Independent Adjusters Face Industry Shifts Amid Quality Concerns and Carrier Changes
The adjuster community on Reddit discusses the evolving landscape of independent adjusting, sharing personal experiences and perspectives on industry changes.
April 5, 2024
Education & Training
Insurance Industry
Legislation & Regulation
Technology
Florida
Georgia
Indiana
Kentucky
Louisiana
Insurers and Consumers Face Growing Legal Costs Amid Social Inflation
Innovative legal tactics and social inflation are driving up insurance premiums and contributing to a hidden ’tort tax’ for American households.
April 5, 2024
Auto
Insurance Industry
Legislation & Regulation
Property
California
Florida
Indiana
Kentucky
Louisiana
NYACT Rolls Out Comprehensive 2024 Training Schedule to Combat Insurance Fraud and Vehicle Crime
NYACT partners with major agencies to equip insurance and law enforcement professionals with the latest in fraud-fighting techniques for 2024.
April 5, 2024
Auto
Education & Training
Fraud
Insurance Industry
New York
New York City Construction Worker Implicated in Fraudulent Workers’ Comp Claim
A construction worker in Queens becomes an unwitting participant in a workers’ compensation fraud scheme, spotlighting a wider issue in New York.
April 3, 2024
Fraud
Legislation & Regulation
Workers' Compensation
New York
Massive Storm System Unleashes Severe Weather Across the US, Causing Damage and Outages
A significant storm system brings widespread damage, power outages, and severe weather threats to millions across the central and eastern United States.
April 2, 2024
Catastrophe
Property
Illinois
Indiana
Kentucky
Michigan
Missouri
Judge Rules Against Dismissing Lawsuit Linking Social Media Algorithms to Buffalo Shooting
A New York judge’s decision to not dismiss a lawsuit against Reddit and YouTube questions the extent of their liability in a racially motivated attack in Buffalo.
March 20, 2024
Catastrophe
Legislation & Regulation
Liability
Technology
New York
New York Court Upholds Carrier’s Cancelation, Shifts Injury Liability to General Contractor
A court ruling places liability on a general contractor for a subcontractor’s worker’s injury due to the carrier’s policy cancelation for nonpayment.
March 14, 2024
Insurance Industry
Liability
Workers' Compensation
New York
New York Car Theft Ring Dismantled in Major Law Enforcement Operation
Nine members of a sophisticated car theft ring in Westchester County, NY, have pleaded guilty, marking a significant victory for law enforcement against organized crime.
March 13, 2024
Auto
Fraud
Legislation & Regulation
Technology
New York
Pennsylvania
Two Convicted in Workers’ Compensation Fraud Cases in New York
New York Inspector General’s office secures guilty pleas in cases of workers’ compensation fraud, recovering over $50,000 in misappropriated funds.
March 11, 2024
Fraud
Legislation & Regulation
Workers' Compensation
New York
Unpacking the Confusion Around Additional Insured Coverage and Its Legal Implications
With over 700 citations to Burlington v. NYC Transit Auth., the complexity of Additional Insured endorsements sparks widespread legal debates and coverage disputes.
March 8, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
New York
Record-Breaking $72.5 Million Payout to Bus Accident Victim Marks One of MTA’s Largest Settlements
A landmark $72.5 million judgment has been awarded to Aurora Beauchamp, a cancer patient severely injured by a city bus, marking one of the MTA’s largest payouts.
March 5, 2024
Catastrophe
Legislation & Regulation
Liability
Life & Health
Florida
New York
Family Seeks Justice After Tragic Allergic Reaction Death at Disney Restaurant
A New York doctor’s sudden death due to an allergic reaction at a Disney Springs restaurant sparks a lawsuit against Walt Disney Parks and Resorts.
February 29, 2024
Life & Health
Litigation
Risk Management
Florida
New York
Recent New York Appellate Decisions Impact Insurance Broker E&O Claims
Two pivotal New York appellate decisions underscore the complexities of insurance broker errors and omissions, affecting both agents and clients.
February 28, 2024
Insurance Industry
Legislation & Regulation
Liability
Litigation
New York
Navigating the Complex Landscape of Social Media Account Ownership in Online Marketing
The Second Circuit’s ruling on JLM Couture v. Gutman offers a legal framework for determining social media account ownership, emphasizing original ownership and valid transfers.
February 20, 2024
Insurance Industry
Litigation
Risk Management
Technology
New York
Swiss Re CEO Highlights Climate Crisis as Major Factor in Rising Insurance Costs
The CEO of Swiss Re underscores the need for fair risk valuation amid rising insurance costs, pointing to climate change as a significant driver of recent price adjustments.
February 19, 2024
Catastrophe
Insurance Industry
Risk Management
California
Colorado
Florida
Idaho
New Jersey
