Insurance

Allstate launches lawsuit accusing podiatrists of orchestrating no-fault fraud scheme

The lawsuit names Dr. Jeffrey I. Kriegel and Dr. William Michael Levine, along with their respective sole proprietorships and a...

Amazon Web Services outage losses could reach $581M: CyberCube

CyberCube said the outage, which occurred on October 20, affected a wide array of dependent digital platforms, including Snapchat, Fortnite,...

Tesla’s ‘Mad Max’ mode draws scrutiny as safety regulators probe aggressive driving behavior

Under U.S. regulations, Tesla’s system is classified as “Level 2 automation,” meaning that a human must remain in control and...

Global insurance rates fall amid softer market conditions – report

All global regions experienced composite rate decreases in the third quarter. The Pacific region saw the largest decline at 11%,...

Old Republic takes Citibank to court over $525k escrow fraud claim

According to the complaint, the buyer deposited the purchase funds with Old Republic Title, Ltd. On May 8, 2025, the...

Slower growth ahead for renewables sector, but insurance can keep the market charged

“Our job is to be candid with brokers and insureds about design and operational resilience, and make sure those price...

Liberty’s accelerates growth with fresh capital and new partner

Funding to boost tech, talent, and future partnerships Disclaimer: This story is auto-aggregated by a computer program and has not...

Acrisure to cut 400 accounting jobs

The decision comes as the company builds on its technology-driven strategy. In May, Acrisure secured $2.1 billion in funding from...

GEICO sues Florida clinic, claims $4.6 million PIP fraud scheme

GEICO and its affiliated companies have filed a complaint in the United States District Court for the Middle District of...

19 missing after explosion at Tennessee munitions plant

Accurate Energetic Systems, which produces explosives for military, aerospace, and commercial demolition markets, is a major employer in the rural...

State Farm wins key California court battle over assault claim coverage

On October 7, 2025, the California Court of Appeal, Fourth Appellate District, Division One, affirmed a judgment in favor of...

State Farm hit with lawsuit as policyholders claim AI-driven discrimination

The complaint goes further, accusing State Farm of exploiting elderly, blind, and partially blind policyholders by selling them unneeded, unnecessary,...