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Gulf Coast Residents Urged to Monitor Developing Tropical Wave

Gulf Coast Residents Urged to Monitor Developing Tropical Wave

Meteorologists caution Gulf Coast residents about a potential tropical cyclone forming in the Atlantic as the 2024 hurricane season intensifies.
July 30, 2024 Catastrophe Insurance Industry Property Risk Management Florida

Former Adjuster Admits to $268K Auto Insurance Fraud Scheme

Former Adjuster Admits to $268K Auto Insurance Fraud Scheme

A former claims adjuster from Aurora has confessed to stealing over $268,000 from her employer by filing fraudulent auto insurance claims, resulting in felony theft charges for her and two accomplices.
July 29, 2024 Auto Fraud Insurance Industry Litigation Colorado Florida

Homeowners Face 21% Insurance Premium Increase, Climate Change Cited as Major Factor

Homeowners Face 21% Insurance Premium Increase, Climate Change Cited as Major Factor

Homeowners insurance premiums surged by 21% from May 2022 to May 2023, largely due to severe weather events driven by climate change, leaving many homeowners with limited options.
July 29, 2024 Catastrophe Insurance Industry Legislation & Regulation Property California Colorado Florida Idaho Louisiana

Florida Woman’s Concrete Blockade Floods Entire Neighborhood, Ignites Fierce Community Backlash

Florida Woman’s Concrete Blockade Floods Entire Neighborhood, Ignites Fierce Community Backlash

A Florida neighborhood is experiencing severe flooding after a resident poured concrete into a crucial drainpipe on her property, prompting county intervention and ongoing disputes with the HOA.
July 26, 2024 Legislation & Regulation Litigation Property Risk Management Florida

HeatRisk Tool Faces Real-World Challenges Amidst Rising US Temperatures

HeatRisk Tool Faces Real-World Challenges Amidst Rising US Temperatures

The HeatRisk forecasting tool, launched by the CDC and NOAA, is undergoing real-world testing as extreme temperatures stress many parts of the US, providing localized heat warnings to protect vulnerable populations.
July 25, 2024 Legislation & Regulation Life & Health Risk Management Technology Arizona California Florida Washington

Home Insurance Crisis: Rising Costs and Climate Challenges

Home Insurance Crisis: Rising Costs and Climate Challenges

Rising climate-related risks and regulatory challenges are driving up home insurance costs, making homeownership more difficult for many Americans.
July 23, 2024 Insurance Industry Legislation & Regulation Property Risk Management California Connecticut Florida

Class Action Lawsuit Filed Over Copa America Chaos at Hard Rock Stadium

Class Action Lawsuit Filed Over Copa America Chaos at Hard Rock Stadium

Hard Rock Stadium, CONMEBOL, and CONCACAF face class action lawsuits after security failures led to chaos, injuries, and denied entry at the Copa America Final.
July 23, 2024 Insurance Industry Liability Litigation Risk Management Florida

NBA Teams Sued for Copyright Infringement in Social Media Videos

NBA Teams Sued for Copyright Infringement in Social Media Videos

Fourteen NBA teams are accused of using copyrighted music in social media promotional videos without proper licensing, leading to multiple lawsuits by Kobalt and other music companies.
July 23, 2024 Insurance Industry Legislation & Regulation Litigation Technology Arizona California Colorado Florida Georgia

Inflation Continues to Lead Insurers’ Concerns

Inflation Continues to Lead Insurers’ Concerns

Despite cooling predictions, inflation remains the primary concern for insurance executives worldwide for the third consecutive year, according to the International Insurance Society’s annual survey.
July 23, 2024 Insurance Industry Property Risk Management Technology Florida

Two Russian Nationals Plead Guilty in LockBit Ransomware Case

Two Russian Nationals Plead Guilty in LockBit Ransomware Case

Ruslan Astamirov and Mikhail Vasiliev admitted their roles in deploying the LockBit ransomware, leading to over 2,500 attacks and $500 million in ransom payments, marking a significant step in combating the notorious hacking group.
July 22, 2024 Fraud Litigation Technology Arizona Florida New Jersey Virginia

Gulf Coast Disasters 2020-2021: Impacts and Lessons

Gulf Coast Disasters 2020-2021: Impacts and Lessons

Exploring the compounded impacts of multiple disasters on Gulf Coast communities from 2020 to 2021 and the lessons learned to enhance future resilience.
July 22, 2024 Catastrophe Life & Health Property Risk Management Alabama Florida Louisiana Mississippi Texas

RGA Leaders of Tomorrow Program Marks Decade of Mentorship Excellence

RGA Leaders of Tomorrow Program Marks Decade of Mentorship Excellence

The RGA Leaders of Tomorrow program, now celebrating its 10th anniversary, has mentored and inspired future insurance executives since its inception.
July 19, 2024 Education & Training Insurance Industry Life & Health Florida New York

Adjusters Reveal Their Wildest Claims: From Zoo Giraffes to Ancient Burial Grounds

Adjusters Reveal Their Wildest Claims: From Zoo Giraffes to Ancient Burial Grounds

From a dead giraffe in a zoo to discovering an ancient burial ground, insurance adjusters share their most bizarre and unexpected claims in a fascinating Reddit thread. These stories range from the humorous to the eerie, offering a unique glimpse into the unpredictable world of insurance.
July 16, 2024 Fraud Litigation Property Weird Florida Missouri Oklahoma

New Study Uncovers State Variations in Workers’ Compensation for First Responders’ Mental Health

New Study Uncovers State Variations in Workers’ Compensation for First Responders’ Mental Health

Recent research from the FIRST Center highlights significant differences in state workers’ compensation laws for first responders with mental health conditions, emphasizing the need for uniform presumption laws.
July 16, 2024 Legislation & Regulation Life & Health Risk Management Workers' Compensation Alaska Arizona California Colorado Connecticut

Understanding Hurricane Categories: Why Even "Weaker" Storms Can Be Dangerous

Understanding Hurricane Categories: Why Even "Weaker" Storms Can Be Dangerous

While often dismissed, Category 1 hurricanes and tropical storms can cause significant damage and fatalities, emphasizing the need for a comprehensive understanding of storm impacts beyond mere wind strength.
July 15, 2024 Catastrophe Insurance Industry Risk Management Technology Florida Louisiana New York Texas
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