
Insurers Gained $50 Billion From Medicare for Untreated Diseases
Medicare Advantage insurers received $50 billion from questionable diagnoses, including diseases like diabetic cataracts and HIV, for conditions that were not treated or didn’t exist.
July 8, 2024
Fraud
Insurance Industry
Legislation & Regulation
Technology
Alabama
Arizona
Florida
Georgia
Massachusetts

Hurricane Beryl Slams Texas with Deadly Force: 90 mph Gusts, Life-Threatening Storm Surge
Hurricane Beryl made landfall in Texas, bringing 90 mph winds, torrential rain, and life-threatening storm surge, leaving one person dead and over 1.5 million without power.
July 8, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Texas

Hurricane Beryl’s Unprecedented Early Season Impact Signals Climate Concerns
Hurricane Beryl’s rapid intensification in early July breaks records and raises concerns about future storm activity due to climate change.
July 2, 2024
Catastrophe
Property
Risk Management
Texas

Escalating Home Insurance Costs Linked to Disaster Risk: Insights from Mortgage Escrow Data
An analysis of 47 million homeowners’ insurance expenditures reveals a sharp increase in premiums from 2020 to 2023, with disaster-prone areas experiencing the most significant hikes due to rising reinsurance costs.
July 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Louisiana
Texas

Former Green Bay Packer Randall Cobb, and Family Survive House Fire in Nashville
NFL wide receiver Randall Cobb and his family narrowly escaped a fire at their Nashville home, which began in the garage and caused significant damage, but fortunately left everyone unharmed.
June 27, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Tennessee
Texas

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

Copper Cable Theft Plagues EV Charging Stations
The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19, 2024
Insurance Industry
Property
Risk Management
Technology
Arizona
California
Colorado
Illinois
Nevada

Tropical Storm Warning Issued for Southern Texas as First Storm of Hurricane Season Approaches
The first tropical storm warning of the season has been issued for southern Texas as a developing storm in the Gulf of Mexico threatens heavy rain, flooding, and strong winds.
June 18, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Texas

El Paso Woman Files $1 Million Lawsuit Against Mexican Resort Over Husband’s Electrocution
Lizzette Zambrano sues Sonoran Sea Resort for over $1 million after her husband, Jorge Guillen, was electrocuted in a hot tub, leaving her critically injured and claiming his life.
June 17, 2024
Liability
Litigation
Property
Risk Management
Arizona
Texas

Heavy Rains Aim for Texas and Louisiana as Tropical System Brews in Gulf of Mexico
AccuWeather hurricane experts are monitoring the southwestern Gulf of Mexico for potential tropical development this week.
June 17, 2024
Catastrophe
Property
Risk Management
Florida
Louisiana
Texas

Common Apps May Share More Driver Data with Insurers Than Expected
Many drivers are unaware that auto insurance companies may be receiving their driving data from commonly used apps, even if they haven’t signed up for usage-based insurance programs.
June 17, 2024
Auto
Insurance Industry
Risk Management
Technology
Connecticut
New Jersey
Texas

Texas Man Sentenced for $2 Million Unemployment Insurance Fraud
Frank Sherman of Garland, Texas, received a two-year prison sentence and must pay nearly $2.3 million in restitution for his involvement in an unemployment insurance fraud scheme.
June 13, 2024
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
Nevada
Texas

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights
Swiss Re’s 2024 SONAR report identifies 16 emerging risks, highlighting the compounding effects of natural disasters on critical infrastructure, supply chains, and healthcare systems, stressing the need for increased resilience and investment.
June 12, 2024
Catastrophe
Life & Health
Property
Risk Management
California
Texas

Texas Supreme Court Dismisses Stonewater Roofing’s Claims Against Insurance Regulations
The Texas Supreme Court dismissed Stonewater Roofing’s constitutional claims challenging state regulations requiring licensing for public insurance adjusters, upholding the Texas Department of Insurance’s motion.
June 11, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Texas

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



