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 Years Weekend In California
Fifty people died in crashes involving drivers under the influence of drugs or alcohol over the extended New Years 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 Smiths 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 Years 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 didnt 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 Americas 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



