Insurance Journal

AUGUST 5, 2024

Justice Department on Aug. 1 debuted its first-ever whistleblower program offering monetary awards to tipsters who report certain types of corporate misconduct, an effort designed to ratchet up the pressure on companies who face allegations of wrongdoing. The …

Crime 278

Crime Risk 278

LexisNexis

OCTOBER 19, 2024

Created by Congress 24 years ago with overwhelming bipartisan support, the visa was meant to encourage unauthorized immigrants fearful of deportation to report crime; it was double-billed as a law enforcement and a humanitarian tool.

Crime 45

Crime 45

Distinguished

OCTOBER 9, 2024

New York – Distinguished Programs (“Distinguished”), a national insurance program manager, announced an expanded partnership with Berkley Program Specialists (“BPS”), a leading provider in the industry, to underwrite its Community Associations Crime and D&O products. Starting Jan.

Crime 52

Crime Broker-Agent Inland Marine Broker 52

Insurance Journal

OCTOBER 7, 2024

Italian prosecutors on Saturday accused seven people and two sub-contractors of crimes including fraud and breaching airplane safety rules following an investigation into suspected flawed parts produced by an Italian company for Boeing. The prosecutors launched their investigation in late …

Crime 254

Crime Risk Liability Insured 254

Insurance Journal

SEPTEMBER 23, 2024

million to a citizen who spent 36 years in prison for a crime he did not commit. A Massachusetts town has agreed to pay $14.9 Town officials in Braintree said they hope to recover much of that payment from its …

Crime 261

Crime Insurance Insurer Insured 261

LexisNexis

SEPTEMBER 6, 2024

Gomez "We have previously held that California Penal Code § 245(a)(1) constitutes a crime of violence, but our decisions are clearly irreconcilable with the Supreme Court’s ruling in Borden v. In light of Borden, we hold that convictions under California Penal Code § 245(a)(1) do not qualify as crimes of violence."

Crime 40

Crime 40

Insurance Journal

SEPTEMBER 16, 2024

AP) — A Canadian man has pleaded guilty to federal crimes for shootings at electrical substations and an oil pipeline in the Dakotas that caused $1.7 BISMARCK, N.D. (AP) million in damages. Cameron Monte Smith pleaded guilty Wednesday in U.S. District …

Damage 262

Damage Crime 262

Insurance Journal

JULY 17, 2024

Jillian Anderson was planning to make fighting crime in Waikiki the top issue in her campaign for a seat in the Hawaii House of Representatives. Then came the letter from her condo association announcing a 300% increase in insurance premiums, …

Premium 147

Premium Crime Insured Insurance 147

LexisNexis

AUGUST 8, 2024

IDP, HIRCP, Aug.

Crime 45

Crime 45

Insurance Journal

JULY 14, 2024

By Ed White The city of Detroit has agreed to pay $300,000 to a man who was wrongly accused of shoplifting and also change how police use facial recognition technology to solve crimes. The conditions are part of a lawsuit …

Crime 130

Crime 130

Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. At worst, a high crime score may preclude the owner of a multifamily housing complex from obtaining insurance coverage, and at best, a high crime score may result in higher premium costs.

Crime 52

Crime Insurance Carrier Risk General Liability 52

LexisNexis

AUGUST 22, 2024

LAW-ABIDING IMMIGRANTS: THE INCARCERATION GAP BETWEEN IMMIGRANTS AND THE US-BORN, 1870–2020 "We provide the first nationally representative long-run series (1870–2020) of incarceration rates for immigrants and the US-born. As a group, immigrants have had lower incarceration rates than the US-born for 150 years."

Crime 45

Crime 45

LexisNexis

AUGUST 27, 2024

815 (BIA 2024) (1) A conviction for an attempt to commit a crime may constitute a crime of child abuse, child neglect, or child abandonment under section 237(a)(2)(E)(i) of the Immigration and Nationality Act, 8 U.S.C. § § 1227(a)(2)(E)(i), for having committed a crime of child abuse. . § Matter of D.

Crime 40

Crime Injury Claim 40

Frankenmuth Insurance

OCTOBER 10, 2024

Minimize crime with security cameras, ample exterior lighting, and alarm systems. Putting yourself in a robber’s shoes can help you make proactive adjustments and prevent crime. Setting up or running the small business of your dreams? Reduce your risks with these 13 retail store safety tips: Step up your security. What would you take?

Crime 112

Crime Workers Compensation Commercial Agents 112

LexisNexis

SEPTEMBER 20, 2024

847 (BIA 2016), are categorically not for crimes involving moral turpitude because the statute does not require an intent to permanently deprive the victim of property. App’x 107 (3d Cir. 2009), overruled in part. (2) "This case is before the Board pursuant to a remand from the United States Court of Appeals for the Third Circuit.

Theft 45

Theft Crime 45

LexisNexis

OCTOBER 10, 2024

to file a beneficial ownership report with the Financial Crimes Enforcement Network (FinCEN) of the U.S. These reports are intended to help FinCEN assemble a massive database that can be used to fight money laundering and other financial crimes, in cooperation with other U.S. Treasury Department. law enforcement agencies.

Crime 105

Crime Protection 105

Jackson & Jackson

APRIL 30, 2024

Crime Rates Areas with higher crime rates often have higher property insurance rates due to the elevated risk of theft, vandalism, and other crime-related damages. Strategy for Investors: Check local crime statistics as part of your due diligence when purchasing property.

Commercial Property 52

Commercial Property Property Insurance Commercial Crime 52

Distinguished

AUGUST 14, 2024

Other Community Associations Products   Submit ALL Community Associations Packages* through the new Broker Connect portal.  D&O & Crime continue to submit through the legacy broker portal.  Here’s a handy guide that will walk you through the process. Please give us a call at 888-355-4626 (press #). 

Crime 52

Crime Broker Insured Insurance 52

LexisNexis

AUGUST 6, 2024

Read now » Related Content Corporate Transparency Act (CTA) Resource Kit Get a brief overview of the CTA and regulations promulgated thereunder by the Financial Crimes Enforcement Network.

Crime 40

Crime Risk 40

Triple-I: Business Insurance

APRIL 4, 2024

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. Email compromise, cryptocurrency fraud, and ransomware increase In addition to record-high financial losses from cybercrimes overall in 2023, the report revealed trends across crime methodology and targets. billion in 2022 to $3.94

Financial Loss 52

Financial Loss Cyber Crime Risk 52

Frankenmuth Insurance

OCTOBER 3, 2024

Cyberattacks are the fastest-growing crime in the United States, which is why businesses today benefit from cyber insurance. Ensure team members don’t enter proprietary information into AI systems, as it can be used in the future AI learning process and knowledge base. Consider cyber insurance.

Cyber 91

Cyber Crime Agents Protection 91

LexisNexis

AUGUST 20, 2024

Risk of Cryptoassets—A Financial Crime, Money Laundering, and Terrorist Financing Perspective Examining the risks of cryptoassets from a financial crime, money laundering, and terrorist financing perspective.

Crime 40

Crime Risk License Policy 40

Scott Insurance

FEBRUARY 27, 2024

suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance. Unique Challenges for Affordable Housing Although there are exceptions, affordable housing properties are often older than market-rate housing, have more urban/rural exposure (vs.

Deductible 52

Deductible Underwriting Underwriter Property Insurance 52

Risk Management Monitor

MAY 17, 2021

The Federal Trade Commission warns that unemployment fraud puts workers at additional risk of identity theft crimes including tax fraud. Officials say workers scammed by cybercriminals do not have to pay unemployment taxes, but they must report the crime to the state labor department. Watch Closely for Signs of Fraud.

Claim 75

Claim Theft Cyber Crime 75

Scott Insurance

NOVEMBER 9, 2021

One of these unseen costs that is significantly impacting the successful operation of affordable housing organizations is insurance. This recently published paper provides insights and analysis surrounding the use of crime scores by insurance companies in predictive modeling and how this practice has led to premium increases and/or significant (..)

Crime 52

Crime Insurance Insurer Insured 52

LexisNexis

SEPTEMBER 3, 2024

Department of Justice (DOJ) announced that whistleblowers would be able to visit a DOJ web page to report information about certain types of corporate crime and, if appropriate, receive a portion of any criminal proceeds forfeited. In a recent development in whistleblower report handling, the U.S.

Crime 40

Crime Policy 40

LexisNexis

AUGUST 21, 2024

a)(5), finding that it conflicts with INA’s provisions in section 212(a)(2)(A)(i) governing inadmissibility based on conviction or admission of certain crimes, which do not include an exception or waiver to that inadmissibility for applicants who receive a pardon. …

Crime 40

Crime 40

Risk Management Monitor

JANUARY 5, 2022

Several studies have shown that around 50% of fraudsters are motivated by either monetary reward or benefits gained by committing a crime. They might be looking for personal gain, or trying to get away from someone else, or simply seeking revenge on a competitor.

Crime 97

Crime Financial Loss Risk 97

Risk Management Monitor

JANUARY 27, 2022

However, the algorithms that support them and govern many users’ online activities could end up being something akin to the “pre-cogs” from Minority Report that predict future crimes because the algorithms are collecting so much personal information.

Risk 75

Risk Crime Cyber Theft 75

ProWriters

OCTOBER 2, 2024

Let’s break down the steps involved in a data breach forensic investigation and see how the experts pull back the curtain on cyber crime. But what does this process actually involve? The First Signs: Detecting a Data Breach The first step in any data breach forensic investigation starts with detection.

Cyber 52

Cyber Financial Loss Crime Damage 52

TGS

OCTOBER 3, 2024

Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. Coastal homes in Florida, for example, face higher premiums due to the increased risk of hurricanes, flooding, and wind damage. It makes sense, right?

Premium 52

Premium Deductible Out-Of-Pocket Insurance 52

Cover4LetProperty

OCTOBER 1, 2024

Properties in areas with higher crime rates or those prone to flooding may have higher premiums. The cost of landlord insurance varies depending on several factors, including the value of your property, its location, and the level of cover you choose.

Insurance 53

Insurance Insurer Insured Injury 53

Bankers Insurance

JULY 8, 2024

These policies can also cover areas such as foreign business auto rental, foreign commercial general liability, foreign voluntary workers’ compensation, foreign travel accident/sickness, marine ocean cargo, foreign commercial crime and political risk. Additionally, the U.S.

Workers Compensation 52

Workers Compensation Insurance Insurer Insured 52

ProWriters

JULY 25, 2024

Analysts project cyber crime to cost the U.S. According to chief information security officers (CISOs), in 2023, three out of four U.S. companies faced the risk of a significant cyber attack. more than $452 billion in 2024, potentially reaching $1.8 trillion by 2028. For most companies, a cyber breach isn’t a question of if but when.

Protection 52

Protection Cyber Damage Broker 52

ProWriters

MAY 28, 2024

Some specific cyber crime threats Rasiul has seen contractors contend with include: Funds Transfer Fraud Threat actors hack contractors’ systems to obtain authentic usernames, passwords, or other banking information, which they then use to transfer funds out of their targets’ accounts into their own.

Cyber 52

Cyber Business Interruption Insurance Insurer 52

ProWriters

FEBRUARY 12, 2024

Help Your Clients Respond to and Reduce Their Risk of HIPAA Breaches Knowing how to respond to healthcare data breaches is crucial, especially breaches occurring due to cyber crime. Threat actors relentlessly try to gain access to PHI because it is so lucrative on the illegal market.

Cyber 52

Cyber Liability Insurance Liability Protection 52

LexisNexis

SEPTEMBER 23, 2024

making decisions in hazardous, high-risk, or regulated environments such as employee hiring, crime detection and prevention, criminal sentencing, and creditworthiness) and whether the existing representations and warranties (or those discussed in this article) adequately address them or whether new provisions are required.

License 52

License Risk Liability Crime 52