
OSHA Reports Fewer Worker Fatalities Investigated in 2024
Worker fatalities investigated by OSHA decreased by 11% in FY 2024, marking the lowest count since 2017. Efforts targeting falls and trench collapses significantly contributed to the decline.
November 18, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation

Flood Insurance Gaps Highlighted by Hurricane Helene’s Impact
The devastation caused by Hurricane Helene sheds light on the widespread lack of flood insurance, revealing critical challenges in accessibility, affordability, and risk awareness.
November 18, 2024
Legislation & Regulation
Property
Risk Management
Florida
Louisiana
Texas

Cybercrime on the Rise: Most Americans Report Scam Attempts
A recent report highlights that nearly all Americans have been targeted by digital scams, with billions lost annually to sophisticated cybercrime schemes.
November 15, 2024
Fraud
Insurance Industry
Risk Management
Technology

AI Revolutionizes Hurricane Forecasting with Unprecedented Accuracy
AI weather models like GraphCast demonstrated remarkable accuracy during this hurricane season, outperforming traditional models in predicting storm tracks but facing challenges with intensity forecasting.
November 15, 2024
Catastrophe
Risk Management
Technology
Louisiana
Texas

Worker Deaths Decline as OSHA Focuses on Safety Enforcement and Education
A new OSHA report shows an 11% drop in worker fatalities, with significant declines in deaths from trench collapses and falls, attributed to targeted safety efforts, enforcement, and outreach initiatives.
November 14, 2024
Education & Training
Legislation & Regulation
Risk Management
Workers' Compensation

North Carolina Insurance Agent Faces Charges for Forgery and Embezzlement
A North Carolina insurance agent faces embezzlement charges after allegedly taking premiums without securing policies, following a history of regulatory penalties and surrendered licenses.
November 14, 2024
Fraud
Insurance Industry
Legislation & Regulation
Liability
North Carolina

New Climate Research Reveals Worsening Global Conditions in 2024
As COP29 unfolds in a year of record-high temperatures, new research reveals accelerating climate effects, from supercharged storms and wildfire deaths to a slowing Atlantic current, raising concerns about a range of tipping points.
November 14, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
North Carolina

New Hampshire Supreme Court Strikes Down Geico’s Underinsured Motorist Claim Deadline
The New Hampshire Supreme Court ruled that a Geico policy requiring underinsured motorist claims within three years of an accident is unenforceable, citing conflicts with state law designed to protect injured insureds.
November 14, 2024
Auto
Insurance Industry
Legislation & Regulation
Litigation
New Hampshire

How AI is Changing Medicare Advantage Claims Denials in Healthcare
AI is reshaping Medicare Advantage claim approvals, raising concerns among healthcare providers over denial rates. As technology automates prior authorization, hospitals and patients face delays and challenges in accessing essential care.
November 14, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Technology
Connecticut

Massachusetts Wildfires Spread as Drought and High Winds Intensify Risks
Ongoing drought and high winds have sparked severe brush fires across Massachusetts, with over 1,500 acres already burned this season. Officials urge caution as red flag warnings remain in place.
November 14, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Maine
Massachusetts
New Hampshire

GM Issues Recall on Diesel Pickups and SUVs Over Rear Wheel Lock-Up Risk
General Motors is recalling nearly 462,000 Chevrolet, GMC, and Cadillac vehicles with diesel engines due to a defect in the transmission control valve that could cause rear wheels to lock up, raising crash risks.
November 14, 2024
Auto
Legislation & Regulation
Risk Management
Technology

UK Class Action Alleges Apple Monopolizes Data Storage, May Face Billions in Damages
Apple faces a UK class action alleging it unfairly dominates the data storage market by limiting consumer options for external storage. The lawsuit, filed in London, seeks up to £3 billion in damages and highlights ongoing concerns over monopolistic practices by tech giants.
November 14, 2024
Legislation & Regulation
Litigation
Risk Management
Technology

Allstate Seeks Repayment from Hyundai, Kia Over Vehicle Fire Claims
Allstate and subsidiaries are suing Hyundai and Kia, claiming the automakers failed to address known fire risks in certain vehicles, resulting in insurance payouts for damages related to vehicle fires.
November 14, 2024
Auto
Liability
Litigation
Subrogation
California

Rising Inland Flood Risk Demands Urgent Attention in U.S.
The Insurance Information Institute's latest report highlights the increasing flood risks faced by inland areas due to shifting weather patterns. Hurricanes, tropical storms, and thunderstorms are pushing the boundaries of flood-prone regions, underscoring the need for better insurance coverage, flood resilience, and mitigation strategies to bridge the protection gap in non-coastal communities.
November 14, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
Kentucky
New Jersey
New York

Commercial Auto Insurance Faces Steep Losses Despite Rate Hikes, AM Best Reports
Despite over a decade of rate hikes and underwriting reforms, the commercial auto insurance sector has faced escalating losses, with 2023 marking its worst year on record due to high claims costs, social inflation, and other persistent challenges.
November 14, 2024
Auto
Litigation
Risk Management
Underwriting



