Construction Industry Faces Rising Insurance Risks Amid Data Center Boom and Labor Shortages

Global demand for data centers is driving construction growth, but rising costs, labor shortages, and climate risks are reshaping insurance pricing and underwriting strategies.
March 24 Catastrophe Property Risk Management Technology California

Root Insurance Pays $975K to Settle Data Breach That Exposed Driver’s License Info of Thousands in New York

New York AG Letitia James secured $975,000 from Root Insurance after a website vulnerability allowed hackers to steal over 44,000 New Yorkers’ driver’s license numbers.
March 24 Auto Litigation Risk Management Technology New York Ohio

Kentucky Grants Temporary Registration for Unlicensed Adjusters After Severe Storms

Following tornadoes and severe storms on March 15, Kentucky is allowing unlicensed emergency adjusters to temporarily register and operate in three affected counties.
March 20 Catastrophe Insurance Industry Legislation & Regulation Property Kentucky

New York Attorney General Sues National General and Allstate Over Data Breaches

New York Attorney General Letitia James has filed a lawsuit against National General and its parent company, Allstate, alleging failures in protecting consumer data, leading to two cyberattacks that exposed thousands of driver’s license numbers.
March 11 Insurance Industry Legislation & Regulation Litigation Technology New York

Safelite Reaches $31 Million Settlement in Insurance Fraud Lawsuit

Safelite and a former employee reached a $31 million settlement in lawsuits alleging the company engaged in fraudulent billing practices for auto glass repairs and cleaning services.
March 11 Fraud Insurance Industry Legislation & Regulation Litigation California Illinois

Tornado Strikes Florida TV Station During Live Broadcast

A tornado touched down near Orlando, Florida, striking a TV station during a live weather broadcast. Meteorologist Brooks Garner stayed on air as the storm passed over the studio.
March 11 Catastrophe Insurance Industry Property Risk Management Florida

Dash Cam Captures Wild Hummer H2 Insurance Scam Attempt

A motorist in Denver narrowly avoided a suspicious insurance fraud attempt when a reckless Hummer H2 driver suddenly braked and reversed toward their vehicle. Thanks to a dash cam, the incident was recorded, showing what appears to be either an attempted scam or extreme road rage.
March 7 Auto Fraud Litigation Risk Management Colorado

Maryland Wildfires Decline in 2024, Falling Below Recent Averages

Maryland saw 165 wildfires in 2024, burning 953.4 acres. Arson was the leading cause, while the Eastern region had the most fires and acres burned. Learn more about key trends.
March 7 Catastrophe Legislation & Regulation Property Risk Management Maryland

Landlord Found Guilty of Murder After Tenants Die in Fire at Illegal Rental

A Washington, D.C. landlord was convicted of second-degree murder after two tenants died in a fire due to severe safety code violations, including blocked exits and missing smoke alarms.
March 7 Legislation & Regulation Liability Litigation Risk Management District Of Columbia

Key Barriers to Closing the Insurance Protection Gap Identified in Industry Poll

A recent poll highlights the biggest obstacles to addressing the global insurance protection gap, with conflicting priorities, data gaps, and regulatory issues emerging as major challenges.
March 7 Catastrophe Insurance Industry Legislation & Regulation Risk Management California

AI Enhances Storm Risk Assessment for More Accurate Insurance Pricing

Traditional models for assessing severe convective storm risk rely on broad proxies like ZIP codes and roof age. AI-driven property-specific models offer insurers a more precise approach.
March 7 Insurance Industry Property Risk Management Technology

Insurers Pay Nearly $7 Billion for Los Angeles County Wildfire Claims

Over 33,000 insurance claims have been filed following the Los Angeles County wildfires, with insurers paying $6.9 billion to date. California’s insurance commissioner has issued orders to expedite claim payments and prevent policy cancellations.
March 7 Catastrophe Legislation & Regulation Property Risk Management California

Lloyd’s Warns of Extreme Space Weather Risks With $2.4 Trillion Economic Impact Projection

A new Lloyd’s systemic risk scenario reveals that a hypothetical extreme solar storm could result in a global economic loss of $2.4 trillion over five years.
March 5 Insurance Industry Property Risk Management Technology

Organized Train Heists Targeting Nike Sneakers in California and Arizona Continue

Thieves have stolen nearly $2 million worth of Nike sneakers from BNSF trains in California and Arizona in a series of well-coordinated heists since last March. Despite multiple arrests, including a suspected ringleader, the thefts persist.
March 5 Fraud Litigation Property Risk Management Arizona California

Texas Beekeepers Face Unprecedented Losses as Bee Populations Plummet

Texas beekeepers have lost nearly two-thirds of their honey bee colonies, threatening pollination services and increasing produce costs. Experts cite multiple factors but lack a clear cause.
March 5 Insurance Industry Legislation & Regulation Property Risk Management Texas

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