Recently, I hosted a training for inside adjusters, and the group consisted of around 20 seasoned claims professionals with an average tenure exceeding seven years. Most of these inside adjusters had spent at least a couple of years in the field, as well.
Behavior change at many levels is key to addressing the rising human and economic costs associated with climate risk. But change is hard, and actionable data is essential to supporting the case for change.
The 2nd Appellate District in Montes v. Young Men’s Christian Assn. of Glendale, California (2022 Cal.App.LEXIS 677) recently reaffirmed the application of the ‘open and obvious’ defense to premises liability claims, especially as they related to trial following an unsuccessful motion for summary judgment raising the defense.
Allstate and State Farm have continued to pursue significant auto insurance rate increases as they react to inflationary pressures and increases in auto accident severity.
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be equipped with blood alcohol monitoring systems that can stop an intoxicated person from driving.
To save Louisiana’s insurance market from a crisis, legislators and the Louisiana Department of Insurance have proposed an incentive fund to attract more insurers to the state. During a legislative session last week, lawmakers established the fund, but did not put any money into it.
Interest rates will keep going up. But that won’t be entirely negative for the insurance industry, or the longer-term fundamentals of the broader economy, suggested a new Sigma report from Swiss Re.
Gig economy companies like Uber Technologies Inc., Lyft Inc., and Grubhub Inc., have paid hundreds of millions to defend and settle claims over the past decade that they wrongly classified workers as independent contractors, but legal and practical hurdles for plaintiffs and state enforcers mean these companies have not had to reclassify their workforces.
A half-dozen Oregon homeowners and businesses have filed federal lawsuits this month alleging underpayments in the aftermath of the destructive Labor Day 2020 wildfires, including the Almeda Fire.
Long known as the nation’s most hurricane-prone state, Florida has achieved a new status that is aggravating hurricane anxieties and threatening real-estate values. Florida has the worst property-insurance market.
Sustainability is driving the confluence of the environmental, social, and governance (ESG) pillar landscape; cybersecurity; and satellite remote sensing data. Business moves faster than weather data flows, and delays in accessing current data create a broken value chain.
Hurricane Fiona struck Puerto Rico’s southwest coast on Sunday, bringing destructive flooding, mudslides and an island-wide power blackout one day after leaving one dead in the Leeward Islands.
Western Alaska was reeling Monday from the most intense storm ever recorded in the Bering Sea during the month of September brought hurricane force winds and record high storm surge flooding along the coastline.
The National Football League was sued for allegedly sharing digital subscribers’ personal data with Meta Platforms Inc.’s Facebook, becoming the latest target of consumers claiming companies pass on private information to the social media site without their consent.
