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TDI Investigations Result in $50M for Fraud Victims

1 day 9 hours ago
The Texas Department of Insurance (TDI) Fraud Unit this week announced that it contributed to insurance fraud investigations landing $50.9 million in court-ordered restitution in fiscal year 2025. More than 20 TDI investigators working across the state looked into 314 …

Texas Data Centers, Crypto Miners Reduced Power During Storm

1 day 9 hours ago
Electric Reliability Council of Texas Chairman Bill Flores said Thursday that some data centers and cryptocurrency miners voluntarily curtailed power use during the recent winter storm that strained the state’s grid and others across the country. Data centers supporting artificial …
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Crypto Money-Laundering Hit $82 Billion in 2025, Researchers Say

1 day 18 hours ago
Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category has been Chinese-language money-laundering networks, …
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Flood Risk Misconceptions Drive Underinsurance: Chubb

1 day 20 hours ago
A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action, and coverage misconceptions, according to Chubb’s Flood Risk and Resilience report. The survey of more than 1,500 high-net-worth homeowners, commercial businesses, agents, …
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