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Attacking the Risk Crisis: Roadmap to Investment in Flood Resilience

Attacking the Risk Crisis: Roadmap to Investment in Flood Resilience

As part of its attack on the risk crisis, Triple-I recently participated in a project led by the National Institute of Building Sciences (NIBS) to develop a roadmap for mitigation investment incentives.
October 2, 2023 Catastrophe Liability Risk Management

Disney ride caused serious ’gynecologic injuries’ for woman after waterslide ’wedgie’ during 30th birthday celebration

Disney ride caused serious ’gynecologic injuries’ for woman after waterslide ’wedgie’ during 30th birthday celebration

A woman says that a trip down a waterslide at a Disney World theme park ended in injuries serious enough to require surgery.
October 2, 2023 Liability Litigation Weird Florida

Safety Lesson: Cigarette Sparks Car and Home Fire

Safety Lesson: Cigarette Sparks Car and Home Fire

A woman hopping inside a Dodge Charger for a cigarette sparked an explosion that destroyed the car, burned down a significant portion of her home and left her with third-degree burns.
September 28, 2023 Auto Property Weird North Carolina

Cost of a Data Breach 2023: Geographical Breakdowns

Cost of a Data Breach 2023: Geographical Breakdowns

Data breaches can occur anywhere in the world, but they are historically more common in specific countries. Typically, countries with high internet usage and digital services are more prone to data breaches.
September 28, 2023 Excess & Surplus Lines

Owners Advised to Park Outside in 3.3M Hyundai and Kia Recall

Owners Advised to Park Outside in 3.3M Hyundai and Kia Recall

Hyundai and Kia are initiating a recall of more than 3.3 million vehicles due to a potential fire hazard in the engine compartments. Owners are advised to park their vehicles away from structures until they can have them repaired at a dealership for free.
September 28, 2023 Auto Subrogation

Hawaiian Electric’s Neglected Right-of-Way Possibly a Key Factor in Maui’s Wildfire

Hawaiian Electric’s Neglected Right-of-Way Possibly a Key Factor in Maui’s Wildfire

Melted remains of an old car tire. Heavily burned trees. A charred stump of an abandoned utility pole. Investigators are examining these and other pieces of evidence as they seek to solve the mystery of last month’s deadly Maui wildfire...
September 28, 2023 Liability Hawaii

Insurers’ Flawed Understanding of ROI

Insurers’ Flawed Understanding of ROI

The industry’s traditional assessments of ‘returns’ are not suited to the insurance company of the future.
September 28, 2023 Insurance Industry

California’s New Firefighting Ally is Artificial Intelligence

California’s New Firefighting Ally is Artificial Intelligence

Firefighters want every leg up they can get to knock out a blaze before it becomes an inferno. The California Department of Forestry and Fire Protection says it has a new tool to battle wildfires before they explode -- artificial intelligence.
September 28, 2023 Property Technology California

Berkshire Off Hook in Sexual Assault on School Bus

Berkshire Off Hook in Sexual Assault on School Bus

A federal appeals court has reversed a lower court and held that a Berkshire Hathaway Inc. unit does not have to defend or indemnify the Pittsburgh Public School District or a bus company in a special needs student’s sexual assault aboard a school bus.
September 27, 2023 Liability Litigation Pennsylvania

Dispute Over Cigarette Ends in Anchorage Apartment Fire

Dispute Over Cigarette Ends in Anchorage Apartment Fire

A federal grand jury in Alaska has returned an indictment against 24-year-old Paul Bates of Anchorage, charging him with intentionally starting a fire in an apartment building on October 30, 2022.
September 27, 2023 Property Weird Alaska

Judge’s Verdict: Trump’s Asset Inflation Unlawful

Judge’s Verdict: Trump’s Asset Inflation Unlawful

In a seminal ruling, Judge Arthur Engoron found that former President Donald Trump and his organization misled financial institutions, including insurance companies, by significantly inflating asset values and misrepresenting his net worth in official documents.
September 27, 2023 Fraud New York

The Cannabis Conundrum: How Federal Policy Hampers Workers’ Comp’s Reimbursement for Medical Use

The Cannabis Conundrum: How Federal Policy Hampers Workers’ Comp’s Reimbursement for Medical Use

Ask the regulating bodies of all 50 states and several territories of the United States about medical cannabis and you’re likely to receive as many answers about what should be done.

September 27, 2023 Workers' Compensation

Arch Insurance Seeks Correction in Varsity Brands’ Policy Amid Abuse Litigation

Arch Insurance Seeks Correction in Varsity Brands’ Policy Amid Abuse Litigation

Varsity Brands’ insurance company has asked a federal judge to correct what it says was a ‘mistakenly truncated’ policy that could end up costing it millions in light of the spate of sex-abuse litigation filed against the cheerleading giant.
September 26, 2023 Liability Litigation Tennessee

Lawsuits Invoke ’Inherently Dangerous Activity’ in Maui Wildfire Cases

Lawsuits Invoke ’Inherently Dangerous Activity’ in Maui Wildfire Cases

Hawaii courts soon may have to address a novel legal question related to the Maui wildfires: whether allowing invasive grass to grow unheeded on one’s property is the legal equivalent of keeping radioactive waste, dynamite or a dangerous wild animal.
September 26, 2023 Liability Litigation Hawaii

Florida Insurance Adjusters and Contractor Arrested in $57K Fraud Scheme Targeting Elderly Victim

Florida Insurance Adjusters and Contractor Arrested in $57K Fraud Scheme Targeting Elderly Victim

Four individuals, including two licensed public insurance adjusters, one unlicensed insurance adjuster, and a mold contractor, have been arrested on multiple felony charges for their alleged involvement in a scheme to defraud a 94-year-old woman and Citizens Insurance.
September 26, 2023 Fraud Property Florida
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