In response to escalating climate change and storm threats, Florida introduces new bills to expand its mitigation program, offering grants for home elevation and floodproofing.
  January 8   Insurance Journal Catastrophe Legislation & Regulation Property Risk Management Florida

Despite acknowledging the importance of life insurance, Gen Z and Millennials are underinsured compared to other age groups, with misconceptions about cost being a key barrier.
  January 8   Live Insurance News Education & Training Insurance Industry Life & Health Technology

OpenAI and Microsoft are sued for allegedly using copyrighted nonfiction works to train AI models, including the ChatGPT chatbot, sparking a debate on AI training practices.
  January 8   Insurance Journal Insurance Industry Litigation Technology New York

California State Farm policyholders face a significant premium increase, with high-risk areas expecting even larger hikes, following regulatory approval of a 20% rate adjustment.
  January 8   Insurance Business America Insurance Industry Legislation & Regulation Property Risk Management California

A surprising trend emerges with January experiencing a 25% increase in retail sector workers’ compensation claims, surpassing the holiday months, according to AmTrust’s 2023 Retail Risk Report.
  January 8   CLM Insurance Industry Risk Management Workers' Compensation

An in-depth look at how digital bartering, blockchain technology, and regenerative finance are reshaping global trade in the face of geopolitical and economic challenges.
  January 8   International Insurance Society Insurance Industry Legislation & Regulation Risk Management Technology

OpenAI is actively negotiating with multiple publishers for content licensing, balancing AI model training needs with legal complexities.
  January 5   Insurance Journal Insurance Industry Legislation & Regulation Risk Management Technology

Florissant, Missouri, agrees to a $2.9 million settlement for a lawsuit alleging constitutional rights violations through excessive fines and jailings for minor violations.
  January 5   Insurance Journal Legislation & Regulation Liability Litigation Risk Management

The American Property Casualty Insurance Association outlines nine key areas for 2024, including legal system reforms and catastrophe insurance challenges, aiming to enhance the property-casualty sector.
  January 5   Insurance Business Catastrophe Insurance Industry Legislation & Regulation Risk Management

In a pivotal ruling, a Florida appeals court overturns a dismissal, allowing a bad-faith lawsuit against First Protective Insurance over delayed sinkhole damage payments.
  January 5   Insurance Journal Legislation & Regulation Litigation Property Risk Management Florida

U.S. labor agency claims SpaceX unlawfully fired eight employees for voicing concerns about CEO Elon Musk, sparking a legal battle over workers’ rights.
  January 5   Carrier Management Insurance Industry Legislation & Regulation Liability Risk Management

The 2024 Noto Peninsula Earthquake in Japan caused significant insured losses, with residential properties, especially older structures, bearing the brunt of the damage.
  January 5   Reinsurance News Catastrophe Marine Property Risk Management

Severe December weather, including a nor’easter and California flooding, potentially costs millions in economic and insured losses.
  January 5   CLM Catastrophe Property Risk Management California Florida Maine New Jersey North Carolina

Gabriela Inamagua, alongside her father and his former girlfriend, faces prison for a multi-million dollar fraud scheme involving shell companies and insurance deception.
  January 4   Claims Journal Fraud Insurance Industry Legislation & Regulation Workers' Compensation Florida

Industry leaders at Crawford & Company share their insights on the evolving landscape of insurance in 2024, emphasizing technology, climate change, workforce dynamics, and fraud.
  January 4   CLM Catastrophe Fraud Technology

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