
Overcoming the Cost Barrier: Tackling High Insurance Premiums for Electric Vehicles
With insurance costs for electric vehicles approximately 20% higher than for traditional cars, addressing these premiums is crucial for broader EV adoption.
May 9, 2024
Auto
Insurance Industry
Risk Management
Technology

NYC Sees Improved Construction Safety but Faces Challenges with Rising Injuries
The latest NYC Construction Safety Report reveals a significant reduction in fatalities but an uptick in worker injuries, highlighting both progress and ongoing safety challenges in the construction sector.
May 8, 2024
Insurance Industry
Property
Workers' Compensation
New York

Florida’s Property/Casualty Insurance Market Shows Signs of Recovery Amid Reforms
Recent legislative reforms and a mild hurricane season have contributed to the recovery of Florida’s property/casualty insurance market, yet challenges remain for premium costs.
May 8, 2024
Catastrophe
Fraud
Legislation & Regulation
Property
Florida

Fannie Mae Clarifies Insurance Guidelines, Shifting Away from Actual Cash Value Coverage
Fannie Mae’s updated guidelines enforce replacement cost coverage, challenging the trend towards actual cash value for homeowners and condo insurance.
May 8, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida
Kentucky

FM Global COO Bret Ahnell Explores Property Insurance Challenges and Opportunities
FM Global’s COO Bret Ahnell speaks with Risk & Insurance and addresses the prolonged hard market, impacts of climate change, and the shift towards renewable energy in property insurance.
May 8, 2024
Insurance Industry
Property
Risk Management

Kentucky Court Rules on Rideshare Driver’s UIM Coverage in Landmark Case
In a significant ruling, the Kentucky Court of Appeals decided a Lyft driver could not collect underinsured motorist benefits from Lyft or her personal auto policy.
May 8, 2024
Auto
Insurance Industry
Litigation
Technology
Kentucky

Wegmans Reduces Litigation and Enhances Worker Recovery with AI-Enhanced Claims Management
At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
May 8, 2024
Insurance Industry
Litigation
Risk Management
Technology
Workers' Compensation
New York

Adjusters Discuss Claim Volume and Workload Challenges
Insurance adjusters express concerns over increasing claim volumes and the impact on work-life balance, highlighting industry challenges.
May 7, 2024
Insurance Industry
Property
Technology
Workers' Compensation
Texas

FAA Investigates Boeing After Inspection Records Were Falsified on 787 Dreamliners
The FAA has launched an investigation into Boeing’s 787 Dreamliner after some employees reportedly skipped critical inspections, falsifying records in the process.
May 7, 2024
Legislation & Regulation
Risk Management
Technology

Swiss Re Advocates for Advanced Data Utilization to Bridge the NatCat Protection Gap
As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
May 7, 2024
Catastrophe
Insurance Industry
Risk Management
Technology

Sentry’s Injured Worker Well-being Report Highlights Crucial Link Between Behavioral Health and Recovery Outcomes
Sentry’s recent report underscores the significant effect of behavioral health on workers’ compensation claims, urging early intervention.
May 7, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
Wisconsin
NHTSA Opens Investigation Into Tesla’s Recall Effectiveness and Requests Detailed Information
The National Highway Traffic Safety Administration has initiated an investigation to assess the effectiveness of Tesla’s recall remedies and has requested detailed information from the automaker.
May 7, 2024
Auto
Risk Management
Technology
California
District Of Columbia

Mastering Risk Management for Mega Construction Projects with NFP’s Innovative Strategies
Adrian Pellen of NFP discusses leveraging technology and data to optimize insurance strategies in the construction sector at the 2024 RISKWORLD conference in San Diego.
May 7, 2024
Insurance Industry
Property
Technology
Arizona
California
New York

Healthcare Sector Hit Hardest by Global Ransomware Attacks in Q1 2024
The first quarter of 2024 sees a significant uptick in ransomware attacks, especially on healthcare providers, amidst ongoing cybercriminal activities.
May 6, 2024
Fraud
Life & Health
Risk Management
Technology

Climate Change Boosts Extreme Weather, Increasing U.S. Flood Risks
Climate change intensifies extreme precipitation, escalating flood risks across the U.S. with significant increases in the Northeast and Midwest.
May 6, 2024
Catastrophe
Property
Risk Management
Alabama
Alaska
Georgia
Hawaii
Kentucky



