Monthly Archives: <span>April 2025</span>

Southern California Edison Lays Out $925M Plan to Rebuild After LA Wildfires

Southern California Edison (SCE), a subsidiary of utility Edison International, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January. The preliminary plan …

Five Charged in Multi-Million-Dollar Insurance Fraud Case

Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 million. The five, which include a former insurance agent, reportedly fraudulently obtained more than $1.4 million …

FAA Grounds Helicopter Company After Fatal New York Crash

The Federal Aviation Administration ordered New York Helicopter Charter Inc. to cease operations while it conducts a review of the tour operator’s license and safety record following a deadly crash last week. The regulator’s decision, announced on X, came just …

Could Utility Gear Set Your Neighborhood on Fire? California Risk Maps Are 8 Years Old

Weeks after deadly fires swept through Los Angeles County, the state regulator in charge of overseeing utility companies declined a request that would have required California’s largest utilities to update maps showing high fire threat areas. Consumer advocates argued for …

Idaho Bail Agent Convicted of Insurance Fraud for Mishandling Funds

An Idaho man pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds for personal use. Johnny Mateo Robles, Jr. of Twin Falls, pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds that …

Allstate Agent Can Be Sued Over Nonrenewal of ‘Grandfathered’ Flood Insurance Policy

A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of “grandfathered” lower premiums on flood …

AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers

According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings. The industry financial strength …

Ransomware Hits DaVita, Kidney Care Provider Serving Hospitals

DaVita Inc. said it has been impacted by ransomware that had locked down parts of its network. The company, which specializes in providing kidney dialysis to patients at more than 700 hospitals in the US, said in a statement Monday …

EEOC Sues Illinois Shipping Company Under Pregnant Workers Fairness Act

The U.S. Equal Employment Opportunity Commission (EEOC) sued R&L Carriers Shared Services, LLC, a freight transportation and logistics company, to enforce a subpoena that the EEOC issued during their investigation of a sex and pregnancy discrimination charge, the federal agency …

Houston Resident Charged in $35M Fraud Scheme

A 62-year-old Houston resident has admitted to laundering proceeds from a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei. William Mills admitted that from 2014 to 2023, he conspired with others in a bank fraud scheme involving dozens …