Homeowners Take Legal Action Against USAA and AAA Insurers Over Los Angeles Wildfire Coverage Disputes
Lawsuits filed in Los Angeles County accuse USAA and AAA-affiliated insurers of underinsuring homes damaged in the January 7 wildfires, leaving policyholders unable to rebuild.
June 9
Catastrophe
Insurance Industry
Litigation
Property
California
Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat
Researchers are diving into hailstorms across Texas, Oklahoma, and Kansas to better understand one of the U.S.’s costliest but most overlooked weather risks.
June 9
Catastrophe
Insurance Industry
Property
Risk Management
Colorado
Kansas
New Mexico
Oklahoma
Texas
Chinese Cyberattacks and User Mistakes Spark Growing Mobile Security Emergency
U.S. investigators warn that Chinese cyberattacks and user carelessness are turning smartphones into national security risks, exposing sensitive data and infrastructure.
June 9
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Illinois
Michigan
Lawsuit Against Nationwide Challenges Mass Pet Insurance Cancellations
Nationwide faces legal backlash after canceling 100,000 pet insurance policies, with allegations of broken promises and a growing debate over ethics and contract law.
June 9
Insurance Industry
Life & Health
Litigation
Risk Management
Severe Storms in US and Europe Trigger Massive Insured Losses
Severe storms across the US and Europe from late May to early June caused extensive hail, flood, and wind damage, with insured losses reaching into the billions.
June 9
Catastrophe
Insurance Industry
Property
Risk Management
Illinois
Iowa
Kansas
Missouri
Texas
Philadelphia Transit Lot Fire Destroys 40 Decommissioned Buses
A fire at a SEPTA bus lot in Philadelphia destroyed 40 decommissioned vehicles but caused no injuries or disruptions to commuter service, officials said.
June 9
Catastrophe
Insurance Industry
Property
Risk Management
Pennsylvania
Food Delivery Giants Resolve Legal Fight Over NYC Wage and Fee Laws
DoorDash, Grubhub, and Uber Eats settled lawsuits over New York City laws boosting delivery worker pay and capping restaurant fees, paving the way for legal revisions.
June 9
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
New York
Florida Property Insurers Return to Profit in 2024 After Eight-Year Losing Streak
Following legislative reforms and shifting market dynamics, Florida’s personal property insurers posted underwriting profits in 2024 for the first time in nearly a decade.
June 4
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida
Illinois Doctor Faces Sentencing for Defrauding Medicaid and Insurance Providers
Dr. Mona Ghosh, a suburban Chicago physician, awaits sentencing after pleading guilty to submitting $1.5 million in false insurance and Medicaid claims.
June 4
Fraud
Insurance Industry
Life & Health
Litigation
Illinois
Long COVID Drives Most Workers’ Comp COVID Costs in California
A new study reveals that although Long COVID made up just 4.7% of California workers’ comp COVID claims, it accounted for nearly three-quarters of total claim costs from 2020 to 2022.
June 4
Insurance Industry
Life & Health
Risk Management
Workers' Compensation
California
Investigators Say Central California Carjacking Was Staged as Insurance Fraud
A reported van theft involving $60,000 in merchandise near Madera, California was revealed to be a staged event for insurance money, authorities say.
June 4
Auto
Fraud
Insurance Industry
Property
California
Mondelez Sues Aldi Over Lookalike Packaging for Store-Brand Cookies and Crackers
Mondelez International has filed a federal lawsuit in Illinois accusing Aldi of copying the packaging of iconic snacks like Oreos and Wheat Thins, citing brand confusion and trademark infringement.
June 4
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Illinois
Victoria’s Secret Temporarily Shuts Down Website After Cybersecurity Breach
Victoria’s Secret shut down its website and systems on May 26 following a cyber incident, restoring services by May 29. Some in-store functions were also briefly disrupted.
June 4
Insurance Industry
Property
Risk Management
Technology
Lafayette Parish Crash Leads to $10 Million Insurance Fraud Investigation
Authorities in Louisiana arrested three men accused of staging a crash that led to nearly $10 million in fraudulent insurance claims involving juveniles.
June 4
Auto
Fraud
Insurance Industry
Litigation
Louisiana
AI Uncovers Insurance Fraud Weeks Ahead of Traditional Detection Methods
New research shows AI tools can flag potentially fraudulent property and casualty claims just two weeks after filing, outperforming traditional investigation methods.
June 4
Fraud
Insurance Industry
Property
Technology
Arizona
Michigan
