Missing Bolts Discovered in Boeing 737 Incident Investigation

An NTSB investigation into a Boeing 737 rapid decompression incident reveals missing bolts in the mid exit door plug, prompting further examination.
February 7, 2024 Catastrophe Risk Management Technology Oregon

San Diego County on Alert for Flood Insurance Scams Amid Cleanup Efforts

California’s Insurance Commissioner alerts San Diego residents to be vigilant of fraudsters following devastating floods, emphasizing the importance of cautious engagement with public adjusters and contractors.
February 7, 2024 Catastrophe Fraud Property California

Scientists Propose Category 6 for Extreme Hurricanes as Climate Change Intensifies Storms

As climate change fuels more intense tropical storms, experts suggest adding Category 6 to the Saffir-Simpson scale to better represent the power of future hurricanes.
February 7, 2024 Catastrophe Legislation & Regulation Risk Management

AI to Revolutionize Insurance Industry with Enhanced Claims and Underwriting Processes

The 2024 insurance landscape is set for a transformation, with AI integration promising improved claims handling and underwriting accuracy, as outlined in a recent Xceedance report.
February 7, 2024 Insurance Industry Technology Underwriting

California Court Rules Against Customer for Libelous Online Posts About Contractor

In a notable decision, a California court ruled that online disparagements made by a customer against her contractor were libelous, setting a precedent for business protection against false online accusations.
February 7, 2024 Legislation & Regulation Litigation Property Technology California

Rethinking Risk Management: Focus on Friction, Not Just Fuel

Exploring how removing friction points rather than just adding protocols can significantly improve compliance and safety outcomes.
February 6, 2024 Education & Training Risk Management Workers' Compensation

Jacksonville Jaguars Seek Reimbursement from FanDuel for Stolen Funds

The Jacksonville Jaguars are in talks with FanDuel for the recovery of $20 million, misappropriated by a former employee for online betting.
February 6, 2024 Fraud Legislation & Regulation Florida

Honda Announces Major Recall Over Air Bag Sensor Defect

Honda is recalling numerous models due to a front passenger seat sensor defect that could lead to unintended air bag deployment during crashes.
February 6, 2024 Auto Technology

Florida Senate Moves to Allow Surplus Lines Insurers to Cover Second Homes

A key Florida Senate bill aims to shift secondary home insurance from Citizens to surplus lines carriers, stirring mixed reactions among industry professionals.
February 6, 2024 Excess & Surplus Lines Legislation & Regulation Property Florida

Navigating the Intersection of AI and the Heavy Trucking Industry

As AI integrates with heavy trucking, navigating legal claims and safety standards becomes complex, requiring industry-wide collaboration and regulatory insight.
February 6, 2024 Legislation & Regulation Liability Technology

U.S. Farm Bureaus See 13% Premium Growth Amidst Underwriting Challenges

Over the last two years, U.S. farm bureaus in the property/casualty sector have enjoyed a 13% increase in premiums, driven by key lines of business despite facing underwriting and market share challenges.
February 5, 2024 Auto Property Underwriting

Atmospheric River Triggers Severe Floods and Landslides in Southern California

Southern California is under threat from life-threatening landslides and flash floods as an intense atmospheric river event hits the region, with significant rainfall expected.
February 5, 2024 Catastrophe Property Risk Management California

J&M Industries Settles Age Discrimination Case for $105,000 Following EEOC Lawsuit

J&M Industries, Inc., resolves an EEOC lawsuit for $105,000 after allegedly firing an employee due to age discrimination, violating federal law.
February 5, 2024 Legislation & Regulation Litigation Louisiana

Insurtech Funding Falls to Four-Year Low in 2023, Reveals Gallagher Re Report

Insurtech funding declined to $4.5 billion in 2023, marking the lowest investment level since 2018 amidst a challenging economic climate.
February 5, 2024 Life & Health Property Technology

Cloudflare Counters State-Backed Cyber Intrusion with Comprehensive Security Measures

Cloudflare’s swift and effective response halts a nation-state cyber attack, aiming for widespread access to its network, without compromising customer data.
February 2, 2024 Risk Management Technology
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