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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

Florida Court Rules Employer Entitled to Full Workers’ Compensation Lien

Florida Court Rules Employer Entitled to Full Workers’ Compensation Lien

A Florida appellate court has ruled that Captain D's LLC is entitled to fully collect on its workers' compensation lien after an injured worker failed to prove she didn't receive full value from her injuries in a third-party settlement.
July 15, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Florida

Addressing Rising Insurance Costs Through Education and Resilience

Addressing Rising Insurance Costs Through Education and Resilience

Triple-I emphasizes the importance of consumer education and community resilience to mitigate rising insurance costs driven by inflation, litigation, and natural disasters.
July 11, 2024 Education & Training Legislation & Regulation Property Risk Management California Florida Louisiana

Insurers Gained $50 Billion From Medicare for Untreated Diseases

Insurers Gained $50 Billion From Medicare for Untreated Diseases

Medicare Advantage insurers received $50 billion from questionable diagnoses, including diseases like diabetic cataracts and HIV, for conditions that were not treated or didn't exist.
July 8, 2024 Fraud Insurance Industry Legislation & Regulation Technology Alabama Arizona Florida Georgia Massachusetts

Farmers Insurance Addresses Adjuster Concerns Following Anonymous Letter

Farmers Insurance Addresses Adjuster Concerns Following Anonymous Letter

Farmers Insurance responds to claims of understaffing and overworking made by an anonymous group of in-house adjusters, following a significant increase in claims and workforce reduction.
July 2, 2024 Insurance Industry Legislation & Regulation Litigation Workers' Compensation Alabama California Florida Georgia Tennessee

Big Florida Insurers Close Nearly Half of Homeowner Claims Without Payment

Big Florida Insurers Close Nearly Half of Homeowner Claims Without Payment

Weiss Ratings, an independent insurance rating agency, reports that three major Florida homeowners insurance providers closed nearly half of their claims last year without any payment.
July 2, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida
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