
Lightning-Related Insurance Claims Soar in 2023
The Insurance Information Institute (Triple-I) reported a 30% increase in total claims value from 2022, highlighting the financial impact of severe convective storms.
June 19, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
California
Florida
Georgia
Louisiana

Zyn Halts Online Sales Amidst Regulatory Scrutiny
Zyn, the popular nicotine pouch brand, has stopped online sales after receiving a subpoena from the District of Columbia's attorney general regarding sales of flavored products.
June 19, 2024
Legislation & Regulation
Liability
Life & Health
Technology
California
District Of Columbia
Massachusetts
New York

Unlocking Potential in the E&S Insurance Market
The excess and surplus insurance market is dynamically growing, providing major opportunities for insurtechs.
June 18, 2024
Excess & Surplus Lines
Insurance Industry
Technology
Underwriting
New York

Gemini and NY Attorney General Reach $50M Settlement
Gemini has reached a $50 million settlement with the New York Attorney General's office, resolving allegations of defrauding investors.
June 14, 2024
Fraud
Legislation & Regulation
Litigation
Technology
New York

InsurTech Leaders Highlight AI’s Role in Underwriting
Harnessing previously uncaptured data is key to underwriting success, agree two InsurTech executives, as AI transforms the insurance sector.
June 12, 2024
Insurance Industry
Risk Management
Technology
Underwriting
New York

Woman Sues Ice Cream Company Over Lack of Real Pistachios
A woman from Long Island is suing Cold Stone Creamery, alleging that its pistachio ice cream contains no actual pistachios. The lawsuit could have significant implications for ice cream lovers across the country.
June 12, 2024
Fraud
Legislation & Regulation
Litigation
New York

CityMD Settles $12 Million Allegations Over False Claims for COVID-19 Testing
CityMD settles allegations of submitting false claims for COVID-19 testing to a federal program for uninsured patients, paying $12.04 million to resolve the issue.
June 11, 2024
Fraud
Legislation & Regulation
Life & Health
Litigation
New Jersey
New York

USPS National Dog Bite Awareness Campaign Highlights Rising Incidents
The USPS concluded its 2024 National Dog Bite Awareness Campaign amid a rise in dog attacks on postal workers, emphasizing safe mail delivery and responsible pet ownership.
June 10, 2024
Education & Training
Insurance Industry
Risk Management
Weird
California
Florida
Illinois
Michigan
Missouri

Nuclear Verdicts Surge in Personal Injury and Wrongful Death Cases: A Decade in Review
A comprehensive study from the U.S. Chamber of Commerce Institute for Legal Reform highlights the rising trend of nuclear verdicts, their causes, and potential solutions over a ten-year period ending in 2022.
June 10, 2024
Legislation & Regulation
Litigation
Property
Risk Management
California
Florida
Georgia
Illinois
Missouri

New Jersey Man Sentenced for Leading Major No-Fault Insurance Fraud in New York
Bradley Pierre has been sentenced to 10 years in prison for orchestrating a $60 million fraud targeting No-Fault automobile insurance companies, marking one of the largest such frauds in New York history.
June 4, 2024
Fraud
Insurance Industry
Legislation & Regulation
Litigation
New Jersey
New York

CoreLogic’s 2024 Report Analyzes Hurricane Risk for U.S. Gulf and Atlantic States
CoreLogic's 2024 Hurricane Risk Report details the potential impact of hurricanes on U.S. Gulf and Atlantic states, emphasizing the need for updated risk assessments to ensure effective preparation and mitigation.
May 30, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Maine
New Jersey
New York
Pennsylvania

OSHA Updates Hazard Communication Standard for Better Alignment with Global System
The Occupational Safety and Health Administration announced a comprehensive revision of its Hazard Communication Standard, aiming to better align it with the United Nations' Globally Harmonized System of Classification.
May 29, 2024
Education & Training
Insurance Industry
Legislation & Regulation
Risk Management
Michigan
Missouri
New York

Family Sues Over Fatal Allergic Reaction to Mislabeled Cookie Sold at Stew Leonard’s
The family of Orla Ruth Baxendale has filed a lawsuit against Stew Leonard's and Cookies United LLC after a mislabeled cookie caused a fatal allergic reaction, highlighting severe negligence in labeling.
May 28, 2024
Insurance Industry
Liability
Life & Health
Litigation
Connecticut
New York

Building Resilience with Insurance
The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.
May 22, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
California
Hawaii
New York

AI Startup Lovo Sued for Allegedly Using Actors’ Voices Without Consent
Berkeley-based AI firm Lovo faces a class action lawsuit from voice actors Paul Lehrman and Linnea Sage, who allege their voices were used without permission for the company's AI generator, Genny.
May 20, 2024
Fraud
Legislation & Regulation
Litigation
Technology
California
New York



