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California Faces Torrential Rains, Tornado Warnings, and Fires Amid Severe Weather Events

Northern California grapples with flooding and tornadoes, while Southern California battles wildfires and heat in an unprecedented stretch of extreme weather linked to La Niña and climate change.
December 26, 2024 Catastrophe Insurance Industry Property Risk Management California

Is 3D Printing Transforming Construction?

Innovative 3D printing technology is reshaping residential and commercial construction, offering faster, cost-effective, and sustainable solutions to address the housing shortage.
December 26, 2024 Litigation Property Risk Management Technology Florida Nevada Tennessee Texas

Boy Faces Open Heart Surgery After Drone Strikes During Orlando Holiday Event

A 7-year-old boy is recovering from open-heart surgery after being struck by a drone during a holiday show at Lake Eola in Orlando, prompting an FAA investigation into the incident.
December 23, 2024 Legislation & Regulation Liability Risk Management Technology Florida

US Watchdog Targets Major Banks Over Alleged Fraud on Zelle Payment App

The Consumer Financial Protection Bureau has sued JPMorgan Chase, Bank of America, and Wells Fargo, alleging insufficient protections against fraud on the Zelle payment platform, impacting consumers nationwide.
December 20, 2024 Fraud Legislation & Regulation Litigation Technology

Chicago Restaurant Group to Pay $125K in Back Wages for Overtime Violations

A family-operated restaurant group in Chicago must pay $125,000 in overtime back wages and damages to 53 employees following a Department of Labor investigation and court order.
December 20, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Illinois

South Florida Buildings Face Risks from Coastal Subsidence Hotspots

Recent satellite studies reveal ground sinking up to 8 cm in parts of Miami Beach, Sunny Isles Beach, and Surfside, potentially impacting structural stability of buildings.
December 19, 2024 Legislation & Regulation Property Risk Management Technology Florida

Amazon Braces for Strike Threats During Peak Holiday Season

Teamsters union members in multiple cities threaten a pre-Christmas strike, pressuring Amazon to negotiate amid labor disputes over unionization and workplace rights.
December 19, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Alabama California Georgia Illinois New York

How Artificial Intelligence is Transforming Workers’ Compensation

Artificial intelligence is reshaping workers’ compensation by improving fraud detection, streamlining claims processes, and enhancing injury prevention—but ethical implementation is key.
December 19, 2024 Fraud Risk Management Technology Workers' Compensation

CVS Faces Federal Lawsuit Over Alleged Opioid Dispensing Missteps

The DOJ alleges CVS pharmacies knowingly dispensed opioids unsafely, ignoring red flags and understaffing stores, as part of a whistleblower suit under the False Claims Act.
December 19, 2024 Fraud Legislation & Regulation Litigation Risk Management Rhode Island Tennessee Texas

Insurance Industry Prioritizes Human-Centered AI for Ethical Innovation

At Triple-I’s 2024 Joint Industry Forum, experts highlighted AI’s transformative potential while stressing ethical implementation, collaboration, and regulatory preparedness.
December 19, 2024 Insurance Industry Legislation & Regulation Risk Management Technology

North Dakota Grants Key Approval for Midwest CO2 Pipeline Storage

North Dakota regulators approved permits for underground carbon dioxide storage, a critical step for Summit Carbon Solutions’ Midwest pipeline project, despite ongoing opposition.
December 19, 2024 Legislation & Regulation Property Risk Management Technology Iowa Minnesota Nebraska North Dakota South Dakota

Swiss Re Leaders Highlight Industry Risks and Opportunities for 2025

Swiss Re executives outline key challenges for the re/insurance industry in 2025, including geopolitical instability, rising natural disaster losses, social inflation, and opportunities in life insurance growth.
December 19, 2024 Catastrophe Liability Life & Health Risk Management

Senate Report Blames Climate Change for Insurance Challenges as Industry Pushes Back

The Senate Budget Committee attributes rising non-renewal rates to climate change, but insurance experts highlight other drivers like inflation, litigation, and overbuilding.
December 19, 2024 Catastrophe Legislation & Regulation Property Risk Management California Florida Hawaii Louisiana Massachusetts

Millions of Homeowners Risk Being Underinsured for Detached Structures

AI-based analysis reveals nearly half of U.S. properties have overlooked secondary structures, highlighting risks for homeowners and insurers alike.
December 19, 2024 Property Risk Management Technology Underwriting California Georgia Montana North Carolina Rhode Island

Robin Roberson on How Agentic AI Is Reshaping Insurance Claims

Insurance Thought Leadership interviews Robin Roberson about how Agentic AI is transforming claims processes, automating manual tasks, and improving communication across the insurance ecosystem.
December 19, 2024 Insurance Industry Risk Management Technology Oklahoma
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