Extreme heat is pushing electricity demand higher across the Midwest and Mid-Atlantic, prompting emergency measures as PJM and MISO work to maintain power supplies and avoid outages.
The Supreme Court ruled that FAAAA preemption does not bar a state-law negligent hiring claim against a freight broker. Claims investigations may now put more scrutiny on carrier selection, safety records and broker documentation.
Organized thieves carried out 75,000 thefts from U.S. freight rail networks in 2025, pushing railroads to invest millions in AI cameras, drones, fencing and law enforcement partnerships.
Tornado and severe thunderstorm activity is shifting toward more populated areas in the eastern U.S., where higher property exposure and reconstruction costs are increasing insurance claim severity even as national tornado volume declines.
Beginning January 1, 2027, most Illinois motorboats over 50 horsepower or at least 21 feet long must carry liability insurance. The new law introduces fines for uninsured operators and could reduce the number of uninsured boating claims.
State Farm says Illinois homeowners filed 50,000 severe weather claims through mid-June as tornadoes and hail continue driving losses. The new data adds context to the insurer’s ongoing dispute with Illinois regulators over homeowners insurance rates.
Illinois has recorded 140 tornadoes in 2026, prompting the National Insurance Crime Bureau to warn residents about contractor fraud schemes that often emerge after major disasters. The alert comes as severe convective storm losses continue to generate tens of billions in insured claims annually.
Gallagher’s 2026 survey finds business owners increasingly integrating risk management into operations as concerns grow over AI, cyber threats, supply chain disruptions, and severe weather exposures.
State regulators are accelerating enforcement on AI use in insurance, exposing carriers to fines and legal risk when decision models lack transparency.
An Illinois federal judge ruled that reasonable consumers are not misled by the term ‘boneless wings,’ tossing a proposed class action but allowing the plaintiff time to amend the complaint.
A Bloomberg editorial urges policymakers to focus on resilience, legal reform, and mitigation rather than capping rates or penalizing insurers as premiums climb nationwide.
New claims data shows freeze-related water losses remain a major severity driver, with average payments exceeding $30,000 and repairs stretching for months.
