Cyberattack on American Water Highlights Urgency of Infrastructure Security
A cyberattack on American Water, the largest U.S. regulated water utility, has paused billing services and renewed concerns over the security of critical infrastructure.
October 11, 2024
Legislation & Regulation
Property
Risk Management
Technology
New Jersey
Flood Insurance Program Struggles with Rising Repeat Payouts
As flood risk intensifies, the National Flood Insurance Program is issuing more repeat payouts, with severe repetitive loss properties surging across the U.S., especially in coastal areas vulnerable to storms.
October 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Louisiana
New Jersey
North Carolina
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
Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts
Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.
September 30, 2024
Liability
Property
Risk Management
Workers' Compensation
California
Florida
Michigan
Mississippi
New Jersey
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
Lawmakers Push for UI Fraud Prevention While Improving Equity and Access
In response to pandemic-era unemployment fraud, lawmakers propose solutions to improve fraud prevention and equity in UI systems, leveraging technology and data-sharing practices.
September 18, 2024
Fraud
Insurance Industry
Legislation & Regulation
Technology
Alabama
Kentucky
New Jersey
Vermont
Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs
The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024
Fraud
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Illinois
Minnesota
Strangest Claims and Encounters Shared by Insurance Adjusters
Adjusters share bizarre and unsettling stories from the field, ranging from surreal encounters to harrowing situations that shed light on the unpredictable nature of their work.
August 29, 2024
Catastrophe
Fraud
Liability
Weird
Nevada
New Jersey
New Mexico
Pets Overcoming Unusual Mishaps Compete for Nationwide’s 2024 Hambone Award
Nationwide’s 16th annual Hambone Award highlights bizarre pet incidents like a puzzle-eating pup and a toenail-tangled parrot, with voting open through August 22, 2024, to determine the most unusual pet insurance claim.
August 21, 2024
Education & Training
Insurance Industry
Risk Management
Weird
Florida
Massachusetts
New Jersey
North Carolina
Oregon
Understanding the Causes Behind Connecticut’s Devastating Flash Flooding
The unexpected flash flooding in Connecticut resulted from a weather phenomenon known as training, where storm cells repeatedly formed over the same area.
August 21, 2024
Catastrophe
Property
Risk Management
Connecticut
New Jersey
New York
Pennsylvania
Risk Management Strategies Crucial for PFAS-Related Litigation
With the potential for boundless litigation involving PFAS chemicals, companies must prioritize risk management strategies to identify, assess, and mitigate exposure before costly legal battles arise.
August 15, 2024
Catastrophe
Litigation
Property
Risk Management
New Jersey
NOAA Proposes $575 Million for Coastal Climate Resilience
NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.
July 31, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alaska
California
Delaware
Hawaii
Louisiana
Emerging Challenges in US Workers’ Compensation Market: Swiss Re Analysis
After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
July 23, 2024
Insurance Industry
Risk Management
Underwriting
Workers' Compensation
California
New Jersey
New York
Two Russian Nationals Plead Guilty in LockBit Ransomware Case
Ruslan Astamirov and Mikhail Vasiliev admitted their roles in deploying the LockBit ransomware, leading to over 2,500 attacks and $500 million in ransom payments, marking a significant step in combating the notorious hacking group.
July 22, 2024
Fraud
Litigation
Technology
Arizona
Florida
New Jersey
Virginia
July 4th Fireworks Ignite Wildfire in New Jersey, Burning 4,000 Acres in Wharton State Forest
A wildfire caused by July 4 fireworks has burned 4,000 acres in New Jersey’s Wharton State Forest, with containment now at 75%.
July 8, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
New Jersey
