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Louisiana Insurance Fraud Probe Targets $4M in Alleged False Crash Claims

Louisiana Insurance Fraud Probe Targets $4M in Alleged False Crash Claims

Louisiana investigators say four suspects made false statements tied to a 2025 crash involving a waste disposal truck. Authorities allege the fraudulent claims sought nearly $4 million in compensation.
May 28 Auto Fraud Litigation Louisiana

Insurance Executive Sentenced to 12 Years in $2 Billion Fraud Scheme

Insurance Executive Sentenced to 12 Years in $2 Billion Fraud Scheme

Federal prosecutors said insurance company reserves were diverted through affiliated entities, leaving thousands of policyholders still owed more than $1 billion while regulators uncovered bribery and fraud allegations.
May 28 Fraud Insurance Industry Legislation & Regulation Litigation Risk Management North Carolina

$101M Verdict in North Carolina Wall Collapse Case May Set State Record

$101M Verdict in North Carolina Wall Collapse Case May Set State Record

A North Carolina jury awarded $101 million in a retaining wall collapse lawsuit tied to a 2021 construction accident that killed one worker and seriously injured three others. The case highlights contractor liability, construction site safety failures, and the legal exposure tied to engineering and permitting decisions.
May 28 Catastrophe Liability Litigation Property Risk Management North Carolina

Contractor Hit With Potential $2M Judgment After Inflated Hail Claim Scheme

Contractor Hit With Potential $2M Judgment After Inflated Hail Claim Scheme

A Colorado jury found a contractor intentionally interfered with an insurance contract after allegedly inflating a church hail damage claim. The verdict highlights growing insurer scrutiny of contractor involvement in appraisal disputes and claim inflation.
May 28 Catastrophe Fraud Legislation & Regulation Litigation Property Colorado

West Coast Chemical Tank Failures Spotlight Inspection Gaps and Industrial Safety Risks

West Coast Chemical Tank Failures Spotlight Inspection Gaps and Industrial Safety Risks

Deadly incidents in Washington and California are drawing attention to chemical storage inspections, emergency planning, and the risks tied to aging industrial tanks. Regulators and safety experts say maintenance failures can quickly escalate into major claims events.
May 28 Catastrophe Legislation & Regulation Liability Litigation Property California Washington

Global Transactional Risk Claims Jump 34% in 2025

Global Transactional Risk Claims Jump 34% in 2025

A new Marsh report shows global transactional risk insurance claims rose 34% in 2025, with financial statement breaches accounting for more than half of total paid losses and insurers paying nearly $650 million worldwide.
May 28 Insurance Industry Litigation Risk Management Technology Underwriting

CNN Sues Perplexity Over Alleged Copyright Infringement and AI Content Use

CNN Sues Perplexity Over Alleged Copyright Infringement and AI Content Use

CNN alleges Perplexity unlawfully used and distributed copyrighted news content through its AI search platform. The lawsuit adds to mounting legal pressure on AI companies over publisher rights and compensation.
May 28 Insurance Industry Litigation Risk Management Technology

California Chemical Tank Emergency Leaves 16,000 Displaced After Explosion Threat Eases

California Chemical Tank Emergency Leaves 16,000 Displaced After Explosion Threat Eases

Officials allowed more than half of evacuated residents to return home after pressure inside a volatile chemical tank dropped, though thousands remain displaced as investigations continue into the industrial incident.
May 26 Catastrophe Insurance Industry Liability Litigation Property California

Insurers, Pharmacies Win $885 Million Verdict Against Takeda in Generic Drug Lawsuit

Insurers, Pharmacies Win $885 Million Verdict Against Takeda in Generic Drug Lawsuit

A federal jury found Takeda used an anticompetitive settlement to delay generic Amitiza, exposing the drugmaker to potentially billions in damages under federal antitrust law. The verdict is the first plaintiff win in a jury trial involving pharmaceutical pay-for-delay claims since a 2013 U.S. Supreme Court ruling.
May 21 Insurance Industry Legislation & Regulation Life & Health Litigation Massachusetts

AI-Generated Claim Fraud Forces Adjusters to Rethink Investigations

AI-Generated Claim Fraud Forces Adjusters to Rethink Investigations

Fraudsters are using AI to create convincing photos, invoices, medical records and identities. Adjusters need stronger verification, native files, field investigation and clear evidence before denying a claim.
May 18 Auto Fraud Insurance Industry Litigation Property

Property and Casualty Insurers See Underwriting Gains Amid Auto, Liability Claims Pressure

Property and Casualty Insurers See Underwriting Gains Amid Auto, Liability Claims Pressure

The U.S. property and casualty market recorded its strongest underwriting result in more than a decade in 2025, but adjusters still face elevated catastrophe exposure, litigation pressure and rising replacement costs.
May 18 Auto Catastrophe Excess & Surplus Lines Insurance Industry Liability

Kentucky Man Accused of Staging UTV Theft in Alleged Insurance Fraud Scheme

Kentucky Man Accused of Staging UTV Theft in Alleged Insurance Fraud Scheme

Kentucky State Police say a Martin County man admitted he falsely reported a side-by-side stolen in an alleged attempt to collect insurance money. Investigators say neighbors and follow-up interviews helped uncover inconsistencies in the report.
May 13 Fraud Insurance Industry Litigation Property Kentucky

New York Man Accused of $400K Trucking Insurance Fraud Scheme

New York Man Accused of $400K Trucking Insurance Fraud Scheme

Federal prosecutors say a New York man filed false damage claims against trucking companies and insurers using fake names, repair shops and invoices.
May 13 Auto Fraud Insurance Industry Litigation New York

Dallas Financial Executive Convicted in $150 Million Insurance-Linked Fraud Scheme

Dallas Financial Executive Convicted in $150 Million Insurance-Linked Fraud Scheme

Federal prosecutors said Brad Heppner used shell companies, falsified records, and misleading debt transactions tied to GWG Holdings and Beneficient, leaving thousands of investors facing major losses.
May 13 Fraud Insurance Industry Legislation & Regulation Life & Health Litigation Texas

Instructure Faces Questions After Paying Hackers in Massive Canvas Breach

Instructure Faces Questions After Paying Hackers in Massive Canvas Breach

Hackers tied to the ShinyHunters group claimed to have stolen data tied to 275 million students and staff before disrupting school login systems. The agreement may limit immediate extortion threats, but cyber experts warn the data could still resurface.
May 13 Education & Training Insurance Industry Litigation Risk Management Technology
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