
Oregon Lawmakers Seek Utility Rate Freeze for Ongoing Wildfire Lawsuits
Oregon lawmakers plan to introduce legislation preventing utility rate hikes while lawsuits related to the 2020 wildfires remain unresolved, targeting accountability for PacifiCorp.
December 26, 2024
Catastrophe
Legislation & Regulation
Litigation
Risk Management
Oregon

Catastrophe Bonds Drive Market Growth to Record $50 Billion
Catastrophe bonds reached a record $17.7 billion in issuance for 2024, as insurers turn to private investors to manage growing climate-related risks and rising rebuilding costs.
December 26, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
AI and Telematics Transform Auto Insurance with Real-Time Insights
Artificial intelligence and telematics are reshaping auto insurance by enabling dynamic, behavior-based premiums, improving road safety, and enhancing customer experiences.
December 26, 2024
Auto
Risk Management
Technology

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



