El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners
Exploring the impact of El Nino’s intense rainfall on septic systems and the importance of regular maintenance and insurance understanding.
December 20, 2023
Catastrophe
Education & Training
Property
Risk Management
Hawaii
Oregon
State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges
State Farm’s homeowners loss ratio hits a 20-year high, driven by severe weather events, prompting significant rate hikes and premium growth.
December 20, 2023
Catastrophe
Property
Risk Management
Underwriting
Insurance Industry at a Crossroads with Technology Transformation and Customer Focus
Examining the pitfalls of past insurance transformations and the urgent need for a customer-focused, technologically adept future in the industry.
December 20, 2023
Insurance Industry
Risk Management
Technology
Underwriting
Navigating New Risks: Adapting Mental Health Care in the Post-Pandemic Era
Exploring the increased liability risks in mental health care post-pandemic and strategies for practitioners to mitigate these challenges.
December 20, 2023
Education & Training
Liability
Life & Health
Technology
Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports
Prestige Underwriting’s report, in collaboration with Aon’s Finaccord, forecasts significant growth in the non-standard insurance market by 2030, driven by unique property types and evolving motor vehicle trends.
December 19, 2023
Auto
Insurance Industry
Property
Risk Management
Tesla’s Recall Underscores the Growing Importance of Specialty Insurance in Auto Industry
Tesla’s recent recall of over two million vehicles due to Autopilot issues highlights the vital role of specialty insurance in addressing the risks of advanced automotive technologies.
December 19, 2023
2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins
In 2023, hurricanes Lee, Jova, and Otis set records for rapid intensification, reflecting an active global tropical season with significant impacts on insurance and risk management.
December 19, 2023
Catastrophe
Insurance Industry
Property
Risk Management
New Jersey Man Pleads Guilty in Massive No-Fault Auto Insurance Fraud Scheme
Bradley Pierre’s guilty plea unveils a decade-long, $60-$70 million no-fault auto insurance fraud, involving medical clinics, bribes, and tax evasion in New York and New Jersey.
December 19, 2023
Auto
Fraud
Legislation & Regulation
Litigation
New Jersey
New York
Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future
Exploring Lemonade’s insurtech strategies and State Farm’s smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023
Education & Training
Insurance Industry
Property
Technology
Activision Blizzard Settles for $54 Million in Landmark Discrimination Case
Activision Blizzard’s $54 million settlement with California’s civil rights agency marks a significant step in addressing workplace discrimination claims against the video game giant.
December 18, 2023
Legislation & Regulation
Liability
Litigation
Technology
California
Cyber Insurance Market to Witness Major Shift as Reinsurers Embrace Cyber Capacity in 2024
The upcoming shift in the reinsurance industry towards cyber insurance in 2024 is driven by its rapid growth and the increasing need for robust cyber risk strategies.
December 18, 2023
Risk Management
Technology
Hurricane Idalia Shifts Insurance Dynamics in the Southeast US
Hurricane Idalia’s devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023
Catastrophe
Property
Risk Management
Technology
Florida
Georgia
North Carolina
South Carolina
Tech Innovations Reshape Workers’ Compensation Claims Processing
Technology is revolutionizing workers’ compensation claims, with tools that streamline processing, identify trends, and improve outcomes.
December 18, 2023
Risk Management
Technology
Workers' Compensation
Nevada
New Studies Highlight Hurricane Impact on Renters: Rising Rents, Evictions, and Housing Crisis
Recent research reveals the severe consequences of hurricanes on renters along the East and Gulf coasts, including increased rents, eviction risks, and the deepening affordable housing crisis.
December 15, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Kentucky Residents File Lawsuit Against CSX Over Thanksgiving Train Derailment and Chemical Spill
A class action lawsuit targets CSX for alleged negligence in a train derailment that caused a hazardous sulfur spill in eastern Kentucky, raising health and environmental concerns.
December 15, 2023
Catastrophe
Legislation & Regulation
Liability
Property
Kentucky
