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Nevada Supreme Court Extends Law of the Case Doctrine to District Courts

Nevada Supreme Court Extends Law of the Case Doctrine to District Courts

In a significant shift, the Nevada Supreme Court has applied the law of the case doctrine to district courts, potentially complicating matters for clients approaching trial as rulings may become harder to overturn.
October 7, 2024 Legislation & Regulation Liability Litigation Risk Management Nevada

FEMA Faces Funding Shortage as Hurricane Helene Devastates the Southeast

FEMA Faces Funding Shortage as Hurricane Helene Devastates the Southeast

FEMA is running low on disaster relief funds as it responds to Hurricane Helene, which caused severe damage across several Southeastern states. Congress may need to pass additional funding to sustain relief efforts.
October 4, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Louisiana North Carolina South Carolina

Dockworkers Reach Tentative Deal, Strike Suspended Until January

Dockworkers Reach Tentative Deal, Strike Suspended Until January

U.S. dockworkers have suspended their strike after reaching a tentative agreement with terminal operators, securing a wage increase and agreeing to continue negotiations in January.
October 4, 2024 Legislation & Regulation Litigation Risk Management Alabama Florida Georgia Louisiana Maryland

Antarctic Sea Ice Reaches Second Lowest Maximum Extent on Record in 2024

Antarctic Sea Ice Reaches Second Lowest Maximum Extent on Record in 2024

In 2024, Antarctic sea ice reached its second lowest maximum extent in recorded history at 17.16 million square kilometers, just above the 2023 record low, highlighting ongoing concerns about sea ice trends.
October 4, 2024 Catastrophe Legislation & Regulation Risk Management Technology

Solar Energy Growth Sparks Surge in Construction Claims

Solar Energy Growth Sparks Surge in Construction Claims

The rapid growth of solar energy is driving an increase in construction-defect claims, as industry experts highlight risks such as fire, environmental concerns, and insurance coverage issues.
October 4, 2024 Insurance Industry Legislation & Regulation Property Risk Management Arizona California Colorado Florida Texas

Hurricane Helene Signals Emerging Inland Threat as Storms Retain Strength

Hurricane Helene Signals Emerging Inland Threat as Storms Retain Strength

Hurricane Helene’s unprecedented inland devastation highlights the growing danger of the "brown-ocean effect," a phenomenon that may allow future hurricanes to retain strength as they move further inland.
October 1, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia North Carolina

Helene Hits Florida as Category 4 Hurricane, Unveils Critical Flood Insurance Gap

Helene Hits Florida as Category 4 Hurricane, Unveils Critical Flood Insurance Gap

Hurricane Helene’s catastrophic flooding from Florida to North Carolina exposes the serious lack of flood insurance coverage among homeowners, especially in inland areas, highlighting the increasing risks from extreme weather events.
September 30, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Kentucky North Carolina South Carolina

Hurricane Helene’s Impact Pressures Florida’s Struggling Insurance Market

Hurricane Helene’s Impact Pressures Florida’s Struggling Insurance Market

Hurricane Helene’s destructive force on Florida’s properties highlights the fragility of the state’s insurance market, with rising premiums, reinsurance challenges, and climate change amplifying risks.
September 30, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

Navigating the Complexities of Alcohol and Marijuana in Life Insurance Claims

Navigating the Complexities of Alcohol and Marijuana in Life Insurance Claims

Alcohol and marijuana present unique challenges in life and AD&D claims. While alcohol regulations are uniform, marijuana’s state-by-state legality and unpredictable effects complicate claim decisions and risk management.
September 30, 2024 Legislation & Regulation Liability Life & Health Risk Management

Hurricane Helene Set to Hit Florida Tonight with Life-Threatening Storm Surge and 40 Million Under Warnings

Hurricane Helene Set to Hit Florida Tonight with Life-Threatening Storm Surge and 40 Million Under Warnings

Hurricane Helene, a rapidly intensifying Category 2 storm, is expected to make landfall as a Category 4 hurricane in Florida, bringing 15-20 foot storm surges and affecting millions across the Gulf Coast.
September 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Alabama Florida Georgia

Florida’s Insurance Market Faces Uncertainty as Hurricane Helene Approaches

Florida’s Insurance Market Faces Uncertainty as Hurricane Helene Approaches

As Hurricane Helene threatens Florida’s Gulf Coast, concerns rise over the stability of the state’s recovering insurance market. Despite progress, losses could still reach billions.
September 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

California Wildfire Season Intensifies Without Key Factor, Raising Concerns for the Coming Months

California Wildfire Season Intensifies Without Key Factor, Raising Concerns for the Coming Months

California has faced a severe wildfire season fueled by heat and dried-out vegetation, even without the seasonal winds that typically escalate fire risks. Experts warn that conditions could worsen as fall progresses.
September 24, 2024 Catastrophe Legislation & Regulation Property Risk Management California

Actuarial Studies Tackle Bias, AI, and Modeling in Insurance Pricing

Actuarial Studies Tackle Bias, AI, and Modeling in Insurance Pricing

The Casualty Actuarial Society has released four new reports that explore bias in insurance pricing models, AI usage, and regulatory concerns, aiming to guide actuaries toward fairness and compliance.
September 24, 2024 Auto Legislation & Regulation Risk Management Technology

California Firefighter Arrested for Allegedly Starting Five Brush Fires in Northern California

California Firefighter Arrested for Allegedly Starting Five Brush Fires in Northern California

A firefighter in Northern California has been arrested for allegedly starting five brush fires while off duty, raising concerns about internal misconduct within fire agencies.
September 23, 2024 Catastrophe Legislation & Regulation Litigation Property California

New Jersey Supreme Court Expands Duty of Care for Sidewalks Next to Vacant Commercial Properties

New Jersey Supreme Court Expands Duty of Care for Sidewalks Next to Vacant Commercial Properties

The New Jersey Supreme Court ruled that commercial landowners, including those with vacant properties, must maintain public sidewalks abutting their properties in safe condition, aligning with broader public policy principles.
September 23, 2024 Legislation & Regulation Liability Litigation Property New Jersey
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