Insurance professionals on Reddit discuss how carriers are reducing storm damage coverage, impacting policies and the job market for adjusters.
  June 7   Reddit Catastrophe Litigation Property Risk Management California Florida

A licensed insurance agent from Nash County has been charged with 74 felony counts, including identity theft and forgery, after allegedly forging life insurance applications to obtain funds illegally.
  June 7   NC Department of Insurance Fraud Insurance Industry Life & Health Litigation North Carolina

Q1 2024 sees a significant rise in EV repairable claims and total loss frequency in the US and Canada, highlighting trends in EV repair costs and adoption.
  June 7   Mitchell Auto Insurance Industry Risk Management Technology California

A hack targeting Snowflake’s customers may become one of the biggest data breaches in history, affecting major companies like Ticketmaster and Santander.
  June 7   Wired Legislation & Regulation Risk Management Technology

Netflix is being sued for $170 million by a woman claiming to be the inspiration for a character in the series Baby Reindeer, alleging defamation and emotional distress.
  June 7   Claims Journal Legislation & Regulation Liability Litigation California

Florida’s Fifth District Court of Appeals rules that retailers like Wal-Mart have no duty to protect patrons from fleeing shoplifters, affirming summary judgment in a negligence case.
  June 7   CLM Legislation & Regulation Liability Litigation Risk Management Florida

Personalized medicine, driven by AI, is becoming a reality through advanced data analysis of genetic and molecular information.
  June 7   Insurance Thought Leadership Education & Training Life & Health Risk Management Technology

Rhode Island’s new law, effective January 2025, prevents auto insurers from charging widows and widowers higher rates, treating them the same as married policyholders.
  June 6   WPRO Auto Insurance Industry Legislation & Regulation Liability Delaware Pennsylvania Rhode Island

Governor Ron DeSantis signed HB 1561 into law on May 11, introducing several consumer protections for patients undergoing liposuction, including Brazilian butt lifts (BBLs).
  June 6   Tampa Bay Times Legislation & Regulation Liability Life & Health Risk Management Florida

In Q1 2024, the P&C insurance industry saw impressive stock performance, with notable gains among insurtechs demonstrating high-quality growth.
  June 6   Insurance Thought Leadership Insurance Industry Risk Management Technology Underwriting

The 2024 Atlantic hurricane season, starting June 1 and ending November 30, is predicted to be particularly active. Allianz Commercial offers insights into this year’s forecast, reviewing notable 2023 storms and providing expert advice on storm preparedness.
  June 6   Allianz Catastrophe Insurance Industry Property Risk Management Florida Georgia North Carolina South Carolina

Following the devastating tornadoes, Tallahassee leaders stress the importance of hurricane readiness as recovery costs exceed $50 million.
  June 5   WTXL Catastrophe Legislation & Regulation Property Risk Management Florida

The 2024 Ransomware Trends Report reveals increasing cyber threats, with a focus on data protection, recovery strategies, and the collaboration between IT and security teams.
  June 5   Veeam Insurance Industry Risk Management Technology

Higher accident rates and steeper repair costs for EVs are creating challenges for insurers trying to maintain underwriting profitability in this burgeoning market, according to a new report from the Swiss Re Institute.
  June 5   Insurance Information Institute Auto Risk Management Technology Underwriting

Iowa’s major insurance companies have reduced roof coverage, resulting in substantial out-of-pocket costs for homeowners and jeopardizing mortgages. The changes follow increased claims from frequent hail and wind storms.
  June 5   Des Moines Register Insurance Industry Legislation & Regulation Property Risk Management Iowa

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