Federal Incentive Cuts in High-Risk Areas Improve Flood Resilience, Study Finds

A recent study highlights how removing federal subsidies from climate-vulnerable areas can reduce development, increase flood resilience, and generate savings, while emphasizing the challenges of balancing housing demand with disaster risk.
October 14, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management California New York Oklahoma

Citi Field Faces Class Action Over Alleged Illegal Use of Facial Recognition Technology

A proposed class action accuses Sterling Mets, L.P., the company behind Citi Field, of illegally collecting and sharing visitors’ biometric data using facial recognition technology, violating New York City’s biometrics law.
October 11, 2024 Legislation & Regulation Liability Litigation Technology New York

Second Umpire Alleges Retaliation in Lawsuit Against MLB

A second minor league umpire claims wrongful termination in a lawsuit against Major League Baseball, alleging retaliation after he reported being sexually assaulted by a female colleague.
October 11, 2024 Insurance Industry Legislation & Regulation Litigation Workers' Compensation Arizona New York

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

NFL Teams Losing Millions in Cap Space by Skipping Insurance on Star Quarterbacks

The Aaron Rodgers injury and Jets’ decision to skip insurance on his contract highlight how NFL teams can lose significant cap space and insurance proceeds when failing to protect high-value players.
September 18, 2024 Insurance Industry Legislation & Regulation Litigation Risk Management California Florida New York Ohio Pennsylvania

Insurers Boost Use of RICO Lawsuits to Combat Staged Personal Injury Claims

Insurers and defense attorneys are increasingly turning to RICO lawsuits to fight fraudulent personal injury claims, with recent cases in Florida and New York highlighting the growing trend of staged accident schemes.
September 11, 2024 Auto Fraud Liability Litigation Florida New York

Innovative Insurance Solutions Are Critical as Severe Weather Intensifies

The surge in severe weather events highlights the urgent need for modern insurance strategies, as homeowners face heightened risks and coverage gaps. Tailored disaster insurance solutions can help protect against growing financial vulnerability.
September 5, 2024 Catastrophe Insurance Industry Property Risk Management California New York

Financial Crisis Looms Over NYC’s Largest Taxi Insurer, American Transit

American Transit Insurance Co., a key insurer for NYC taxis and rideshare vehicles, faces insolvency, risking disruption for tens of thousands of drivers as regulators consider intervention.
September 4, 2024 Auto Legislation & Regulation Litigation Risk Management New York

NYC’s DCWP Secures Over $600,000 for Consumers Exploited by R.G. Ortiz Funeral Homes

The NYC Department of Consumer and Worker Protection (DCWP) has secured over $600,000 in restitution and civil penalties from R.G. Ortiz Funeral Homes for exploiting grieving consumers, particularly in Spanish-speaking communities.
August 28, 2024 Fraud Legislation & Regulation Life & Health Litigation New York

Coney Island Cyclone Closed After Mid-Ride Stop, Repairs Underway

The iconic 97-year-old Coney Island Cyclone roller coaster in Brooklyn, NY, has been closed indefinitely after a mid-ride halt caused by a damaged chain sprocket. No injuries were reported.
August 28, 2024 Liability Property Risk Management New York

Atlantic Hurricane Activity Expected to Surge in September as Conditions Favor Storm Formation

Meteorologists predict an active September in the Atlantic, with up to 10 named storms potentially forming as reduced wind shear and dry air create favorable conditions for hurricane development.
August 28, 2024 Catastrophe Insurance Industry Property Risk Management Florida New York North Carolina Pennsylvania South Carolina

Federal Policy Conflicts Could Raise Flood Insurance Costs, Leave Thousands Unaware of Dam Risks

Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
August 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Arizona California Colorado Georgia Minnesota

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

Managing Challenges in Late-Reported Property Claims

Late-reported property claims pose unique challenges for insurers and adjusters, particularly when determining the cause and policy period of a loss. Thorough investigations and documentation are crucial to mitigate risks of litigation and bad faith claims.
August 15, 2024 Insurance Industry Litigation Property California Florida Louisiana New York Texas

Disney Cites Disney+ Fine Print in Bid to Dismiss Wrongful Death Lawsuit

Disney is attempting to dismiss a wrongful death lawsuit related to a fatal allergic reaction at one of its restaurants, arguing that the plaintiff is bound by an arbitration clause from a Disney+ trial he signed up for years earlier.
August 15, 2024 Insurance Industry Liability Litigation Risk Management Florida New York
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