
New Jersey Supreme Court Expands Duty of Care for Sidewalks Next to Vacant Commercial Properties
The New Jersey Supreme Court ruled that commercial landowners, including those with vacant properties, must maintain public sidewalks abutting their properties in safe condition, aligning with broader public policy principles.
September 23, 2024
Legislation & Regulation
Liability
Litigation
Property
New Jersey

Rising Elder Fraud Losses Highlight Need for Personal Cyber Insurance
As elder fraud losses soar past $3.4 billion, cybersecurity risks grow more complex. Personal cyber insurance offers broader protection, covering identity theft, online fraud, and other cybercrimes targeting vulnerable populations.
September 23, 2024
Fraud
Insurance Industry
Life & Health
Technology

Evolving Worker Activity Tools Now Powering AI Data Generation in the Insurance Industry
COVID-era worker activity monitoring tools have evolved into sophisticated AI data generators, helping insurers tackle rising repair costs, litigation, and labor shortages while improving operational efficiency.
September 23, 2024
Auto
Litigation
Risk Management
Technology

Workers’ Compensation Outpaces P&C Lines with Sustained Profitability and Low Claims Frequency
Workers’ compensation continues to boost the property and casualty insurance industry with an 88.7 combined ratio in 2023, driven by reduced claims frequency, workplace safety, and competitive market conditions.
September 23, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation

Climate Change Drives Global Surge in Fires, Floods, and Drought
The impact of climate change is becoming more visible worldwide, with intensifying wildfires, severe droughts, and devastating floods affecting regions from Brazil to Southeast Asia.
September 19, 2024
Catastrophe
Litigation
Property
Risk Management
California
North Carolina

Nintendo Sues Pocketpair Over Alleged Patent Infringement in Hit Game Palworld
Nintendo and affiliate Pokemon Co. have filed a lawsuit against Pocketpair Inc. for alleged patent infringement tied to Palworld, citing gameplay mechanics as a potential issue. The case seeks an injunction and damages.
September 19, 2024
Insurance Industry
Litigation
Technology

Ohio’s Strategy to Attract and Train Insurance Talent
Ohio’s successful collaboration between universities, insurance companies, and stakeholders offers an effective model for recruiting and educating new talent in the insurance and risk management fields.
September 19, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Ohio

NFL Teams Losing Millions in Cap Space by Skipping Insurance on Star Quarterbacks
The Aaron Rodgers injury and Jets’ decision to skip insurance on his contract highlight how NFL teams can lose significant cap space and insurance proceeds when failing to protect high-value players.
September 18, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
California
Florida
New York
Ohio
Pennsylvania

Insurance HR Professionals Tackle Talent Retention and AI Concerns in 2024
Insurance industry HR leaders continue to battle long-standing challenges like talent retention, while preparing for AI’s impact on workforce management in 2024.
September 18, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation

Homeowners Insurance Costs Surge Across the U.S., Florida Takes the Lead with Soaring Rates
Homeowners across the U.S. are facing sharp insurance premium hikes, with Florida seeing the steepest increases, fueled by hurricane risks, fraud, and lack of competition.
September 18, 2024
Catastrophe
Litigation
Property
Risk Management
Florida
Louisiana
Texas

Parametric Insurance Protects Surf Ecosystems as Global Surfing Economy Booms
A groundbreaking parametric insurance model is being used to safeguard surf ecosystems from environmental damage, starting in El Salvador, as part of a global effort to protect valuable natural resources.
September 18, 2024
Catastrophe
Insurance Industry
Property
Risk Management

Fed Rate Cut to Boost Insurance Portfolios, Affect Premiums and Underwriting
The Federal Reserve’s unexpected rate cut could boost insurance portfolios, while potentially increasing premiums and altering underwriting practices across the sector.
September 18, 2024
Insurance Industry
Life & Health
Property
Underwriting

Pennsylvania Court Upholds Widow’s $2.3M Asbestos Verdict, Orders Full Delay Damages
A Pennsylvania appeals court upheld a $2.3 million verdict for the widow of a mesothelioma victim, ruling that COVID-19-related court delays do not exempt defendants from paying full delay damages in asbestos cases.
September 18, 2024
Liability
Litigation
Risk Management
Workers' Compensation
Pennsylvania

Lawmakers Push for UI Fraud Prevention While Improving Equity and Access
In response to pandemic-era unemployment fraud, lawmakers propose solutions to improve fraud prevention and equity in UI systems, leveraging technology and data-sharing practices.
September 18, 2024
Fraud
Insurance Industry
Legislation & Regulation
Technology
Alabama
Kentucky
New Jersey
Vermont

Justice Department Accuses Cargo Ship Owner of Negligence in Baltimore Bridge Collapse Lawsuit
The Justice Department is seeking to recover over $100 million, alleging that the owner and manager of the cargo ship responsible for the Baltimore bridge collapse ignored critical electrical issues and cut safety corners, leading to the fatal disaster.
September 18, 2024
Catastrophe
Liability
Litigation
Marine
Maryland



