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Louisiana Residents Begin Cleanup After Hurricane Francine’s Devastation

Louisiana Residents Begin Cleanup After Hurricane Francine’s Devastation

Residents across southern Louisiana are starting the cleanup process following Hurricane Francine, which brought 100-mph winds, severe flooding, and widespread storm surge damage to coastal communities.
September 12, 2024 Catastrophe Insurance Industry Property Risk Management Louisiana

Millions Under Flood Watch as Hurricane Francine Weakens, Brings Heavy Rains Inland

Millions Under Flood Watch as Hurricane Francine Weakens, Brings Heavy Rains Inland

As Hurricane Francine moves inland, millions from Florida to Tennessee remain under flood watch, with heavy rains and tornado warnings threatening areas across the South. Power outages and damage reports continue.
September 12, 2024 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Louisiana Mississippi

Hurricane Francine Slams Southern Louisiana with 100-MPH Winds and Flooding

Hurricane Francine Slams Southern Louisiana with 100-MPH Winds and Flooding

Hurricane Francine hit southern Louisiana, bringing 100-mph winds, widespread power outages, and severe storm surge damage. The storm left over 400,000 without power and caused significant flooding in multiple communities.
September 12, 2024 Catastrophe Litigation Property Risk Management Louisiana

Hurricane Francine to Hit Louisiana Wednesday Bringing Storm Surge, High Winds, and Flooding

Hurricane Francine to Hit Louisiana Wednesday Bringing Storm Surge, High Winds, and Flooding

Hurricane Francine will make landfall in Louisiana, bringing dangerous storm surge, high winds, heavy rain, and tornado threats to the Gulf Coast and southern states. Flooding may extend as far north as the Ohio Valley later in the week.
September 11, 2024 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Louisiana Mississippi

Insurers Boost Use of RICO Lawsuits to Combat Staged Personal Injury Claims

Insurers Boost Use of RICO Lawsuits to Combat Staged Personal Injury Claims

Insurers and defense attorneys are increasingly turning to RICO lawsuits to fight fraudulent personal injury claims, with recent cases in Florida and New York highlighting the growing trend of staged accident schemes.
September 11, 2024 Auto Fraud Liability Litigation Florida New York

How Claims Management is Paving the Way for Sustainable Property Insurance

How Claims Management is Paving the Way for Sustainable Property Insurance

The claims sector is crucial in transforming property insurance by adopting sustainable practices, reducing waste, and meeting new environmental regulations to protect against climate risks.
September 11, 2024 Catastrophe Property Risk Management Salvage

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs

The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024 Fraud Legislation & Regulation Property Risk Management Alabama Arkansas Florida Illinois Minnesota

Silica Dust Exposure Drives Enforcement and Mitigation Actions Across States

Silica Dust Exposure Drives Enforcement and Mitigation Actions Across States

Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.
September 11, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation California Illinois

Hawkins Inc. Resolves Hazardous Waste Violations With $51,158 Penalty and Emergency Equipment Donations

Hawkins Inc. Resolves Hazardous Waste Violations With $51,158 Penalty and Emergency Equipment Donations

Hawkins Inc. of Iowa will pay $51,158 in penalties and provide emergency response equipment after the EPA found violations of hazardous waste management regulations under the Resource Conservation and Recovery Act.
September 11, 2024 Legislation & Regulation Litigation Property Risk Management Iowa

U.S. Commercial Insurance Prices Climb 5.9% in Second Quarter of 2024

U.S. Commercial Insurance Prices Climb 5.9% in Second Quarter of 2024

U.S. commercial insurance rates rose by 5.9% in Q2 2024, with notable hikes in excess liability and commercial auto, while workers’ comp, cyber, and D&O liability saw price decreases.
September 11, 2024 Auto Liability Property Workers' Compensation

Outage Shakes Life & Annuity Carriers, Raising New Risk Questions

Outage Shakes Life & Annuity Carriers, Raising New Risk Questions

A 30-hour iPipeline outage over Labor Day weekend disrupted new business operations for Life & Annuity carriers, underscoring the evolving risks in third-party technology reliance.
September 11, 2024 Risk Management Technology

Top Innovators in Insurance: Meet the Nine Global Innovation Awards Finalists

Top Innovators in Insurance: Meet the Nine Global Innovation Awards Finalists

The Global Innovation Awards finalists highlight how AI and predictive technologies are transforming the insurance industry, from preventing accidents and fires to improving health outcomes and tackling global climate challenges.
September 10, 2024

How Advanced Tools Are Transforming Flood Risk Analysis and Insurance Pricing

How Advanced Tools Are Transforming Flood Risk Analysis and Insurance Pricing

As climate risks rise, insurers are turning to high-precision data tools to analyze flood risks more accurately and profitably write flood coverage in challenging areas.
September 10, 2024 Catastrophe Property

Business Owners Fear Rising Insurance Costs as Severe Weather Intensifies

Business Owners Fear Rising Insurance Costs as Severe Weather Intensifies

As severe weather events grow more frequent, business owners are worried about inadequate insurance coverage. Gallagher reports many are investing in resilience strategies to lower risk and cut future costs.
September 10, 2024

Tropical Storm Francine Set to Become Hurricane, Targeting Gulf Coast with Storm Surge and Heavy Rain

Tropical Storm Francine Set to Become Hurricane, Targeting Gulf Coast with Storm Surge and Heavy Rain

Tropical Storm Francine is forecast to strengthen into a hurricane before making landfall along the Gulf Coast, bringing dangerous storm surge, heavy rain, and potential flooding to parts of Louisiana and Texas by midweek.
September 9, 2024 Catastrophe Legislation & Regulation Property Risk Management Alabama Louisiana Mississippi Texas
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