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Danone Wins Dismissal of U.S. Lawsuit Over ‘Natural’ Label on Evian Spring Water

Danone Wins Dismissal of U.S. Lawsuit Over ‘Natural’ Label on Evian Spring Water

A federal judge dismissed a lawsuit accusing Danone of misleading consumers with Evian’s ‘natural’ label, despite claims that plastic micro-particles seep into the water from its packaging. The ruling cited FDA guidelines that focus on the water’s source, not microplastic content.
November 7, 2024 Insurance Industry Legislation & Regulation Liability Litigation Illinois New York

Momentum Builds for Florida Insurance Law Board Certification

Momentum Builds for Florida Insurance Law Board Certification

Support grows for a new Florida Bar board certification in "Insurance Coverage Law," aiming to help residents find specialized legal help for insurance disputes following major hurricane seasons.
November 7, 2024 Insurance Industry Legislation & Regulation Litigation Property Florida

Washington State Fines Lumber Company $126,000 for Multiple Safety Violations

Washington State Fines Lumber Company $126,000 for Multiple Safety Violations

The Washington Department of Labor & Industries is imposing over $126,000 in fines on Fox Lumber Sales following an inspection that found excessive sawdust buildup, fire hazards, and unprotected machinery. The company, which has experienced two fires since opening, is appealing the fines.
November 7, 2024 Legislation & Regulation Property Risk Management Workers' Compensation Washington

Volkswagen to Recall 114,000 U.S. Vehicles Over Airbag Explosion Hazard

Volkswagen to Recall 114,000 U.S. Vehicles Over Airbag Explosion Hazard

Volkswagen is recalling over 114,000 Beetle and Passat vehicles across the U.S. due to a defect that may cause driver-side airbags to explode. The NHTSA cites long-term exposure to heat and humidity as a risk factor.
November 7, 2024 Auto Legislation & Regulation Liability Risk Management

Florida Communities’ Resilience Investments Prove Effective Against Hurricane Milton

Florida Communities’ Resilience Investments Prove Effective Against Hurricane Milton

As Hurricane Milton hit Florida, resilience-focused communities like Babcock Ranch and Hunters Point emerged unscathed, showcasing how disaster preparedness measures protect homes and reduce long-term costs, even amid costly initial investments.
November 7, 2024 Catastrophe Legislation & Regulation Property Risk Management Alabama California Florida Louisiana Oklahoma

NFIP Introduces Monthly Payment Option for Flood Insurance Policies

NFIP Introduces Monthly Payment Option for Flood Insurance Policies

The National Flood Insurance Program (NFIP) will allow policyholders to pay flood insurance premiums monthly starting December 31, aiming to ease financial pressure on households and broaden access to flood coverage.
November 5, 2024 Insurance Industry Legislation & Regulation Property Risk Management

Spain Sets $11.5 Billion Fund for Flood Relief Amid $20 Billion Loan Exposure

Spain Sets $11.5 Billion Fund for Flood Relief Amid $20 Billion Loan Exposure

Following devastating floods in Valencia, Spain has announced an initial $11.5 billion aid package for affected communities, covering direct aid, credit guarantees, and municipal rebuilding. Officials anticipate further relief measures as cleanup continues.
November 5, 2024 Catastrophe Insurance Industry Legislation & Regulation Property

California’s Firefighting Crisis Highlights Need for Industry Support

California’s Firefighting Crisis Highlights Need for Industry Support

California faces a severe shortage of wildfire firefighters, as low pay, mental strain, and challenging conditions drive workers away. Could the insurance industry help ease the burden on those protecting at-risk properties?
November 5, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management California

Supreme Court Rejects Emergency Challenge to EPA Greenhouse Gas Standards for Power Plants

Supreme Court Rejects Emergency Challenge to EPA Greenhouse Gas Standards for Power Plants

The U.S. Supreme Court recently declined to stay the EPA’s greenhouse gas emissions standards for coal-fired power plants, requiring plants expected to operate beyond 2039 to meet emission targets by 2032 or close by 2039. Legal challenges continue in lower courts.
November 5, 2024 Legislation & Regulation Litigation Risk Management

How Attorney Ads May Drive Up Auto Insurance Rates, Per New Survey

How Attorney Ads May Drive Up Auto Insurance Rates, Per New Survey

A recent IRC survey reveals that attorney advertising may be influencing auto insurance costs, as 60% of respondents link it to higher claims and 52% believe it raises insurance premiums.
October 30, 2024 Auto Insurance Industry Legislation & Regulation Litigation Florida Georgia Louisiana

NFIP Flood Insurance Claims Surge to 54,000 After Hurricane Helene, FEMA Reports

NFIP Flood Insurance Claims Surge to 54,000 After Hurricane Helene, FEMA Reports

Following Hurricane Helene’s landfall in Florida, over 54,000 NFIP flood insurance claims have been filed, with FEMA reporting $480 million in early claims payments. This storm, among the most significant for NFIP, may see more claims as impacted areas become accessible.
October 28, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

Widespread Flooding from Hurricane Helene Spotlights Inland Insurance Gaps

Widespread Flooding from Hurricane Helene Spotlights Inland Insurance Gaps

The devastation from Hurricane Helene reveals a significant inland flood-protection gap, particularly in flood-prone communities without sufficient insurance coverage, where misinformation and funding challenges further slow recovery efforts.
October 28, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management Florida Georgia Kentucky New Jersey New York

Fraud Costs for SNAP Agencies Soar, Driven by EBT Skimming and System Complexities

Fraud Costs for SNAP Agencies Soar, Driven by EBT Skimming and System Complexities

The latest LexisNexis "True Cost of Fraud" Study highlights increasing fraud costs in SNAP programs, emphasizing the impacts of EBT skimming, integrated eligibility systems, and operational delays on both staff and beneficiaries.
October 23, 2024 Fraud Legislation & Regulation Risk Management Technology

Essential Insurance Tips for First-Time Homebuyers

Essential Insurance Tips for First-Time Homebuyers

First-time homebuyers face numerous challenges, from navigating flood insurance to understanding builder’s risk coverage. Knowing the right insurance options is crucial for managing financial and property risks.
October 23, 2024 Insurance Industry Legislation & Regulation Property Risk Management

FAA Finalizes Training and Certification Rules for Air Taxi Pilots, Paving the Way for Urban eVTOL Flights

FAA Finalizes Training and Certification Rules for Air Taxi Pilots, Paving the Way for Urban eVTOL Flights

The FAA’s new pilot certification and training rules for air taxis mark a major step toward the deployment of electric vertical takeoff and landing (eVTOL) aircraft, with companies eyeing 2025 for passenger services.
October 23, 2024 Legislation & Regulation Risk Management Technology California New York
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