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.

The Maryland Insurance Administration recovered nearly $33.3 million in 2024 by assisting consumers with insurance disputes, fraud investigations, and regulatory enforcement efforts.

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.

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.

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.

Hurricane Debby caused $12.3 billion in damage, with 78% of affected properties located outside FEMA-designated flood zones. The event underscores the need for updated flood risk assessments and broader insurance coverage.

NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.

In a landmark settlement, more than 1,200 construction workers in Washington D.C. will receive restitution for lost compensation and sick leave, marking the largest workers’ rights deal in the city’s history.

A Maryland woman is accused of filing fraudulent insurance claims worth over $180,000, using false damage photos and documents in her submissions to USAA.

A Maryland woman faces felony insurance fraud and theft charges after allegedly submitting fraudulent claims totaling over $180,000 to USAA.

As inflation and global conflicts escalate replacement costs, brokers and underwriters must effectively communicate economic trends and risk factors to clients to ensure adequate coverage and transparent pricing.

OSHA’s proposed rule aims to safeguard indoor and outdoor workers from heat-related illnesses and deaths.

A phishing attack against a subcontractor highlights the importance of cybersecurity in the construction industry.

NOAA renews its partnership with Colorado State University through a $308 million grant, supporting the Cooperative Institute for Research in the Atmosphere (CIRA) for advanced weather and climate research and forecasting.

Chubb, the insurer for Baltimore’s Francis Scott Key Bridge, is set to pay out $350 million following the bridge’s catastrophic collapse, which resulted in significant economic and human losses.