In a landmark settlement, Walgreens agrees to pay $110 million to the City of Philadelphia, settling allegations of improper opioid distribution.

As generative AI models evolve rapidly, life insurers stand at the brink of a major shift, promising enhanced efficiency and improved customer experiences.

Adjusters on a professional forum share experiences and strategies for handling escalating bills from mitigation companies and their refusal to negotiate.

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.

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.

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.

Discover how geospatial technology revolutionizes risk profiling and pricing in insurance, offering precise mapping to predict and manage risks.

Explore what real innovation means and how it can transform the insurance industry, as discussed at the recent In2Leadership conference.

An ex-employee of Augusta National Golf Club is accused of stealing millions in Masters golf merchandise over a thirteen-year period.

A North Carolina mother and her son are accused of defrauding over $20,600 through bogus insurance claims involving home repairs.

Ramon Apellaniz of East Hartford is sentenced to prison and must pay $900,000 after fraudulently billing Medicaid for unlicensed counseling services.

The unusually warm winter in the northern Plains and Upper Midwest led to significant economic losses totaling $8 billion, impacting outdoor activities and businesses.

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.

Allstate estimates Q1 2024 catastrophe losses at $731 million, a substantial decrease from $1.69 billion in the same period last year.

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.