Laws & Regulations

Farmers Sues DME Suppliers for $274K No-Fault Fraud Scheme
Risk Management Farmers Sues DME Suppliers for $274K No-Fault Fraud Scheme

In a striking development that exposes vulnerabilities in New York's no-fault auto insurance system, Farmers Insurance has launched a federal lawsuit in Brooklyn, targeting over 20 individuals and businesses accused of orchestrating a sophisticated fraud scheme. Filed on September 5, this legal

Federal Insurance Sues CET Color for $350K Over Printer Fire
Regulatory & Compliance Federal Insurance Sues CET Color for $350K Over Printer Fire

Imagine a quiet manufacturing facility in Faribault, Minnesota, suddenly engulfed in flames due to a piece of equipment meant to streamline operations, leading to significant financial loss. On February 9, 2024, a fire at Trystar’s plant, traced to a CET Color UV flatbed printer, caused damages

Zurich Faces Lawsuit Over Forced Insurance in Miami
Regulatory & Compliance Zurich Faces Lawsuit Over Forced Insurance in Miami

Welcome to an insightful conversation with Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. Today, we dive into a high-profile lawsuit in Miami involving Zurich American Insurance Company and forced-placed builder’s risk

Why Is Marketplace Health Insurance Vital for Florida's Economy?
Insurance Why Is Marketplace Health Insurance Vital for Florida's Economy?

In the vibrant landscape of Florida, where small businesses fuel innovation and families strive for stability, access to affordable health insurance through the federal marketplace stands as a linchpin for both personal security and economic growth. With millions of Floridians relying on this

Why Is the US Annuity Market Breaking Sales Records in 2025?
Regulatory & Compliance Why Is the US Annuity Market Breaking Sales Records in 2025?

As we dive into the dynamic world of the US annuity market, I’m thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With annuity sales shattering records and innovative products reshaping the

Florida's Insurance Fines: A Start, But Far From Enough
Insurance Florida's Insurance Fines: A Start, But Far From Enough

In the wake of devastating hurricanes that have battered Florida’s coastlines, the state’s property insurance industry finds itself under intense scrutiny, with recent regulatory actions exposing deep-rooted issues that have left countless homeowners in distress. State regulators have imposed fines

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