Florida Bar Greenlights AI Use with Ethical Guardrails for Legal Practice
In a pioneering move, the Florida Bar approves AI for legal use, setting ethical standards to guide lawyers in harnessing AI technology responsibly.
February 2, 2024
Legislation & Regulation
Technology
California
Florida
Illinois
Kentucky
Minnesota
December Nor’easter and California Rains Lead to Major Losses in the U.S.
Severe December weather, including a nor’easter and California flooding, potentially costs millions in economic and insured losses.
January 5, 2024
Catastrophe
Property
Risk Management
California
Florida
Maine
New Jersey
North Carolina
Pennsylvania Water Authority Targeted in International Cyberattack Linked to Iranian Hackers
The Municipal Water Authority of Aliquippa in Pennsylvania faces a cyberattack, highlighting the vulnerability of small water utilities to international cybersecurity threats.
January 4, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Arkansas
California
Indiana
Iowa
Missouri
New Jersey Man Pleads Guilty in Massive No-Fault Auto Insurance Fraud Scheme
Bradley Pierre’s guilty plea unveils a decade-long, $60-$70 million no-fault auto insurance fraud, involving medical clinics, bribes, and tax evasion in New York and New Jersey.
December 19, 2023
Auto
Fraud
Legislation & Regulation
Litigation
New Jersey
New York
Navigating the Shifting Landscape: Strategies for the Evolving Workers’ Compensation Market
As the workers’ compensation market begins to shift, exploring expert insights and strategies for agents and insureds in navigating these changes in 2024.
December 13, 2023
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
California
New Jersey
New York
Genesis Reference Laboratories Settles for Over $1 Million in False Claims Act Case Involving Kickbacks
Orlando-based Genesis Reference Laboratories agrees to a significant settlement to resolve allegations of illegal kickbacks, highlighting ongoing healthcare fraud issues.
December 4, 2023
Fraud
Legislation & Regulation
Life & Health
Florida
Missouri
New Jersey
Texas
Glimmers of Good News on Climate (Finally)
Stunning declines in the cost of solar and wind power are rapidly adding renewables to the world’s energy mix.
November 28, 2023
Auto
Catastrophe
Risk Management
Technology
Georgia
New Jersey
Minnesota Men Face Federal Charges in Interstate Catalytic Converter Theft Ring
Federal officials have charged four Minnesota men in a multi- million-dollar scheme to transport stolen catalytic converters to buyers in several states.
November 2, 2023
Auto
Fraud
Insurance Industry
Litigation
Colorado
Minnesota
New Jersey
New York
Oklahoma
NJ Contractor Litana Development Inc. Hit with $180K Fine Over Power Line Hazards
A settlement has been reached with Litana Development Inc. for endangering workers by exposing them to high-voltage power lines at a Paterson site during 2021 and 2022.
October 23, 2023
Legislation & Regulation
Litigation
Workers' Compensation
New Jersey
Flood Risk in the United States: Miami Tops List of Most Vulnerable Cities
Floods pose a severe threat to communities across the United States, causing extensive property damage and potential risks to human life. Recognizing the importance of identifying flood-prone cities, Insurify developed a flood risk score, taking into account FEMA’s risk scores for coastal and river flooding, population data, average home insurance premiums, and average home values.
June 15, 2023
Catastrophe
Property
Florida
Louisiana
New Jersey
Texas
Can Mandatory Liability Insurance for Gun Owners Reduce Violence?
The idea has been floated for years, and it may seem straightforward enough: if gun owners were required to purchase liability insurance, proponents argue, they would have to follow safe practices to limit their financial and legal risk, thus reducing incidents of gun violence.
June 12, 2023
Legislation & Regulation
Liability
California
New Jersey
Fact Issues Preclude Summary Judgment As To Whether Related Companies Constitute ‘Insureds’ And Whether Claims Are Related
Applying New Jersey law, the U.S. District Court for the District of New Jersey determined that issues of material fact precluded summary judgment as to whether certain companies with common ownership and operations qualified as ‘insureds.’
May 22, 2023
Liability
Litigation
New Jersey
’Warlike Action’ Exclusion Doesn’t Apply To Merck’s Cyberattack Claim
A New Jersey appeals court ruled last week that an exclusion for ‘hostile/warlike action’ in insurance policies covering "all risks" didn’t bar a pharmaceutical company’s claim for damages in a cyberattack.
May 10, 2023
Excess & Surplus Lines
Litigation
New Jersey
Attorneys General Request Hyundai, Kia Recalls Due To Prevalent Thefts
Seventeen state attorneys general have called on the federal government to recall millions of Kia and Hyundai cars due to their susceptibility to theft, which has been amplified by a viral social media challenge.
April 21, 2023
Auto
Subrogation
Arizona
California
Colorado
Connecticut
Illinois
Honda Recalls 563K+ CR-Vs In Cold-Weather States Over Salt-Related Corrosion
Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a crash.
April 10, 2023
Auto
Subrogation
Connecticut
Delaware
District Of Columbia
Illinois
Iowa
