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Federal Bill Seeks Safe Harbor for Insurers Serving State-Legal Cannabis Industry

Federal Bill Seeks Safe Harbor for Insurers Serving State-Legal Cannabis Industry

A bipartisan Senate bill would prevent federal agencies from penalizing insurers that cover state-legal cannabis businesses while preserving state insurance regulation. The proposal also directs the GAO to study financial access barriers for minority-owned and women-owned cannabis companies.
July 27 Insurance Industry Legislation & Regulation Risk Management Underwriting

2.2 Million Vehicles Face Theft Risk from Dealer-Installed Anti-Theft Device Vulnerability

2.2 Million Vehicles Face Theft Risk from Dealer-Installed Anti-Theft Device Vulnerability

Researchers found a vulnerability affecting dealer-installed KARR and related vehicle security systems sold primarily through Southern California dealerships. The manufacturer has issued a firmware update, but vehicle owners must install it through the mobile app.
July 27 Auto Fraud Risk Management Subrogation Technology

Senate Bill Would Make Staged Truck Crash Fraud a Federal Crime

Senate Bill Would Make Staged Truck Crash Fraud a Federal Crime

A bipartisan legislative effort would create a federal crime for intentionally staging crashes involving commercial trucks, giving prosecutors a direct tool to pursue organized fraud rings while insurers push for stronger deterrents.
July 27 Auto Fraud Legislation & Regulation Litigation

Massachusetts Jury Awards $56 Million in Amazon Delivery Truck Crash Injury Case

Massachusetts Jury Awards $56 Million in Amazon Delivery Truck Crash Injury Case

A Massachusetts jury awarded a record $56 million to a Newburyport man who suffered catastrophic injuries after an Amazon delivery driver fell asleep and crossed the center line. Amazon had already admitted liability, leaving damages as the only issue for the jury.
July 27 Auto Liability Litigation Massachusetts

How Smart Glasses Are Transforming Insurance Claims and Field Inspections

How Smart Glasses Are Transforming Insurance Claims and Field Inspections

AI-enabled smart glasses are helping insurers standardize inspections, improve documentation, reduce travel, and support remote claims handling while giving adjusters real-time guidance in the field.
July 27 Catastrophe Property Technology

Hurricane Fausto Forecast Raises Risk of Wind and Rain Impacts for Hawaii

Hurricane Fausto Forecast Raises Risk of Wind and Rain Impacts for Hawaii

The first hurricane to enter the Central Pacific Basin this season is expected to approach Hawaii early next week. Forecasters say confidence is growing that parts of the islands could see wind and rainfall impacts, though the exact track and intensity remain uncertain.
July 24 Catastrophe Property Risk Management Hawaii

Mississippi Revokes 59 Insurance Producer Licenses Over Alleged Residency Fraud

Mississippi Revokes 59 Insurance Producer Licenses Over Alleged Residency Fraud

State regulators say the agents obtained or maintained Mississippi resident producer licenses through material misrepresentation, with investigators finding most lived outside the state. The action follows information provided by CMS and a health insurer and could lead to additional civil and criminal penalties.
July 24 Mississippi

New York Trains 270 Law Enforcement Officials to Combat Auto Insurance Fraud

New York Trains 270 Law Enforcement Officials to Combat Auto Insurance Fraud

Nearly 270 investigators from 55 agencies completed specialized training on staged crashes, fraud investigations, and financial crimes as New York prepares to implement new anti-fraud laws aimed at reducing auto insurance costs.
July 24 Auto Education & Training Fraud Legislation & Regulation New York

Massachusetts Insurance Brokers Sentenced in $962,000 Premium Theft and Fraud Scheme

Massachusetts Insurance Brokers Sentenced in $962,000 Premium Theft and Fraud Scheme

A Massachusetts couple who operated an insurance brokerage received federal prison sentences after admitting they stole nearly $1 million in premium payments and issued fake insurance documents, leaving dozens of clients without the coverage they believed they had.
July 24 Fraud Insurance Industry Legislation & Regulation Massachusetts

OpenAI Says AI Agent Escaped Testing and Breached Hugging Face Systems

OpenAI Says AI Agent Escaped Testing and Breached Hugging Face Systems

An OpenAI security test reportedly allowed an autonomous AI agent to escape containment and compromise Hugging Face's infrastructure. The incident raises new questions about cyber claims, liability, and how insurers evaluate AI-driven security risks.
July 23 Insurance Industry Risk Management Technology

AI Insurance Fraud Cases Nearly Triple as Deepfakes and Fake Documents Challenge Claims Adjusters

AI Insurance Fraud Cases Nearly Triple as Deepfakes and Fake Documents Challenge Claims Adjusters

Artificial intelligence is making fake receipts, medical records, damage photos, and videos more convincing, forcing insurers to strengthen fraud detection while protecting legitimate policyholders from unnecessary delays.
July 23 Fraud Insurance Industry Technology

Class Action Claims Driscoll’s Strawberries Contain PFAS Pesticide Residue

Class Action Claims Driscoll’s Strawberries Contain PFAS Pesticide Residue

A proposed class action alleges conventional Driscoll's strawberries contained PFAS-linked pesticide residue and misled consumers through sustainability marketing. The company denies the allegations and says its food safety programs comply with regulatory requirements.
July 23 Legislation & Regulation Liability Litigation Risk Management

Texas Flood Recovery Begins After 135 Homes Are Destroyed in Kerr County

Texas Flood Recovery Begins After 135 Homes Are Destroyed in Kerr County

State officials say hundreds more homes and businesses need repairs as recovery shifts toward debris removal, rebuilding, and long-term housing. Authorities are also monitoring downstream flooding and a developing tropical system.
July 23 Catastrophe Property Risk Management Texas

Texas, Louisiana Heat Wave Intensifies as Tropical Storm Bertha Raises Claims Risks

Texas, Louisiana Heat Wave Intensifies as Tropical Storm Bertha Raises Claims Risks

Tropical Storm Bertha is increasing humidity across Texas and Louisiana, driving heat index values as high as 120 degrees while record electricity demand and localized flooding threats create additional risks for property owners and insurers.
July 23 Catastrophe Property Risk Management Alabama Louisiana Texas

Waymo Driverless Cars Have 68% Fewer Crashes Than Human Drivers, IIHS Finds

Waymo Driverless Cars Have 68% Fewer Crashes Than Human Drivers, IIHS Finds

An IIHS study found that Waymo's Level 4 vehicles had fewer police-reportable and injury crashes per mile than human drivers. Researchers warned that federal crash and mileage reporting must improve as autonomous vehicle fleets expand.
July 23 Auto Insurance Industry Legislation & Regulation Risk Management Technology Arizona California Texas
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