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
Fraud
Insurance Industry
Life & Health
Litigation
Maryland
Natural Disasters and Legal Pressures Are Driving Up Homeowners Insurance Costs Nationwide
Homeowners insurance is becoming less affordable nationwide as natural disasters, legal system strain, and rising repair costs drive premiums higher, especially in disaster-prone states.
June 11
Catastrophe
Insurance Industry
Litigation
Property
Alaska
Florida
Louisiana
Maryland
Mississippi
Storm Surge Risk Threatens Billions in Coastal Property Value Across 20 States
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
June 2
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Connecticut
Delaware
District Of Columbia
Florida
Climate Change Drives Rising Home Insurance Costs and Coverage Gaps
As climate disasters increase, insurers are hiking premiums, reducing coverage, or exiting markets—leaving homeowners, states, and federal programs to fill the gap.
May 20
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Maryland
Amtrak Health Plan Defrauded of $12 Million by Over 100 Employees and Medical Providers
Over 100 Amtrak employees joined forces with medical providers in a fraudulent health insurance scheme that cost the company more than $12 million, a new report finds.
May 12
Fraud
Insurance Industry
Legislation & Regulation
Risk Management
Connecticut
Delaware
District Of Columbia
Maryland
New Jersey
States in Hurricane Zones Face Bigger Disaster Costs as Federal Support Shrinks
States like Maryland are preparing for a busier hurricane season with fewer FEMA resources after nationwide cuts to disaster mitigation funding and staffing.
April 28
Catastrophe
Legislation & Regulation
Property
Risk Management
Maryland
Baltimore Bridge Collapse Shows Why Marine Liability Claims Demand Flexibility and Foresight
One year after the Baltimore Bridge collapse, Howden highlights the marine insurance sector’s need for adaptability amid complex claims and a competitive market environment.
April 7
Catastrophe
Insurance Industry
Liability
Marine
Maryland
Maryland Wildfires Decline in 2024, Falling Below Recent Averages
Maryland saw 165 wildfires in 2024, burning 953.4 acres. Arson was the leading cause, while the Eastern region had the most fires and acres burned. Learn more about key trends.
March 7
Catastrophe
Legislation & Regulation
Property
Risk Management
Maryland
Woman Sentenced for Insurance Fraud After Claim Photos Found Online
Rhonda Keisha Powell of Upper Marlboro, Maryland, has been sentenced to 45 days in jail for felony insurance fraud after investigators discovered that photos she submitted with her claim were easily found on the internet.
February 25
Fraud
Insurance Industry
Litigation
Risk Management
Maryland
Maryland’s Crackdown on Workplace Fraud Uncovers Thousands of Misclassified Workers
Maryland’s Joint Enforcement Task Force on Workplace Fraud identified over 5,500 misclassified workers in 2024, recovering millions in lost wages and tax revenue while proposing stronger enforcement measures.
February 24
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Maryland
Detroit Man Sentenced to Over Four Years for $1M Unemployment Fraud Scheme
A Detroit man has been sentenced to 51 months in prison and ordered to pay over $900,000 in restitution for his role in a multi-state unemployment fraud scheme targeting COVID-19 relief funds.
February 21
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Maryland
Michigan
Pennsylvania
Maryland Insurance Administration Recovers Over $33 Million for Policyholders in 2024
The Maryland Insurance Administration recovered nearly $33.3 million in 2024 by assisting consumers with insurance disputes, fraud investigations, and regulatory enforcement efforts.
January 30
Fraud
Insurance Industry
Legislation & Regulation
Property
Maryland
Cyber Risks Dominate Global Business Concerns as Climate Change Climbs Rankings
Cyber incidents, including ransomware and IT disruptions, top the global risk list for the fourth consecutive year, while climate change rises to its highest position ever in the Allianz Risk Barometer.
January 20
Insurance Industry
Risk Management
Maryland
Dockworkers Reach Tentative Deal, Strike Suspended Until January
U.S. dockworkers have suspended their strike after reaching a tentative agreement with terminal operators, securing a wage increase and agreeing to continue negotiations in January.
October 4, 2024
Legislation & Regulation
Litigation
Risk Management
Alabama
Florida
Georgia
Louisiana
Maryland
Justice Department Accuses Cargo Ship Owner of Negligence in Baltimore Bridge Collapse Lawsuit
The Justice Department is seeking to recover over $100 million, alleging that the owner and manager of the cargo ship responsible for the Baltimore bridge collapse ignored critical electrical issues and cut safety corners, leading to the fatal disaster.
September 18, 2024
Catastrophe
Liability
Litigation
Marine
Maryland
