
Emerging Challenges in US Workers’ Compensation Market: Swiss Re Analysis
After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
July 23, 2024
Insurance Industry
Risk Management
Underwriting
Workers' Compensation
California
New Jersey
New York

NBA Teams Sued for Copyright Infringement in Social Media Videos
Fourteen NBA teams are accused of using copyrighted music in social media promotional videos without proper licensing, leading to multiple lawsuits by Kobalt and other music companies.
July 23, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Arizona
California
Colorado
Florida
Georgia

RGA Leaders of Tomorrow Program Marks Decade of Mentorship Excellence
The RGA Leaders of Tomorrow program, now celebrating its 10th anniversary, has mentored and inspired future insurance executives since its inception.
July 19, 2024
Education & Training
Insurance Industry
Life & Health
Florida
New York

Understanding Hurricane Categories: Why Even "Weaker" Storms Can Be Dangerous
While often dismissed, Category 1 hurricanes and tropical storms can cause significant damage and fatalities, emphasizing the need for a comprehensive understanding of storm impacts beyond mere wind strength.
July 15, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Florida
Louisiana
New York
Texas

Rhode Island Domestic Workers Now Entitled to State Minimum Wage
Democratic Gov. Daniel McKee signed a bill ensuring Rhode Island domestic workers receive the state minimum wage. Previously excluded, these workers will now earn at least $14 per hour, with an increase to $15 on January 1st.
July 2, 2024
Legislation & Regulation
Life & Health
Workers' Compensation
Hawaii
Massachusetts
New York
Rhode Island

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



