Adjusters on a professional forum share experiences and strategies for handling escalating bills from mitigation companies and their refusal to negotiate.
  April 19   Reddit Education & Training Fraud Insurance Industry Risk Management Florida

The Third Circuit Court of Appeals has ruled that claims of insurance fraud under New Jersey’s PIP statute must go to arbitration, reversing previous decisions against three chiropractors.
  April 19   Insurance Journal Fraud Insurance Industry Legislation & Regulation Litigation New Jersey

In a lively thread on a subreddit for adjusters, insurance professionals debated the complexities of handling roofing claims with discontinued materials, emphasizing the impact of state-specific regulations and the reality of ’matching’ in insurance repairs.
  April 19   Reddit Insurance Industry Legislation & Regulation Property Risk Management Kentucky North Carolina

The Gallagher Re report highlights Q1 2024’s below-average economic losses from natural catastrophes, totaling $43B globally, 17% below the previous decade’s Q1 average.
  April 19   Gallagher Re Auto Catastrophe Property Technology Oklahoma Texas

Discover how geospatial technology revolutionizes risk profiling and pricing in insurance, offering precise mapping to predict and manage risks.
  April 19   Insurance Thought Leadership Auto Property Risk Management Technology Florida Louisiana Texas

Explore what real innovation means and how it can transform the insurance industry, as discussed at the recent In2Leadership conference.
  April 19   Risk & Insurance Insurance Industry Risk Management Technology Arizona Florida

An ex-employee of Augusta National Golf Club is accused of stealing millions in Masters golf merchandise over a thirteen-year period.
  April 18   Golf Digest Fraud Legislation & Regulation Property Risk Management Florida Georgia Illinois

A North Carolina mother and her son are accused of defrauding over $20,600 through bogus insurance claims involving home repairs.
  April 18   WYFF4 Fraud Insurance Industry Litigation Risk Management North Carolina

Ramon Apellaniz of East Hartford is sentenced to prison and must pay $900,000 after fraudulently billing Medicaid for unlicensed counseling services.
  April 18   Hartford Courant Fraud Legislation & Regulation Life & Health Litigation Connecticut

The unusually warm winter in the northern Plains and Upper Midwest led to significant economic losses totaling $8 billion, impacting outdoor activities and businesses.
  April 18   Accuweather Iowa Michigan Minnesota North Dakota Wisconsin

A new study projects that the world economy faces a permanent 19% income reduction by 2050, with global damages estimated at $38 trillion annually, despite future emission cuts.
  April 18   Nature Catastrophe Insurance Industry Legislation & Regulation Risk Management

Allstate estimates Q1 2024 catastrophe losses at $731 million, a substantial decrease from $1.69 billion in the same period last year.
  April 18   Reinsurance News Auto Catastrophe Insurance Industry Property

A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
  April 18   CLM Auto Catastrophe Insurance Industry Colorado Delaware Florida Georgia Illinois

Michael Reilly discusses how advanced technology can significantly increase the productivity of underwriters by reducing time spent on administrative tasks.
  April 18   Insurance Thought Leadership Insurance Industry Risk Management Technology Underwriting California

Exploring key findings from the World Property and Casualty Insurance Report 2024, which details the evolving landscape of P&C insurance underwriting amid technological advancements.
  April 17   Capgemini Catastrophe Insurance Industry Risk Management Technology

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