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The Trucking Insurance Crisis: Lawsuit Abuse

In one notable personal injury case, a medical provider billed more than $14,000 for a procedure that’s typically reimbursed by insurance at less than $400. Grossly inflated claims are costing the industry dearly and in some cases are driving trucking companies out of the marketplace because they can no longer afford insurance.

Wildfire Around The World: A Threat Without Borders

Firefighters in the western United States face a shared struggle with others around the world who battle wildfires as the “seasons” for these events seem to grow longer and more destructive every year. Climate change and human encroachment on wildlands—driven by property development and agriculture—have fostered conditions that increase fire risk in disparate regions, from California, to Australia, to the Amazon rainforest, to Siberia.

Aon Confirms Huge Number Of Nat Cat Losses Not Insured

Aon has published its latest catastrophe report, which points to a gaping insurance hole for 2019. According to the broking giant’s Weather, Climate & Catastrophe Insight: 2019 Annual Report released today, last year’s 409 natural catastrophe events equated to $232 billion in economic losses.
January 22, 2020 Catastrophe Property