Tech Helps Transportation Firms Fight Nuclear Court Verdicts
The commercial transportation industry in North America is "barely keeping up with the loss trends," according to a casualty underwriter at Swiss Re. The market is under "significant pressure" following a 5-10-year period where the frequency and severity of losses shot up and insurance rates lagged behind.
January 14, 2019
Excess & Surplus Lines
Liability
Litigation
Technology
Four Deaths and Nearly 900 Crashes in Missouri Attributed to Snowstorm
The Missouri Department of Transportation has over 200 trucks plowing highways and roads across the state as of Saturday afternoon.
January 14, 2019
Auto
Liability
Missouri
Rupture Leads To Millions In Water Damage Inside La Jolla Home
A La Jolla homeowner is facing millions of dollars in damage to his property after massive amounts of water flooded into his house Tuesday.
January 10, 2019
Liability
Property
Subrogation
California
Sharp Increase In Air Crash Deaths In 2018
The Aviation Safety Network (ASN) released its 2018 accident statistics, marking a notable uptick in fatalities from 2017. ASN recorded a total of 15 fatal commercial airliner accidents (12 passenger and three cargo flights), resulting in 556 fatalities.
January 8, 2019
Excess & Surplus Lines
Liability
Lawsuit Filed Against New Jersey Facility That May Have Exposed Patients To HIV
More potential victims are joining a class-action lawsuit against a New Jersey surgery center that may have exposed more than 3,000 patients to HIV, hepatitis B and hepatitis C.
January 4, 2019
Liability
Litigation
New Jersey
Insurers Sue California Utility Over Wildfire Damages
Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims.
January 4, 2019
Liability
California
Seven Killed In Fiery Crash On I-75 Near Gainesville, Florida
Seven people were killed and at least seven injured in a fiery crash on an interstate highway in northern Florida on Thursday, fire officials said.
January 4, 2019
Auto
Excess & Surplus Lines
Liability
Subrogation
Florida
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



