Patricia Wells

An Illinois chiropractor was sentenced to nearly two years in prison for defrauding Medicare and a dozen other insurance companies out of millions of dollars. Carrie Musselman, 48, from Eureka, received a 20-month prison term on June 24 after a jury found her guilty of healthcare fraud and multiple counts of wire fraud. Authorities revealed … Read more

Insurance companies covering marine, aviation, cyber, and terrorism risks are facing immediate challenges due to the rising conflict between Iran and Israel. According to a recent report by Morningstar DBRS, these sectors could see heightened underwriting pressures and potential large losses if the tensions continue. The report highlights that marine insurers are the first to … Read more

Michigan Attorney General Dana Nessel has reached a settlement with Domtar Industries, LLC and E.B. Eddy Paper, Inc. over contamination at a composting site near Port Huron. The case involves the release of harmful chemicals called PFAS, which can have long-lasting impacts on the environment and public health. Nessel had filed a lawsuit against the … Read more

A Los Angeles County judge has ruled that the California FAIR Plan’s policy on smoke damage breaks state law by not covering cleanup and remediation costs. The decision came on Tuesday from Judge Stuart Rice, who said the FAIR Plan falls short of the state’s Standard Form Fire Insurance Policy requirements by offering less coverage … Read more

Last September, Hurricane Helene hit Lake Lure, North Carolina, hard. The century-old dam that holds back the lake was badly damaged, with floodwaters carving a huge scar on one side and washing away five months of rain in a single storm. The town’s emergency sirens warned residents of a possible dam failure, urging the 3,000 … Read more

Alijah Arenas, a top college basketball recruit and freshman at the University of Southern California, opened up about a terrifying crash involving his Tesla Cybertruck earlier this year. The accident happened in April in Los Angeles when the steering wheel on his electric truck suddenly stopped working, causing him to crash into a fire hydrant. … Read more

Brit Group Holdings Limited has introduced Brit Flood, a new online tool designed to help insurance brokers offer faster and more flexible flood coverage in the United States. This platform aims to close the gap in flood protection as floods become more frequent across the country. With over 13 years of experience providing primary flood … Read more

Ryan Transactional Risk has introduced a new insurance product aimed at helping companies manage the risk of unexpected costs during environmental clean-ups. The product, called Ryan Transactional Risk Enviro, is designed to cover cost overruns in projects involving environmental remediation, such as corporate deals, mergers and acquisitions, and real estate developments. This insurance is meant … Read more

The U.S. National Highway Traffic Safety Administration (NHTSA) is looking into Tesla’s new robotaxi service after spotting videos online that show one self-driving car using the wrong lane and another speeding. These incidents have raised safety questions as Tesla recently launched a limited paid robotaxi program in Austin, Texas, deploying around a dozen autonomous vehicles. … Read more

A cargo ship that caught fire in the middle of the Pacific Ocean earlier this month has now sunk. The vessel was carrying around 3,000 vehicles, including about 800 electric cars, when flames broke out on board. The fire started on a deck loaded with electric vehicles, and despite efforts to control it, heavy weather … Read more