
West Virginia Supreme Court Rules for Continuous Trigger in Long-Tail Illness Claims Against Insurers
West Virginia Supreme Court's ruling mandates insurers to cover long-tail illness claims, emphasizing the continuous trigger theory for policies expired years prior.
November 15, 2023
Legislation & Regulation
Liability
Litigation
Risk Management
West Virginia

SpaceX’s Workplace Safety Under Scrutiny Amid Rising Injuries and Regulatory Lapses
SpaceX's rapid growth and technological advancements are overshadowed by rising worker injuries and weak regulatory responses, highlighting major safety concerns.
November 14, 2023
Legislation & Regulation
Liability
Risk Management
Workers' Compensation
California
Florida
Texas
Washington

Canopius Group Expands Cannabis Insurance Products to Include Transportation Coverage
Canopius Group broadens its cannabis insurance offerings to include coverage for the transportation of cannabis-related products, aligning with legal frameworks.
November 14, 2023
Legislation & Regulation
Liability
Risk Management

Homeowners Insurance Affordability Study Reveals Significant Variations Across States
A recent study by the Insurance Research Council reveals stark differences in homeowners insurance affordability across the United States.
November 14, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
New Hampshire

GE Aerospace Settles for $9.4 Million Over Inspection Lapses in Military Equipment
GE Aerospace settles with the federal government for $9.4 million over claims of inadequate inspections and nonconforming parts in military equipment.
November 13, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Massachusetts
Ohio

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

Cruise Automation Hits a Bump: 950 Driverless Cars Recalled After Accident
Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and will likely issue more recalls.
November 9, 2023
Auto
Catastrophe
Legislation & Regulation
Technology
Arizona
Florida
Texas

North America Braces for Potential Power Outages Amid Infrastructure Woes
The North American Electric Reliability Corp (NERC) has issued a warning that over two-thirds of the U.S., collectively housing about 180 million people, are at risk.
November 9, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management

Rising Costs Prompt Homebuyers to Opt for Bare-Minimum Insurance Coverage
Homeowners are increasingly opting for the minimum required insurance coverage to mitigate rising living expenses.
November 8, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management

EU Presses TikTok for Greater Measures Against Misinformation Spread
The European Union's digital chief has commended TikTok for its recent initiatives to safeguard users but underscores the need for continued vigilance against the spread of illegal content and misinformation.
November 8, 2023
Fraud
Legislation & Regulation
Risk Management
Technology

Nevada Confronts Soaring Auto Insurance Costs in Public Webinar
The Nevada Division of Insurance recently held a live webinar to provide the public with an opportunity to discuss the rising cost of auto insurance in the state.
November 8, 2023
Auto
Legislation & Regulation
Liability
Risk Management
Nevada

Rethinking Road Rules: U.S. Cities Contemplate ’Right on Red’ Prohibition to Safeguard Pedestrians
A dramatic rise in accidents killing or injuring pedestrians and bicyclists has led to a myriad of policy and infrastructure changes.
November 7, 2023
Auto
Legislation & Regulation
Liability
Risk Management
California
District Of Columbia
Illinois
Michigan
Washington

Nebraska Slaps Bright Health with $1M Fine for Claims Mishandling and Newborn Care Denials
Nebraska insurance regulators reported thousands of problems with claims processing, including improper denials and late payments to medical providers.
November 6, 2023
Insurance Industry
Legislation & Regulation
Life & Health
Nebraska

Blue Cross Blue Shield of Illinois Hit with Fines for Network Information Violations
The state has fined Blue Cross Blue Shield of Illinois more than $200,000 over claims the insurance provider failed to provide updated and complete information about providers in its network.
November 6, 2023
Insurance Industry
Legislation & Regulation
Life & Health
Illinois

Rising Reconstruction Costs and Climate Change Fuel Record High Natural Catastrophe Losses
It is over a decade since Verisk started producing its 'Global Modeled Catastrophe Losses Report', which, in 2023, projected a record high global modelled insured average annual loss from natural catastrophes.
November 2, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management



