The first quarter of 2024 sees a significant uptick in ransomware attacks, especially on healthcare providers, amidst ongoing cybercriminal activities.
  May 6   Insurance Business Fraud Life & Health Risk Management Technology

Climate change intensifies extreme precipitation, escalating flood risks across the U.S. with significant increases in the Northeast and Midwest.
  May 6   Climate Central Catastrophe Property Risk Management Alabama Alaska Georgia Hawaii Kentucky

The NCAA may pay over $2.7 billion in a landmark settlement, reshaping financial dynamics with athletes and aiming to stabilize college sports.
  May 6   ESPN Education & Training Legislation & Regulation Liability Risk Management

A city councilman has pled guilty to distributing illegal substances disguised as CBD products through his vape shops.
  May 6   Justice Department Fraud Insurance Industry Legislation & Regulation Liability Mississippi North Carolina

As AI technology evolves, its misuse in creating fraudulent car insurance claims is surging, posing new challenges for insurers.
  May 6   Car Expert Auto Fraud Insurance Industry Technology

Businesses now face increased liability from employee’s online behaviors, making robust insurance policies essential to manage risks.
  May 6   Risk & Insurance Insurance Industry Liability Risk Management Technology

A dual U.S.-Turkey citizen from Florida has been sentenced to over six years in prison for trafficking counterfeit Cisco products, endangering national security and public safety.
  May 3   Department of Justice Fraud Insurance Industry Legislation & Regulation Technology Florida New Jersey Ohio

The City of Miami General Employees’ Retirement Trust has initiated a class action lawsuit against Globe Life, citing serious allegations of fraud and workplace misconduct.
  May 3   Insurance Business Fraud Insurance Industry Litigation Florida Texas

Major U.S. business groups have initiated a lawsuit against the FTC’s sweeping ban on noncompete clauses, arguing it oversteps legal authority.
  May 3   Freeman Mathis & Gary LLP Legislation & Regulation Litigation Texas

As businesses increasingly rely on intangible assets, effective management and advanced AI technologies become pivotal to securing and enhancing their value.
  May 3   International Insurance Society Insurance Industry Risk Management Technology

Marriott recently disclosed that its 2018 data breach, impacting 500 million guests, was not protected by encryption as previously claimed.
  May 2   PC Mag Insurance Industry Litigation Risk Management Technology

A comprehensive review of 2023 highlights reduced prescription costs and significant declines in opioid use within the insurance industry.
  May 2   Enlyte Life & Health Risk Management Technology Workers' Compensation

Amid a competitive landscape, insurance marketers are leveraging real-time data to engage customers with targeted, relevant messaging that maximizes retention and acquisition.
  May 2   Insurance Thought Leadership Insurance Industry Risk Management Technology

Chubb, the insurer for Baltimore’s Francis Scott Key Bridge, is set to pay out $350 million following the bridge’s catastrophic collapse, which resulted in significant economic and human losses.
  May 2   Business Insider Catastrophe Insurance Industry Litigation Marine Maryland

A recent CDC report investigates a cluster of infections linked to Brazilian butt lift procedures at a South Florida clinic, emphasizing the need for improved safety protocols.
  May 2   Tampa Bay Times Legislation & Regulation Life & Health Risk Management Weird California Florida

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