Cannabis Grower’s $1.3M Business Income Claim Denied After Fire Damages Crops

A federal court ruled that a cannabis grower’s business income loss was not covered by its insurance policy after a fire damaged crops but did not halt overall operations.
January 24 Insurance Industry Litigation Property Risk Management Connecticut

Contractor Faces OSHA Penalties After Worker Falls from Boston Theater Scaffold

A federal investigation found safety violations by NER Construction Management led to a worker’s fatal fall at the Cutler Majestic Theater in Boston. OSHA has proposed $115,221 in fines.
January 24 Legislation & Regulation Litigation Risk Management Workers' Compensation Massachusetts

How Geoeconomic Fragmentation is Reshaping the Insurance Landscape

Discover insights from the Geneva Association’s 2025 report on geoeconomic fragmentation, exploring how global divides are transforming risks, opportunities, and strategies for the insurance industry.
January 24 Insurance Industry Liability Risk Management Technology

California Wildfires Drive Record Insurance Losses and Policy Changes

Moody’s projects $30 billion in insured property losses from Los Angeles County wildfires, highlighting the challenges of insuring high-risk areas and the strain on California’s FAIR plan.
January 24 Catastrophe Legislation & Regulation Property Risk Management California

New York Woman Charged with $130,000 Welfare Fraud and Insurance Scheme

A New York resident allegedly defrauded Medicaid, childcare assistance programs, and her car insurance provider by misrepresenting income and residency over several years.
January 24 Fraud Insurance Industry Legislation & Regulation Risk Management New Jersey New York

Historic Snowstorm Brings Chaos to US South With Record-Breaking Cold and Snowfall

A rare snowstorm dumped record amounts of snow across the US South, causing travel chaos, frozen pipes, and widespread disruptions in states unprepared for such severe winter weather.
January 24 Catastrophe Property Risk Management Technology Arkansas Florida Georgia Louisiana Oklahoma

Leveling the Playing Field with AI: Tools to Address Algorithmic Bias

Learn how to detect and mitigate bias in AI systems with practical tools and strategies, emphasizing fairness in decision-making for insurance fraud detection and beyond.
January 23 Education & Training Fraud Risk Management Technology

Health Insurance Fraud Case Resolved by Austin-Based Small Group Business

An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
January 23 Fraud Legislation & Regulation Life & Health Risk Management Alabama Arizona Arkansas Florida Louisiana

Court Rules Sky Betting Violated Data Laws to Target Problem Gambler

A UK court found that Sky Betting and Gaming illegally profiled a gambling addict for marketing purposes, sparking further scrutiny of data practices in the gambling industry.
January 23 Legislation & Regulation Litigation Risk Management Technology

Cargo Theft Hits Unprecedented Highs in 2024, with $202K Average Loss Per Incident

Cargo theft incidents surged 27% in 2024, reaching 3,625 reported cases in the U.S. and Canada. California and Texas were hit hardest, with criminals shifting to high-value targets like electronics and copper.
January 23 Fraud Property Risk Management Technology California Georgia New York Texas

Record Catastrophe Bond Issuance of $17.7 Billion in 2024

Catastrophe bonds and related insurance-linked securities surged to a record $17.7 billion in issuance during 2024, driven by a robust first half and strong year-end performance.
January 21 Catastrophe Property Risk Management Technology California Florida Louisiana Massachusetts Texas

FEMA Partners with 27 Reinsurers to Transfer $758M in Flood Insurance Risk

FEMA has expanded its flood insurance reinsurance program for 2025, transferring $758 million in risk to 27 private reinsurers and covering portions of losses from catastrophic flood events.
January 21 Catastrophe Insurance Industry Property Risk Management

Consumers Weigh in on AI Use in Severe Weather Insurance

A new report reveals mixed consumer opinions on insurers using AI for severe weather predictions, highlighting the need for transparency and education to build trust in these tools.
January 21 Insurance Industry Property Risk Management Technology Connecticut

Efforts Intensify to Combat Fraud Targeting Wildfire Survivors in Southern California

California authorities, including Insurance Commissioner Ricardo Lara, are addressing rising fraud cases after wildfires, deploying resources to protect survivors and prosecute scammers.
January 21 Catastrophe Fraud Litigation Risk Management California

Florida and Alabama Declare Emergencies as Rare Snowstorm Approaches

Florida and Alabama declared states of emergency as a rare snowstorm approached the region, prompting closures, emergency measures, and National Guard activation.
January 21 Catastrophe Insurance Industry Legislation & Regulation Risk Management Alabama Florida
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