California faces insurance hurdles with outdated Proposition 103, hindering actuarially sound underwriting amid escalating natural disasters.
  March 8   Triple-I Blog Catastrophe Legislation & Regulation Property Risk Management California

Connecticut locals sue Kimberly-Clark, alleging the company’s facility contaminated their properties and water with harmful PFAS, impacting health and property values.
  March 7   NBC News Insurance Industry Legislation & Regulation Litigation Connecticut

In a strategic move, the ’Rust’ trial defense calls witnesses to underscore systemic issues and investigative shortcomings, distancing their client from sole responsibility.
  March 7   KOAT Action News Life & Health Litigation Risk Management Weird New Mexico

According to KBW, Property & Casualty insurers express optimism for 2024, driven by rate increases, moderating loss trends, and strong growth in brokerage and specialty lines.
  March 7   Reinsurance News Insurance Industry Property Risk Management Florida

OSHA proposes a $269,662 penalty against WD Flooring for serious safety violations including electrical and fall hazards, lack of hearing protection, and inadequate training on hazardous chemicals.
  March 7   Floor Daily Legislation & Regulation Life & Health Risk Management Workers' Compensation Wisconsin

The conservative Catholic media outlet Church Militant announces closure in April, following a defamation lawsuit settlement involving an apology and a $500,000 payment to a priest.
  March 6   Daily Beast Legislation & Regulation Liability Litigation Risk Management New Hampshire

Cleanup efforts and track repairs have commenced after a Norfolk Southern train derailment in eastern Pennsylvania, with containment measures in place for a diesel fuel spill and no reported injuries or hazardous material concerns.
  March 6   ABC News Catastrophe Pennsylvania

A comprehensive study predicts that sea level rise due to climate change could exacerbate arsenic release into Bangladesh’s well water, heightening public health risks.
  March 6   PLOS ONE Life & Health Risk Management

Toyota is recalling approximately 380,000 Tacoma trucks due to a potential axle shaft separation that could impair vehicle stability and brake performance.
  March 6   Toyota Newsroom Auto Risk Management Technology

Experts identify kinesiophobia, the irrational fear of movement, as a significant obstacle in workers’ compensation cases, stressing the need for a multidisciplinary treatment approach.
  March 6   Risk & Insurance Education & Training Life & Health Risk Management Workers' Compensation

A new report forecasts a significant rise in AI and machine learning usage in anti-fraud programs, with a nearly threefold increase anticipated by 2026.
  March 6   CLM Fraud Insurance Industry Technology

The shift from paper-based processes to digital claims management marks a transformative era for adjusters, enhancing efficiency and customer service.
  March 5   PropertyCasualty360 Education & Training Insurance Industry Technology

Many residents of the Texas Panhandle, left uninsured, face an uphill battle in recovering from devastating wildfires, highlighting the growing insurance affordability crisis.
  March 5   Texas Tribune Catastrophe Property Risk Management Texas

A landmark $72.5 million judgment has been awarded to Aurora Beauchamp, a cancer patient severely injured by a city bus, marking one of the MTA’s largest payouts.
  March 5   NY Post Catastrophe Legislation & Regulation Liability Life & Health Florida New York

The ransomware attack on Change Healthcare has not only disrupted US pharmacies but also sparked a potential $22 million ransom payment, raising concerns across the health care sector.
  March 5   Wired Fraud Life & Health Technology

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