Parents of Teen Killed in Orlando Ride Accident Awarded $310 Million
A jury has awarded $310 million to the parents of Tyre Sampson, the teen who fell from the Orlando FreeFall ride in 2022, highlighting the consequences of safety failures in amusement rides.
December 9, 2024
Legislation & Regulation
Liability
Litigation
Risk Management
Florida
Missouri
Teen Arrested in Scattered Spider Cybercrime Case Linked to Telecom and Crypto Hacks
Authorities have arrested a teenager linked to the Scattered Spider gang, accusing them of hacking financial and telecom firms and launching phishing campaigns targeting employees and customers.
December 9, 2024
Fraud
Litigation
Risk Management
Technology
Florida
North Carolina
Texas
Modern Building Codes Hold the Key to Reducing Disaster Costs
Modernized building codes can significantly cut disaster recovery costs, but inconsistent adoption across states remains a major challenge as climate risks grow.
December 9, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Delaware
Florida
Louisiana
Virginia
Freeze Claims: Strategies for Swift and Effective Resolution
Learn how proactive risk management, clear communication, and expert coordination can turn a freeze claim disaster into a successful recovery.
December 9, 2024
Catastrophe
Education & Training
Property
Risk Management
Arizona
Florida
New Mexico
Global Insurance 2025: Navigating Challenges to Achieve Growth
The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.
December 9, 2024
Catastrophe
Property
Risk Management
Technology
California
Florida
New York
Washington
Chinese Hackers Target Eight U.S. Telecom Firms in Espionage Campaign
A Chinese espionage group has infiltrated eight U.S. telecom companies, sparking federal investigations and raising cybersecurity concerns across critical infrastructure.
December 5, 2024
Legislation & Regulation
Risk Management
Technology
Florida
Florida Matches Record Hurricane Landfalls in 2024, Reports Howden Re
The 2024 Atlantic hurricane season, marked by record Florida landfalls and extreme storm activity, ranks among the most impactful in recent history, Howden Re reports.
December 5, 2024
Catastrophe
Property
Risk Management
Technology
Florida
North Carolina
Tennessee
Homeowners Face Triple Disaster Risks and Insurance Gaps
Over 33,000 U.S. homes face extreme risks from three natural disasters, exposing gaps in insurance coverage and highlighting the urgent need for multi-peril resilience planning.
December 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Texas
Washington
Legal System Abuse: The New Name Driving Insurance Industry Reform
Insurance leaders at Triple-I’s 2024 Joint Industry Forum rebrand "social inflation" as "legal system abuse" to improve communication and drive legal reform for cost control.
December 3, 2024
Fraud
Legislation & Regulation
Litigation
Risk Management
Florida
Georgia
Kansas
Louisiana
Washington
Insurance Faces Data Challenges in Climate Risk Planning
Fragmented data sources and limited integration are stalling the insurance industry’s ability to address climate risks, experts emphasize at the Global Insurance Forum.
December 2, 2024
Catastrophe
Legislation & Regulation
Risk Management
Technology
Florida
Record-Breaking 2024 Hurricane Season Ends with $50 Billion in Insured Losses
The 2024 Atlantic hurricane season, ending with 18 named storms, saw record-breaking storms, including Hurricane Milton, which inflicted billions in insured losses across the U.S.
December 2, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
Louisiana
North Carolina
South Carolina
Florida’s Insurance Market Faces Collapse Amid Controversial Ratings Agency Claims
Florida regulators subpoena Weiss Ratings over claims the state’s insurance market is collapsing. The agency’s founder defends his warnings, citing widespread issues with unpaid claims.
November 22, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
Thanksgiving Travel Expected to Break Records, Says AAA
Thanksgiving travel this year is expected to surpass pre-pandemic levels, with nearly 80 million Americans traveling by car, air, and other modes, setting new records across the board.
November 22, 2024
Auto
Insurance Industry
Risk Management
California
Florida
Hawaii
New York
Washington
Rising Climate Risks Drive 13% of US Homebuyers to Consider Moving
Concerns about natural disasters and climate risks are influencing 13.7% of US homebuyers to relocate, with low-risk areas seeing faster home value growth for the first time since 2010.
November 22, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Texas
Sea Level Rise by 2100 Could Displace Millions and Damage $1 Trillion in Property
A one-meter rise in sea levels by 2100 may expose over 14 million people and $1 trillion worth of property to flooding, erosion, and subsidence along the Southeast Atlantic coast.
November 22, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Virginia
