Claims

Stolen Lexus Claim Denied Over False Security System Lie
Insurance Stolen Lexus Claim Denied Over False Security System Lie

In the quiet hours of the night at 3:30 a.m., a neighbor in Brampton, Ontario, faced a devastating loss when their Lexus was stolen right from their driveway, an incident that has since captured widespread attention through a viral TikTok video shared by user @recyclemikey. This unsettling event,

FMA Urges Insurers to Improve Claims for Consumer Needs
Risk Management FMA Urges Insurers to Improve Claims for Consumer Needs

In the wake of devastating natural disasters, the Financial Markets Authority (FMA) of New Zealand has sounded a critical alarm for the insurance industry, urging a transformation in how claims are handled to better serve consumers. The FMA's recent report, titled "Weather Events Claims Insights,"

Allstate Faces Strategic Crossroads in Dynamic Market
Risk Management Allstate Faces Strategic Crossroads in Dynamic Market

In the ever-shifting landscape of the U.S. insurance industry, Allstate Corporation (NYSE: ALL) stands as a prominent figure grappling with a myriad of challenges and opportunities in 2025. As a key player in the property and casualty (P&C) market, the company is navigating a post-pandemic world

How Did Brooklyn Men Stage Crashes for Insurance Fraud?
Risk Management How Did Brooklyn Men Stage Crashes for Insurance Fraud?

In a startling revelation from Queens, New York, a sophisticated scheme involving staged car crashes has come to light, exposing a calculated attempt to defraud insurance companies for substantial payouts. Two Brooklyn men, Jaime Huiracocha, 53, and Victor Murillo, 34, stand accused of

Iowa Warns of Storm Scams Targeting Disaster Victims
Risk Management Iowa Warns of Storm Scams Targeting Disaster Victims

In the wake of devastating storms that have swept through Northwest Iowa, leaving communities grappling with destruction and loss, a troubling wave of fraudulent activity has emerged as a secondary threat to vulnerable residents. Severe winds and torrential rains have not only damaged homes and

Can Delayed Insurance Claims Survive in Florida Courts?
Risk Management Can Delayed Insurance Claims Survive in Florida Courts?

In July 2025, a pivotal ruling by a Florida appeals court highlighted the potential complexities surrounding insurance claims. Homeowners Corina and Cesar De Leon faced a significant legal hurdle when their late windstorm damage claim, almost two years delayed, came under scrutiny. Initially filed

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