INSURANCE NEWS
Maryland Mechanic Sentenced for Filing $223,000 in False Claims for Auto Repairs
A Maryland mechanic who filed false claims for automobile repairs and was paid more than $223,000 by insurers will have to spend at least a few years behind bars after he was sentenced this week. Kenneth Wayne Collins, 36, was …
FTX Investors Shift Focus to Celebrity Endorsers After SBF Conviction
Sam Bankman-Fried’s criminal fraud conviction came just as the FTX implosion was approaching its first anniversary. But for others who helped promote the cryptocurrency exchange, the legal fallout will continue for years. Attention now turns to a sweeping class-action suit …
Georgia Law Officers Call for Full Salary Benefits Under Workers’ Comp
Georgia law enforcement leaders are urging state lawmakers to grant injured officers their full salaries while they recover, a move that could significantly alter the nature of workers’ compensation insurance. News outlets in the state reported that sheriffs and police …
Fatal Fire in Maine Under Investigation
FORT FAIRFIELD, Maine (AP) — A house fire in northern Maine that killed a father, mother and daughter is under investigation, police said Thursday. The fire took place in Fort Fairfield late last week. Police said the fire killed three …
Off-duty US Park Police Unintentionally Shot Fellow Officer in Virginia, Police Say
McLEAN, Va. (AP) — An off-duty U.S. Park Police officer fatally shot another off- duty officer in a Virginia apartment in what local authorities are describing preliminarily as an unintentional shooting involving alcohol. Fairfax County detectives determined that the officer …
WTW Launches Asia Pacific Climate Risk Centre in Singapore
WTW announced the launch of an Asia Pacific Climate Risk Centre (ACRC) in Singapore, which aim to provide climate risk quantification and management capabilities to support the region’s climate resilience and transition to net zero. The centre reinforces WTW’s commitment …
Right Turn on Red? With Pedestrian Deaths Rising, US Cities Are Considering Bans
Sophee Langerman was on her way to a bicycle safety rally in Chicago’s Lakeview neighborhood in June when a car turning right rolled through a red light and slammed into her bike, which she was walking off the curb and …
Siemens, Ericsson Warn Proposed EU Cybersecurity Rules May Disrupt Supply Chains
Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic. Proposed by …
Nike Sues New Balance, Skechers for Patent Infringement Over Sneaker Tech
Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike’s technology for making upper portions of sneakers. The lawsuits said that several New Balance athletic shoes and Skechers …
Microsoft Vows to Revamp Security Products After Repeated Hacks
Microsoft Corp., battered for its role in several major hacks, said it’s revamping the way it provides cybersecurity protection, using artificial intelligence and other methods to speed the company’s response to vulnerabilities and better protect customers. In a blog post, …
Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push
Palo Alto Networks Inc. agreed to buy Talon Cyber Security Ltd., marking the second acquisition of an Israeli peer within a week. The deal is valued at about $625 million, according to a person familiar with the plans who asked …
Collab with Claims Handling is Key to Success for Insurance Defense Litigation
Navigating insurance defense litigation is a complex and often challenging process. Understanding the roadmap and important rules along the way ensures a smoother and more successful path. It is crucial for claims handlers and defense counsel to work together to …