
California Needs to Make Changes to Address Its Climate Risk Crisis
California’s insurance challenges have roots going back decades. Yet they’ve come to the fore in the past five years, during which the five largest wildfires in the state’s history have occurred, according to Cal Fire.
August 7, 2023
Legislation & Regulation
Property
California

Best US Insurance Companies to Work For
The 2023 IBA Top Insurance Employers are celebrated for their commitment to their employees across a range of factors, including benefits, compensation, culture, employee development and commitment to diversity and inclusion.
August 7, 2023
Insurance Industry

Record Glacial Flooding Hits Juneau, Alaska
Unprecedented glacial flooding over the weekend swept away two homes and severely damaged others in Alaska’s capital city, officials said Sunday. No injuries have been reported, but floodwaters took part of a third home and caused ‘significant undermining’ damage to a condominium building, said Juneau Deputy City Manager Robert Barr.
August 7, 2023
Property
Alaska

Enjoy the Ride, But Be Aware of Motorcycle Theft
As anticipation builds for The Sturgis Motorcycle Rally, an annual gathering of motorcycle enthusiasts, riders are being urged to exercise heightened caution before hitting the roads.
August 4, 2023
Auto

Former NBA Player Sentenced to 10 Years for Health Care Fraud Scheme
Terrence Williams, a former member of the Sacramento Kings, has been handed a 10-year prison sentence by a federal judge in Manhattan for orchestrating an elaborate plot to embezzle over $5 million from the NBA’s health care program.
August 4, 2023
Fraud
Life & Health
New York

Distracted Driver? Blame the Weather
Generally speaking, drivers face many risks of becoming distracted while on the road. So, ignoring or removing those distractions, where possible, is the best way to stay safe.
August 4, 2023
Auto

Kia, Hyundai Recall Almost 92K Cars Due to Fire Risk
Hyundai and Kia are recalling nearly 92,000 cars in the U.S. over concerns that the electronic controller in the oil pumps can overheat and cause fires. Both automakers have asked owners to park their vehicles outside and "away from structures" until repairs can be made.
August 4, 2023
Auto
Subrogation

Follow the Funding
Within the legal community, third party litigation funding (TPLF) is either lauded for its potential to expand access to justice, or decried for how it has further inundated society with lawsuits. Most, though, agree that TPLF has had a seismic impact on the litigation landscape.
August 3, 2023
Litigation

Climbing the Career Ladder
As a professional in the insurance industry, you are no stranger to the competitive nature of the business. Whether you are looking to climb the ladder within your current organization or explore new opportunities, the road to success can be challenging.
August 3, 2023
Insurance Industry

California’s Changing Coastline and the Role of Climate Change
Waves are getting bigger and surf at least 13 feet (about 4 meters) tall is becoming more common off California’s coast as the planet warms, according to innovative new research that tracked the increasing height from historical data gathered over the past 90 years.
August 3, 2023
Property
California

Family of Child Hit, Killed by Stolen Kia To Sue Automaker
The family of a 4-year-old who police say was killed in a hit-skip by a driver in a stolen Kia earlier this month on the West Side intends to hold the maker of Kias legally accountable, their attorney said.
August 3, 2023
Liability
Litigation
Ohio

Cyber Threat Landscape: Insights from 23.5 Billion Attacks
Technology is accelerating faster than it ever has before, giving IT and security teams more tools to fend off cybersecurity attacks from an increasingly diverse slate of bad actors, according to Comcast Business.
August 3, 2023
Fraud
Technology

How to Tackle Litigation Costs
There are many ways to quantify the impact of attorney involvement and social inflation (of which attorneys are a significant cause) on insurance carriers. One of the most striking examples is featured in a report by Jim Lynch and Dave Moore of the Casualty Actuarial Society, Social Inflation and Loss Development.
August 2, 2023
Auto
Litigation
Workers' Compensation

Why Every Company Should Have a Parametric Policy
According to the World Bank, the earthquake that shook Turkey back in February caused direct physical damage worth $34 billion. The Turkish Enterprise and Business Confederation, however, estimates the quake’s total economic impact will reach roughly $84.1 billion, including loss of productivity and national income.
August 2, 2023
Catastrophe
Property

$11.75M Settlement in Elementary School Special Needs Abuse Cases
The special needs classroom abuse civil cases at Holz Elementary have settled for a record amount, making it the largest settlement against a public school board in West Virginia history.
August 2, 2023
Liability
Litigation
West Virginia



