Insurance

In the last few years, the video game industry has been hit with lawsuits accusing certain games of fostering addictive behaviors, especially among younger players. These lawsuits often cite features like loot boxes, microtransactions, and reward systems, which are designed to enhance player engagement, as in-game mechanisms that push players toward compulsive play and psychological

According to a recent report by Conning, the escalating impact of natural catastrophes is threatening the homeowners insurance sector, indicating that the industry cannot sustain its current trajectory without significant changes. While natural disasters have always posed risks to insurers, losses have surged dramatically in recent years. Between 1991 and 2016, natural catastrophe losses averaged

What’s going on here? Aon exceeded Wall Street’s expectations in the third quarter, driven by impressive growth in its commercial and health insurance sectors. What does this mean? Aon’s latest financial results underscore its resilience and strategic strengths within the insurance industry. The company’s commercial risk solutions division experienced a 17% revenue increase, reaching $1.85

Big litigation losses have slammed the market for insuring court awards, leaving potential clients with narrower coverage options and premium costs that have as much as doubled. The most recent example of industry carnage was a judge on Oct. 10 slashing Quinn Emanuel’s fee for the law firm’s work on a case to $92.4 million

A notorious crew of fraudsters has been terrorizing a NYC roadway for at least the last three months, causing multiple car crashes in pursuit of a petty payout in the complicated insurance fraud scheme while using the same getaway car for the ringleader’s quick escape. The dangerous stunt — using older cars and brake checking

H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President Role Danny Kaufman H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The newly created positions establish distinct leadership responsibilities across Kaufman’s broad global portfolio. Alan Jay Kaufman will continue serving as Kaufman’s Chairman and

Rochester, N.Y. (WHAM) — Rochester area homeowners shared their thoughts on seasonal vs. pay-per-plow services ahead of winter. We’ve been spoiled the last couple of days with bright sunny skies and warm air. But we all know what’s coming soon…. Snow. Before we know it, streets may be slushy, and driveways may be covered in

GEICO is entitled to nearly $700,000 in damages after a federal appeals court concluded Thursday that a lower court correctly ruled that a spinal clinic submitted ineligible treatments for reimbursements. The Right Spinal Clinic Inc. wasn’t eligible for about $690,000 in reimbursements for work done by its massage therapists, whether they were supervised by a

QUEENS (WABC) — The Honda involved in the alleged insurance scam crash on the Belt Parkway in Queens is in police possession, police confirm. The NYPD is investigating a crash that appears to have been staged. No arrests have been made. A driver posted a dash cam video that went viral on Tiktok of the

For the third year in a row, health care premiums for schools in Vermont are set to rise by double digits. The Vermont Education Health Initiative — which manages health care plans for about 34,000 school employees and their dependents — announced proposed premium hikes this week that will average 11.9% next year. The rates