Mastering Risk Management for Mega Construction Projects with NFP’s Innovative Strategies
Adrian Pellen of NFP discusses leveraging technology and data to optimize insurance strategies in the construction sector at the 2024 RISKWORLD conference in San Diego.
May 7, 2024
Insurance Industry
Property
Technology
Arizona
California
New York
DraftKings Faces Lawsuit in New York Over Misleading ’Risk-Free’ Bet Promotions
A new class action lawsuit claims DraftKings misled New York customers with promotions promising "risk-free" bets that weren’t entirely risk-free.
April 22, 2024
Legislation & Regulation
Litigation
Risk Management
Technology
Massachusetts
New York
Record Vehicle Thefts in 2023: A Nationwide Analysis
A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Colorado
Delaware
Florida
Georgia
Illinois
Former NBA Player Sentenced in Health Insurance Fraud Case
Will Bynum, ex-Detroit Pistons guard, receives an 18-month prison sentence for his role in a major NBA insurance fraud scandal.
April 17, 2024
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Illinois
New York
States Begin to Implement NAIC’s AI Guidelines for Insurers, Marking a New Regulatory Era
With the adoption of NAIC’s AI framework by seven states, insurers face the challenge of implementing comprehensive AI governance and risk management programs.
April 11, 2024
Insurance Industry
Legislation & Regulation
Technology
Alaska
California
Colorado
Connecticut
Illinois
DoorDash Launches Benefits Program for Pennsylvania Couriers, Offering Savings Contributions
DoorDash introduces a limited-time pilot program in Pennsylvania, providing delivery couriers with contributions to individual savings accounts for benefits like health insurance and retirement.
April 9, 2024
Insurance Industry
Legislation & Regulation
Technology
Workers' Compensation
California
New York
Pennsylvania
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
