A former New Orleans police officer faces up to 75 years in prison for orchestrating a fraudulent art heist insurance claim worth $128,500.
July 8 California Louisiana Nevada

The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19 Insurance Industry Property Risk Management Technology Arizona California Colorado Illinois Nevada

Frank Sherman of Garland, Texas, received a two-year prison sentence and must pay nearly $2.3 million in restitution for his involvement in an unemployment insurance fraud scheme.
June 13 Fraud Insurance Industry Legislation & Regulation Litigation California Nevada Texas

Nearly 16% of U.S. drivers in 2022 were underinsured, unable to fully cover damages or injuries caused in accidents, highlighting a significant insurance gap.
April 24 Auto Liability Colorado District Of Columbia Georgia Kentucky Louisiana

With the adoption of NAIC’s AI framework by seven states, insurers face the challenge of implementing comprehensive AI governance and risk management programs.
April 11 Insurance Industry Legislation & Regulation Technology Alaska California Colorado Connecticut Illinois

An analysis reveals the U.S. cities most affected by insurance fraud, with Atlanta leading and diverse factors contributing to the issue across the nation.
April 10 Fraud Insurance Industry Legislation & Regulation Risk Management Georgia Illinois Michigan Missouri Nevada

As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
April 1 Catastrophe Legislation & Regulation Property Connecticut Florida Illinois Louisiana Maine

The FDA lists 57 products in a growing recall over listeria contamination fears, with an investigation focusing on queso fresco and cotija cheeses.
February 14 Liability Life & Health Alabama Arizona California Colorado Florida

A Las Vegas jury awarded $130 million to five individuals who fell ill after consuming Real Water, marking a significant verdict against the bottled water company.
February 13 Life & Health Litigation Nevada

Innovative insurance solutions like surety bonds are transforming collateralization in the sports betting industry, marking a new era of financial flexibility.
February 8 Insurance Industry Legislation & Regulation Technology Delaware Montana Nevada New Jersey Oregon

The family of a British tourist receives a $100 million settlement for the 2018 Grand Canyon helicopter crash that resulted in five deaths, including the tourist’s.
January 11 Catastrophe Legislation & Regulation Liability Risk Management Nevada

As U.S. drivers brace for the highest auto insurance rate hike since 2018, with an average increase of 12.6%, financial pressures mount across states.
January 10 Auto Insurance Industry Legislation & Regulation Technology Arizona California Connecticut Florida Georgia

Technology is revolutionizing workers’ compensation claims, with tools that streamline processing, identify trends, and improve outcomes.
December 18, 2023 Risk Management Technology Workers' Compensation Nevada

After a lengthy pursuit, US Marshals arrest William Maze, the alleged leader of a vast insurance fraud operation, marking a significant breakthrough in the case.
December 4, 2023 Auto Fraud Legislation & Regulation Florida Nevada Washington

At ITC Vegas 2023, experts discussed AI’s transformative role in insurance underwriting, emphasizing the need for trust and education in integrating this evolving technology.
December 1, 2023 Education & Training Risk Management Technology Underwriting Nevada

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