
Insurance Industry
Litigation
Risk Management
Technology
Oregon
Insurer Says It Owes No Coverage for Kansas City Super Bowl Parade Shooting Lawsuit
Cincinnati Specialty Underwriters says its event liability policy excludes coverage for claims tied to a deadly shooting at the 2024 Super Bowl parade in Kansas City.
July 23, 2025
Insurance Industry
Liability
Litigation
Risk Management
Missouri
Clorox Sues Cognizant Over Password Failures in 2023 Cyberattack
Clorox claims Cognizant failed basic security protocols, allowing hackers to access its network during a 2023 cyberattack that led to $380 million in damages.
July 23, 2025
Insurance Industry
Litigation
Risk Management
Technology
California
Mother and Son Sentenced to Prison for $150K Inmate Unemployment Fraud Scheme
A Modesto man and his mother from Turlock were sentenced for using prison inmates’ identities to steal over $150,000 in fraudulent pandemic unemployment claims.
July 21, 2025
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
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, 2025
Legislation & Regulation
Liability
Litigation
Risk Management
