Gulf System Could Become Tropical Storm Dexter as Development Chances Rise
A low-pressure system moving from Florida into the Gulf may strengthen into Tropical Storm Dexter later this week, bringing heavy rain and flooding risks across the region.
July 15, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Mississippi
Texas
How a Warmer Climate Could Drive a 39% Surge in U.S. Hurricane Insurance Losses
A new scenario analysis reveals that insured U.S. hurricane losses could rise by nearly 40 percent under a 2 degrees Celsius warmer climate, with the greatest relative impacts along the East Coast.
July 15, 2025
Catastrophe
Insurance Industry
Property
Risk Management
How Rising Insurance Costs Are Leaving Millions Financially Strapped
Millions of Americans are paying more than ever for health, auto, home, and life insurance—stretching their budgets thin and fueling a growing crisis of insurance poverty.
July 15, 2025
Auto
Insurance Industry
Life & Health
Property
Ohio
Zuckerberg to Testify in $8 Billion Trial Alleging Facebook Misled Users and Shareholders
Mark Zuckerberg is set to testify in an $8 billion shareholder lawsuit alleging Facebook ignored a 2012 FTC order and misled users about privacy following the Cambridge Analytica scandal.
July 15, 2025
Insurance Industry
Litigation
Risk Management
Technology
How Aging Workers Are Reshaping the Complexity of Workers Compensation Claims
With more Americans over 55 staying in the workforce, injury claims are growing more complex due to slower recovery, comorbidities, and social health factors.
July 14, 2025
Risk Management
Technology
Workers' Compensation
Hail Causes Over Half of Solar PV Weather Claims in North America According to AXIS Capital Report
Hail is the leading driver of solar PV natural catastrophe claims in North America, with AXIS Capital urging better forecasting and resilient system design to reduce losses.
July 12, 2025
Catastrophe
Property
Risk Management
Technology
Georgia Countertop Manufacturer Fined for Exposing Workers to Dangerous Silica Dust
OSHA cited Brazilian Stone Design LLC with seven serious violations after determining employees were exposed to unsafe levels of respirable crystalline silica on the job.
July 12, 2025
Legislation & Regulation
Property
Risk Management
Workers' Compensation
Georgia
Maryland Couple Sentenced for $20 Million Life Insurance Scam Involving Dozens of Fraudulent Policies
James and Maureen Wilson of Owings Mills, Maryland, received prison time and must repay over $18.7 million after orchestrating a massive life insurance fraud scheme.
July 10, 2025
Fraud
Insurance Industry
Life & Health
Litigation
Maryland
New Report Ranks Safest and Riskiest U.S. Cities for Drivers in 2025
Allstate’s 2025 America’s Best Drivers Report reveals which U.S. cities saw the greatest improvements and setbacks in collision rates based on auto claims data.
July 10, 2025
Auto
Property
Risk Management
Technology
Reinsurance Market Turns Favorable for Buyers as Capital Surges in Midyear 2025 Renewals
Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.
July 10, 2025
Catastrophe
Litigation
Property
California
Florida
Why Coreless Architecture Is the Key to Scalable AI in Insurance
Insurers are adopting coreless architecture to scale AI, enhance digital servicing, and meet regulatory demands without discarding legacy core systems or disrupting operations.
July 10, 2025
Insurance Industry
Risk Management
Technology
Underwriting
Insurance Industry Expands AI Use but Faces Challenges in Scaling and Customer Trust
A new report reveals that while most insurers have adopted AI, fragmented deployment, data issues, and a trust gap hinder enterprise-wide scale and customer-facing value.
July 10, 2025
Education & Training
Risk Management
Technology
Corporate Sustainability Strategies Gain Traction as Companies Eye Profitable Climate Resilience
Most companies now view sustainability as a value driver, with 88% recognizing profit potential despite high investment costs and climate-related operational challenges.
July 7, 2025
Insurance Industry
Property
Risk Management
Technology
Rhode Island Sets New Standards for Pet Insurance Policies and Sales Practices
Rhode Island’s new Pet Insurance Act introduces detailed consumer protections, requiring clear disclosures and training for producers starting January 1, 2026.
July 7, 2025
Education & Training
Insurance Industry
Legislation & Regulation
Life & Health
Rhode Island
Lululemon Sues Costco Over Lookalike Apparel Alleging Consumer Confusion
Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.
July 7, 2025
Insurance Industry
Liability
Litigation
Risk Management
California
