Tort Costs Rising Faster Than Inflation and GDP, Study Finds
A new study from the Institute for Legal Reform reveals that U.S. tort costs have risen at an annual rate of 7.1% from 2016 to 2022, exceeding both inflation and GDP growth.
February 6
Insurance Industry
Legislation & Regulation
Liability
Litigation
Alaska
California
Delaware
Florida
Louisiana
North Dakota Grants Key Approval for Midwest CO2 Pipeline Storage
North Dakota regulators approved permits for underground carbon dioxide storage, a critical step for Summit Carbon Solutions’ Midwest pipeline project, despite ongoing opposition.
December 19, 2024
Legislation & Regulation
Property
Risk Management
Technology
Iowa
Minnesota
Nebraska
North Dakota
South Dakota
Mild Winter Causes $8 Billion in Economic Losses in Northern Plains and Upper Midwest
The unusually warm winter in the northern Plains and Upper Midwest led to significant economic losses totaling $8 billion, impacting outdoor activities and businesses.
April 18, 2024
Iowa
Michigan
Minnesota
North Dakota
Wisconsin
Insights from a Coverage Lawyer: Unpacking the Intricacies of Insurance Law
Beth A. Jenson Prouty, a seasoned coverage lawyer, shares her journey and insights into the specialized, puzzle-like world of insurance coverage law.
November 21, 2023
Education & Training
Legislation & Regulation
Liability
Litigation
Minnesota
North Dakota
Wisconsin
The Midwest: Potential Hotspot for Deadly ‘Moist Heat Stress’
Large parts of the world, including China and the Midwest US, are on track to become too hot for humans to handle as accelerating global temperatures expose billions to heat and humidity so extreme their bodies will no longer be able to cope, according to a new study.
October 12, 2023
Catastrophe
Education & Training
Risk Management
Illinois
Indiana
Iowa
Kansas
Missouri
It’s Not an "Insurance Crisis" -- It’s a Risk Crisis
Ten states -- Louisiana, Florida, Idaho, Kentucky, Mississippi, Montana, North Dakota, South Carolina, Texas, and Virginia -- as well as additional plaintiffs, are suing the Federal Emergency Management Agency (FEMA) over its new methodology for pricing flood insurance, Risk Rating 2.0.
September 21, 2023
Legislation & Regulation
Property
Florida
Idaho
Kentucky
Louisiana
Mississippi
States Urge Judge to Reject Dismissal Motion in Flood Insurance Lawsuit
Florida and other states are trying to fend off an attempt by the Biden administration to end a lawsuit challenging changes to the National Flood Insurance Program that have led to higher premiums for many property owners.
September 8, 2023
Legislation & Regulation
Litigation
Florida
Idaho
Kentucky
Louisiana
Mississippi
Dollar General Stores Cited Again for Safety Failures: $3.4M in Proposed Fines
In recent inspections conducted by the U.S. Department of Labor, unsafe working conditions were once again discovered at Dollar General and Dolgencorp discount stores across multiple states.
June 5, 2023
Workers' Compensation
Maine
North Dakota
Ohio
Wisconsin
10 States Sue FEMA Over Higher Flood Insurance Rates
Ten states and dozens of municipalities are suing the Biden administration over rate hikes in the National Flood Insurance Program. That program offers coverage in high-risk flood areas and is administered by FEMA, the Federal Emergency Management Agency.
June 2, 2023
Legislation & Regulation
Litigation
Property
Florida
Idaho
Kentucky
Louisiana
Mississippi
7 Accused Of Running Car Insurance Fraud Ring In Fargo
Seven people face criminal charges in Fargo for allegedly running a car insurance fraud ring where they crashed into each other’s vehicles and collected insurance money for profit.
April 26, 2021
Auto
Fraud
Liability
North Dakota
Toyota’s Fuel Pump Recall Now Covers Nearly 6M Vehicles Worldwide
Toyota expanded a worldwide fuel pump recall to a total of 5.84 million vehicles for a defect that could cause the part to fail. In the United States, the total number of vehicles involved in this safety recall is now approximately 3.34 million vehicles.
October 30, 2020
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
Multiple Industries To Be Affected By Nationwide Availability Of Flood Risk Scores
As Hurricane Laura bears down on the Gulf Coast, residents are preparing for what could be a historic storm surge.
August 26, 2020
Property
Alabama
Alaska
Arizona
Arkansas
California
Recall Alert: Bagged Salad Recall Expanded To Include Walmart Products Amid Cyclospora Outbreak
A recall of bagged salads believed to be linked to an intestinal parasite outbreak across multiple states has been expanded to include products sold at some Walmart locations.
June 30, 2020
Life & Health
Subrogation
Iowa
Michigan
Minnesota
Nebraska
North Dakota
15 Million U.S. Homes Are At Risk Of Flooding — 70% Higher Than FEMA Estimates
Think the risk of your home filling up with floodwater, magnified these days by climate change, is only an issue near the coasts and rivers? New research detailing nearly every corner of the U.S. shows otherwise.
June 29, 2020
Property
Alabama
Alaska
Arizona
Arkansas
California
Toyota Recalls 1.8 Million U.S. Vehicles For Fuel Pump Issue
Toyota Motor Corp (7203.T) said Wednesday it is now recalling 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling.
March 11, 2020
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
