As private equity firms rapidly reshape life insurance with asset-focused strategies, incumbents face pressure to adapt or risk being outpaced in a changing market.
Tort reform efforts in states like Georgia and Florida are reshaping the liability claims landscape in 2025, as litigation costs soar and attorney involvement rises rapidly.
High Noon is recalling vodka seltzers mistakenly labeled as Celsius energy drinks, leading to a risk of accidental alcohol consumption. No illnesses have been reported.
GEICO alleges a Brooklyn pharmacy exploited New York’s No-Fault system by billing over $3.5 million for medically unnecessary pain creams and violating a prior court injunction.
With taxi fraud costing NYC $1 billion annually, a new initiative is equipping cabs with surveillance cameras to deter scams and lower costs for drivers and insurers.
With climate change intensifying storms, insured hurricane losses in the U.S. could surge 50%—testing the limits of insurers, infrastructure, and public preparedness.
Town of Newburgh authorities and federal agents allege a local salon owner deliberately set an August 2022 fire at her own shop to collect insurance payouts amid severe financial distress.
Early collaboration between carriers, insureds, and panel counsel in professional liability claims reduces defense costs, preserves policy limits, and strengthens renewal prospects through faster settlements.
Fifty-five states and territories back Purdue Pharma’s $7.4B opioid settlement plan, aiming to resolve lawsuits and distribute funds to governments, tribes, and individuals.
A New York appellate court affirms Lloyd’s denial of coverage in a diamond loss claim, emphasizing that policyholders must maintain fully operational security systems.
DoorDash, Grubhub, and Uber Eats settled lawsuits over New York City laws boosting delivery worker pay and capping restaurant fees, paving the way for legal revisions.
Federal budget cuts threaten safety training programs for fishing, farming, and logging workers—among the nation’s most dangerous jobs—potentially leaving crews at greater risk.
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
A Mexican Navy training vessel collided with the Brooklyn Bridge during a goodwill tour, leaving two dead, multiple injured, and prompting an ongoing investigation.
Three current and former Rikers Island correction officers are accused of faking on-duty injuries to claim nearly $1 million in workers’ compensation benefits.
