Insurance Brokerage Executive Admits Role in $133M ACA Fraud Scheme Targeting Federal Subsidies
A Florida insurance executive admitted to orchestrating a $133 million scheme involving fraudulent ACA enrollments to collect commissions from taxpayer-funded health plan subsidies.
April 23
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Florida
Homeowners Crowdsource Toxic Smoke Data After Eaton Fire Insurance Disputes
After insurers refused to pay for contamination testing, Eaton Fire survivors shared private test results online, exposing widespread toxic exposure and coverage gaps.
April 18
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Lemonade Data Breach Linked to Auto Insurance Quoting System Flaw
A technical glitch in Lemonade’s auto quote system led to the exposure of nearly 190,000 driver’s license numbers, highlighting cybersecurity risks in digital insurance platforms.
April 18
Auto
Insurance Industry
Legislation & Regulation
Technology
New York
Dog Bite Claims on the Rise as Insurers Tighten Homeowners Coverage
Dog bites led to $1.57 billion in homeowners liability claims in 2024 as insurers reassess coverage, with states like California and New York topping the list for cost and volume.
April 18
Insurance Industry
Legislation & Regulation
Liability
Property
New York Reports Surge in Workers’ Comp Fraud With $2.7M Identified in 2024
Workers’ comp fraud in New York rose nearly 30% in 2024, with 14 arrests and over $1.4 million in restitution returned to agencies, insurers, and employers.
April 18
Fraud
Insurance Industry
Legislation & Regulation
Workers' Compensation
New York
Fake Medical Labs Rake in $84K Using Stolen Insurance Info from Illinois Couple
A Des Plaines couple discovered over $84,000 in fraudulent lab charges on their health insurance, highlighting a growing scheme of phantom billing and data theft in healthcare.
April 18
Fraud
Legislation & Regulation
Life & Health
Technology
Illinois
Liberty Mutual Fined $300,000 in Delaware Over False Insurance Discount Ads
Delaware regulators fined three Liberty Mutual companies $300,000 for advertising homeowners and auto insurance discounts not available to policyholders in the state.
April 15
Auto
Legislation & Regulation
Litigation
Property
Delaware
Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict
Hackers breached Morocco’s social security database, leaking personal and financial data on Telegram amid rising cyber tensions between Morocco and Algeria.
April 14
Insurance Industry
Legislation & Regulation
Risk Management
Technology
States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns
States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Arizona
California
Georgia
Kansas
Massachusetts
California Insurance Market Struggles with Rising Risks and Regulatory Limits
Despite regulatory efforts to improve conditions, California’s insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.
April 11
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
California Wildfires Push Insured Losses Past $30 Billion in Costliest Disaster Yet
Insured losses from January’s Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.
April 8
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
EU Weighs International Carbon Credits to Ease 2040 Emissions Target for Domestic Industries
The European Commission is exploring whether to count international carbon credits toward its 2040 climate goals, a shift that could ease pressure on EU-based industries.
April 7
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
How Louisiana Can Unlock Social Mobility and Reclaim the American Dream
Louisiana ranks last in social mobility, but reforms in education, licensing, taxation, and regulation offer hope for progress and a renewed path to the American Dream.
April 4
Education & Training
Insurance Industry
Legislation & Regulation
Liability
Louisiana
Georgia Insurer Challenges $22 Million Jury Verdict After Truck Crash
A Georgia insurer is refusing to pay a $22 million jury award after a truck accident, spotlighting tensions between policy limits, tort reform, and bad faith allegations.
April 4
Insurance Industry
Legislation & Regulation
Liability
Litigation
Georgia
Auto Insurance Premiums Set to Rise as Global Tariffs Drive Up Repair Costs
New global vehicle and parts tariffs are expected to drive up repair and claim costs, forcing U.S. auto insurers to implement more premium increases in 2025.
April 4
Auto
Insurance Industry
Legislation & Regulation
Risk Management
