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Looking Ahead: The 2019 Risk Landscape

As we enter the final year of this decade, the list of concerns that will keep risk managers up at night continues to grow.
January 3, 2019 Liability Risk Management

Winter Storm Fisher Wreaks Havoc On Roadways Across Southwest And Southern Plains

Freezing rain and snow from Winter Storm Fisher has caused hundreds of accidents in the Southwest and Southern Plains, including a 21-vehicle pileup in Oklahoma and crashes that killed two in New Mexico.
January 3, 2019 Auto Liability New Mexico Oklahoma Texas

50 Killed In DUI Crashes Over New Year’s Weekend In California

Fifty people died in crashes involving drivers under the influence of drugs or alcohol over the extended New Year’s weekend, a jump from 40 deaths reported the same time the previous year, authorities said Wednesday.
January 3, 2019 Auto Liability California

Big Claims Strain Senior Living Market For U.S. Insurers

Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six weeks later. Now Smith’s estate is suing Sunrise, saying that aides did not properly watch her.
January 3, 2019 Liability Litigation

Heavy Fog Contributes To 32-Vehicle Pileup In Austin, Texas

More than 50 people were part of a pileup involving 32 vehicles — two of them semitrucks — just an hour after ringing in the new year in Austin.
January 2, 2019 Auto Liability Subrogation Texas

Hackers Threaten To Dump Insurance Files Related To 9/11 Attacks

On Monday, New Year’s Eve, a hacker group announced it had breached a law firm handling cases related to the September 11 attacks, and threatened to publicly release a large cache of related internal files unless their ransom demands were met.
January 2, 2019 Excess & Surplus Lines Liability

AIR Projects As Much As $600 Million In Losses For Marriott Breach

AIR Worldwide has estimated that the data breach Marriott recently reported resulted in direct cyber incident losses somewhere between $200 million and $600 million.
December 21, 2018 Excess & Surplus Lines Liability

Family Awarded $60 Million In Cosmetic Death Lawsuit

In unanimous fashion, a Cobb County jury awarded the Jenkins family millions of dollars on Tuesday during a civil trial in state court.
December 20, 2018 Liability Litigation Georgia

Spokane Developer Indicted As Participant In $6 Million Staged Accident Ring

Ron Wells, a developer and architect whose decadeslong work in Spokane includes renovations of numerous historic buildings, was indicted Wednesday in federal court for allegedly staging a car crash in an attempt to defraud insurance companies.
December 20, 2018 Auto Fraud Liability Washington

30 To 40 Vehicles Crash On Stretch Of Foggy Texas Interstate

Authorities say 30 to 40 vehicles were involved in a string of wrecks in heavy fog along an approximately 2-mile stretch of Interstate 37 in rural South Texas.
December 20, 2018 Auto Liability Subrogation Texas

Drone Users May Lack Coverage In CGL Policies

A recent California court decision highlights the fact that many policyholders who use drones may be unaware they do not have liability coverage for their use under their commercial general liability policies.
December 19, 2018 Excess & Surplus Lines Liability Risk Management

Building Trust In The Sharing Economy

The sharing economy is a system in which individuals may rent their possessions or time to other individuals, often through an app or website. Although the term first appeared in the mid-2000s, New Economy Advisor April Rinne says that it didn’t become a household word until recently. Still, the sharing economy has caused radical change in a very short time.
December 17, 2018 Auto Liability Property

More Than A Quarter Of California Wildfire Claims Are For Total Losses

Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state insurance commissioner reported on Wednesday.
December 13, 2018 Auto Catastrophe Liability Property California

2018 Insurance Fraud Hall Of Fame

Firefighters die in a burning building. … A mother poisons her infant for life insurance. … A sober home plies addicts with drugs for bogus rehab claims. Welcome to the Insurance Fraud Hall of Shame, home of America’s nine most-brazen insurance scammers of last year.
December 10, 2018 Auto Fraud Liability Life & Health Property

North Carolina Highway Patrol Responds To 500+ Crashes During Snowstorm

North Carolina Gov. Roy Cooper is strongly urging residents to stay off the road as a massive winter storm blankets parts of the Southeast with snow and ice.
December 10, 2018 Auto Liability North Carolina
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