Strategies to Reduce the Impact of Wildfires: Lessons from the Lahaina Fire

Experts urge adopting fire-resistant building practices, fuel breaks, and structure spacing to minimize damage and loss in future wildfires, following the devastating Lahaina fire in Hawaii.
September 30 Catastrophe Insurance Industry Property Risk Management Hawaii

Wildfire Risk Intensifies in 2024: Over 2.6 Million Homes at High Risk in the Western U.S.

As of mid-2024, wildfires have ravaged millions of acres in the U.S., with over 2.6 million homes at moderate or greater risk, emphasizing the crucial role of insurance and risk management in protecting communities.
August 13 Catastrophe Legislation & Regulation Property Risk Management Arizona California Colorado Hawaii Idaho

NOAA Proposes $575 Million for Coastal Climate Resilience

NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.
July 31 Catastrophe Legislation & Regulation Property Risk Management Alaska California Delaware Hawaii Louisiana

Rhode Island Domestic Workers Now Entitled to State Minimum Wage

Democratic Gov. Daniel McKee signed a bill ensuring Rhode Island domestic workers receive the state minimum wage. Previously excluded, these workers will now earn at least $14 per hour, with an increase to $15 on January 1st.
July 2 Legislation & Regulation Life & Health Workers' Compensation Hawaii Massachusetts New York Rhode Island

Building Resilience with Insurance

The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.
May 22 Catastrophe Insurance Industry Risk Management Technology California Hawaii New York

Florida’s Property Insurance Market Shows Signs of Stabilization in 2024

The Florida Office of Insurance Regulation reports a downward trend in property insurance rates for 2024, indicating market stabilization due to recent reforms.
May 21 Insurance Industry Legislation & Regulation Property Risk Management Florida Georgia Hawaii Louisiana

Climate Change Boosts Extreme Weather, Increasing U.S. Flood Risks

Climate change intensifies extreme precipitation, escalating flood risks across the U.S. with significant increases in the Northeast and Midwest.
May 6 Catastrophe Property Risk Management Alabama Alaska Georgia Hawaii Kentucky

Navigating the Complex Terrain of Data Privacy in Auto Insurance Claims and Repairs

With rising concerns over data privacy, the unauthorized use of personal information in auto insurance claims and repairs presents significant risks and implications for millions.
February 22 Auto Legislation & Regulation Technology California Colorado Connecticut Delaware Hawaii

Climate and Weather Challenges Escalate Risks and Costs for Organizations in 2023

2023 sets a record as the warmest year since 1850, with weather-related disasters costing the US $150 billion annually.
February 22 Catastrophe Property Risk Management California Hawaii Louisiana Washington

FloodFlash Revolutionizes Flood Insurance with Innovative Sensor Technology in the U.S.

FloodFlash, with its unique sensor-based parametric flood insurance, is transforming the flood coverage landscape in the U.S., offering more accurate and reliable policies.
January 31 Property Risk Management Technology Alaska Hawaii

US Auto Insurance Premiums Set for Record Increase in 2024

As U.S. drivers brace for the highest auto insurance rate hike since 2018, with an average increase of 12.6%, financial pressures mount across states.
January 10 Auto Insurance Industry Legislation & Regulation Technology Arizona California Connecticut Florida Georgia

El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners

Exploring the impact of El Nino’s intense rainfall on septic systems and the importance of regular maintenance and insurance understanding.
December 20, 2023 Catastrophe Education & Training Property Risk Management Hawaii Oregon

Adapting to Wildfire Realities: Insurance Sector’s Evolving Role in Risk Management

Wildfires continue to threaten communities, ecosystems, and economies worldwide. With the increased risk and frequency of catastrophic weather events, the continuous need to reassess and update models has challenged insurance professionals.
November 10, 2023 Catastrophe Legislation & Regulation Property Risk Management California Colorado Hawaii Oregon

Hawaiian Electric’s Neglected Right-of-Way Possibly a Key Factor in Maui’s Wildfire

Melted remains of an old car tire. Heavily burned trees. A charred stump of an abandoned utility pole. Investigators are examining these and other pieces of evidence as they seek to solve the mystery of last month’s deadly Maui wildfire...
September 28, 2023 Liability Hawaii

Lawsuits Invoke ’Inherently Dangerous Activity’ in Maui Wildfire Cases

Hawaii courts soon may have to address a novel legal question related to the Maui wildfires: whether allowing invasive grass to grow unheeded on one’s property is the legal equivalent of keeping radioactive waste, dynamite or a dangerous wild animal.
September 26, 2023 Liability Litigation Hawaii

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