Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts

Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.
September 30, 2024 Liability Property Risk Management Workers' Compensation California Florida Michigan Mississippi New Jersey

California Wildfire Season Intensifies Without Key Factor, Raising Concerns for the Coming Months

California has faced a severe wildfire season fueled by heat and dried-out vegetation, even without the seasonal winds that typically escalate fire risks. Experts warn that conditions could worsen as fall progresses.
September 24, 2024 Catastrophe Legislation & Regulation Property Risk Management California

California Firefighter Arrested for Allegedly Starting Five Brush Fires in Northern California

A firefighter in Northern California has been arrested for allegedly starting five brush fires while off duty, raising concerns about internal misconduct within fire agencies.
September 23, 2024 Catastrophe Legislation & Regulation Litigation Property California

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

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

UPS Driver Wins $237.6 Million in Racial Discrimination and Retaliation Lawsuit

A UPS driver was awarded $237.6 million in a racial discrimination lawsuit after a jury found he was subjected to a hostile work environment and unjustly fired. UPS plans to appeal the decision.
September 16, 2024 Litigation Workers' Compensation California Oregon Washington

Cyber Attacks on U.S. Utilities Soar by 70 Percent, Experts Warn of Rising Threat

Cyber attacks on U.S. utilities have surged nearly 70 percent this year, exposing vulnerabilities in outdated software and expanding infrastructure. Experts warn a large-scale attack could cripple essential services.
September 13, 2024 Catastrophe Legislation & Regulation Risk Management Technology California

Investigators Sound Alarm on Fraudulent Water Damage Claims

Insurance fraud experts warn about exaggerated or false water damage claims, often linked to home renovations and fake sewage leaks, aimed at inflating insurance payouts.
September 13, 2024 Catastrophe Fraud Litigation Property California Florida

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

Innovative Insurance Solutions Are Critical as Severe Weather Intensifies

The surge in severe weather events highlights the urgent need for modern insurance strategies, as homeowners face heightened risks and coverage gaps. Tailored disaster insurance solutions can help protect against growing financial vulnerability.
September 5, 2024 Catastrophe Insurance Industry Property Risk Management California New York

X Faces Class Action Over Alleged Age Discrimination in Mass Layoffs

A federal judge has allowed roughly 150 former workers over age 50 to pursue a class action lawsuit against X, alleging age discrimination in the company’s 2022 mass layoffs under Elon Musk’s ownership.
September 5, 2024 Insurance Industry Legislation & Regulation Litigation Workers' Compensation California

Catastrophe Bond Market Surges to $45.6 Billion in Outstanding Capital

The catastrophe bond market has reached unprecedented levels, recording $12.2 billion in new transactions and pushing total capital to $45.6 billion, driven by growing risk transfer needs.
September 4, 2024 Catastrophe Insurance Industry Property Risk Management California Florida Texas

Wildfire Solutions: How Tech Entrepreneurs Are Innovating to Combat Flames

With wildfires intensifying due to climate change, tech startups in Silicon Valley are creating innovative solutions, from AI-driven forest management to automated firebreaks, to mitigate future risks.
September 3, 2024 Catastrophe Property Risk Management Technology California

San Francisco Tow Company Owner Faces New Federal Insurance Fraud Charges

The owner of multiple towing companies in San Francisco has been charged again with federal insurance fraud, involving staged crashes and fraudulent claims, just weeks after a similar case was filed.
August 29, 2024 Auto Fraud Insurance Industry Litigation California

Federal Policy Conflicts Could Raise Flood Insurance Costs, Leave Thousands Unaware of Dam Risks

Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
August 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Arizona California Colorado Georgia Minnesota
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