Solar Energy Growth Sparks Surge in Construction Claims
The rapid growth of solar energy is driving an increase in construction-defect claims, as industry experts highlight risks such as fire, environmental concerns, and insurance coverage issues.
October 4, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
Arizona
California
Colorado
Florida
Texas
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
