Cedar Point Settles Age Discrimination Case, Agrees to $50,000 Payment and Policy Changes
Cedar Point to pay $50,000 and revise employee housing policy after being found guilty of discriminating against workers over 40, following an EEOC lawsuit.
March 21, 2024
Insurance Industry
Legislation & Regulation
Litigation
Ohio
Nebraska Sheriff Accepts Plea Deal in Insurance Fraud Case
A sheriff in Nebraska pleads no contest to felony charge in insurance fraud case, agrees to surrender law enforcement license without facing jail time.
March 21, 2024
Fraud
Insurance Industry
Legislation & Regulation
Nebraska
Texas Contractor Faces Steep OSHA Fines After Fatal Trench Collapse
An 18-year-old worker’s death in a trench collapse leads to over $250,000 in fines for Hurtado Construction, as OSHA cites multiple safety violations.
March 21, 2024
Legislation & Regulation
Risk Management
AI Enhancements Streamline Workers’ Compensation Claims Process for Adjusters
AI assistants are revolutionizing the workload for workers’ compensation claims adjusters by providing online claims access and reducing phone and email inquiries.
March 21, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
State Farm to Non-Renew Thousands of Property Policies in California Amid Market Challenges
State Farm General Insurance announces significant policy non-renewals in California, citing financial stability and market conditions.
March 21, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
California
Gen Z Faces Unprecedented Retirement Planning Challenges
Gen Z’s path to retirement is fraught with gig economy instability and the pressures of social media, demanding innovative financial strategies.
March 21, 2024
Education & Training
Life & Health
Risk Management
Technology
Ferrari Faces Legal Challenge Over Alleged Brake Defects in Sports Cars
A lawsuit filed in US District Court claims Ferrari failed to adequately fix a potentially dangerous brake defect in several models, including the 458 Italia.
March 20, 2024
Auto
Liability
Litigation
Technology
California
Record-Breaking Hail Events Mark the Start of 2024’s Severe Storm Season
Over 660,000 properties were hit by significant hail during early March, surpassing 2023 records and signaling a potentially challenging year for insurers.
March 20, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
Illinois
Kansas
Missouri
Oklahoma
Court Allows Stalking Claims Against Apple AirTag to Proceed
A San Francisco judge has ruled that a lawsuit accusing Apple of not doing enough to prevent AirTags from being used for stalking can move forward.
March 20, 2024
Insurance Industry
Liability
Litigation
Technology
California
The Impact of Mass Tort Advertising on the Insurance Industry
With $1.2 billion spent on mass tort TV ads in a single year, experts warn the insurance industry to heed the potential litigation risks these ads represent.
March 20, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
Florida
Spire Global and NVIDIA Join Forces to Revolutionize AI-Driven Weather Forecasting
Spire Global teams up with NVIDIA, aiming to improve forecast accuracy and tackle the challenge of extreme weather events through AI-driven weather prediction.
March 20, 2024
Catastrophe
Marine
Risk Management
Technology
Judge Rules Against Dismissing Lawsuit Linking Social Media Algorithms to Buffalo Shooting
A New York judge’s decision to not dismiss a lawsuit against Reddit and YouTube questions the extent of their liability in a racially motivated attack in Buffalo.
March 20, 2024
Catastrophe
Legislation & Regulation
Liability
Technology
New York
New Jersey Implements Flood Risk Disclosure Law for Real Estate Transactions
Starting March 20, New Jersey’s new law mandates flood history and risk disclosures for all real estate transactions, enhancing transparency and preparedness.
March 20, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
New Jersey
How Property and Casualty Insurers Can Boost Profits with AI in 2024
As P&C insurers navigate inflation and climate challenges, strategic AI adoption, including computer vision and LLMs, offers a path to enhanced profitability.
March 19, 2024
Property
Risk Management
Technology
Underwriting
IIHS Introduces New Ratings for Partial Driving Automation: Majority Fail to Make the Grade
A new safety evaluation by IIHS reveals only one out of 14 partial driving automation systems meets "acceptable" standards, prompting calls for improvement.
March 19, 2024
Auto
Insurance Industry
Technology
