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Rising Atlantic Ocean Temperatures May Boost Hurricane Activity in 2024

Rising Atlantic Ocean Temperatures May Boost Hurricane Activity in 2024

With Atlantic Ocean temperatures nearing critical thresholds, the 2024 hurricane season could see increased cyclone strength and frequency.
May 15, 2024 Catastrophe Marine Risk Management Technology

Judge Judy Files Defamation Lawsuit Against National Enquirer for False Claims

Judge Judy Files Defamation Lawsuit Against National Enquirer for False Claims

Judge Judy takes legal action against the National Enquirer for falsely linking her to the Menendez brothers’ retrial efforts, seeking damages for reputational harm.
May 15, 2024 Litigation Weird Florida

Continued Underwriting Losses in Personal Lines Impact P&C Insurance Profitability

Continued Underwriting Losses in Personal Lines Impact P&C Insurance Profitability

The property and casualty sector faces ongoing underwriting losses, with personal lines being a significant contributor, despite improving trends.
May 15, 2024 Auto Insurance Industry Underwriting Workers' Compensation

Effective Collaboration and Expert Management Drive Captive Insurance Success in Vermont

Effective Collaboration and Expert Management Drive Captive Insurance Success in Vermont

Vermont exemplifies the importance of teamwork and expert management in driving the success of captive insurance companies.
May 15, 2024 Insurance Industry Legislation & Regulation Risk Management Technology Vermont

Survey Reveals Startling Trends in Insurance Application Dishonesty Among Americans

Survey Reveals Startling Trends in Insurance Application Dishonesty Among Americans

A recent NerdWallet survey exposes a significant portion of Americans admitting to falsifying information on insurance applications, with younger adults leading the trend.
May 14, 2024 Auto Fraud Insurance Industry Life & Health

Court Allows Employee Shot by Co-worker to Sue Employer Despite Workers’ Compensation Denial

Court Allows Employee Shot by Co-worker to Sue Employer Despite Workers’ Compensation Denial

A Florida court has ruled that an employee shot by a co-worker can sue his employer after being denied workers’ compensation benefits.
May 14, 2024 Insurance Industry Liability Litigation Workers' Compensation Florida

Iowa Supreme Court Revises Interpretation of Vascular Injury Compensation

Iowa Supreme Court Revises Interpretation of Vascular Injury Compensation

The Iowa Supreme Court clarifies a longstanding misinterpretation in workers’ compensation law regarding vascular injuries.
May 14, 2024 Insurance Industry Legislation & Regulation Risk Management Workers' Compensation Iowa

Springdale Business Sued Over Alleged Insurance Fraud Involving Arson

Springdale Business Sued Over Alleged Insurance Fraud Involving Arson

A Springdale company faces a lawsuit for allegedly setting their own building on fire to claim $700,000 in insurance money.
May 14, 2024 Fraud Insurance Industry Litigation Property Arkansas

Widespread Auto Insurance Fraud Uncovered by Southern California Task Force

Widespread Auto Insurance Fraud Uncovered by Southern California Task Force

A task force in Southern California has charged multiple individuals for their involvement in a complex auto insurance fraud scheme.
May 14, 2024 Auto Fraud Insurance Industry Litigation California

Adapting Claims Adjusting to the Modern Era of Technology and Data

Adapting Claims Adjusting to the Modern Era of Technology and Data

Claims adjusters face new challenges with AI and data integration, requiring continuous adaptation and skill enhancement.
May 14, 2024 Education & Training Insurance Industry Technology Workers' Compensation

The Institutes Knowledge Group Releases 2024 Skills Report Highlighting Key Trends in Risk Management and Insurance

The Institutes Knowledge Group Releases 2024 Skills Report Highlighting Key Trends in Risk Management and Insurance

The Institutes Knowledge Group’s 2024 Skills Report offers insights into the most in-demand skills and educational trends within the risk management and insurance sectors.
May 13, 2024 Education & Training Insurance Industry Risk Management Technology

North American Pet Health Insurance Market Sees Robust Growth, According to NAPHIA 2024 Report

North American Pet Health Insurance Market Sees Robust Growth, According to NAPHIA 2024 Report

The North American Pet Health Insurance Association’s 2024 report reveals significant increases in gross written premiums and insured pets, underscoring strong industry expansion.
May 13, 2024 California Florida Illinois Massachusetts New Jersey

Shifting Dynamics: Embracing Horizontal Relationships in Workers’ Compensation Claims Handling

Shifting Dynamics: Embracing Horizontal Relationships in Workers’ Compensation Claims Handling

Transforming the relationship between claims adjusters and injured workers into a collaborative partnership can enhance fairness and efficiency in workers’ compensation claims.
May 13, 2024 Education & Training Insurance Industry Risk Management Workers' Compensation

Allstate’s Drivewise App Linked to Safer Driving and Fewer Severe Collisions

Allstate’s Drivewise App Linked to Safer Driving and Fewer Severe Collisions

Allstate reports that users of its Drivewise app are 25% less likely to experience severe collisions, promoting safer driving behaviors.
May 13, 2024 Auto Insurance Industry Risk Management Technology

Traffic Signals Evolve: Driverless Cars May Bring White Light Addition to Century-Old System

Traffic Signals Evolve: Driverless Cars May Bring White Light Addition to Century-Old System

As autonomous vehicles become more prevalent, researchers are exploring major changes to the traditional traffic signal system, including the potential addition of a white light.
May 13, 2024 Auto Insurance Industry Legislation & Regulation Technology Michigan North Carolina
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