
Oklahoma Employer Ordered to Pay $72,000 for Misclassifying Retail Workers and Denying Overtime
An Oklahoma employer must pay $72,000 in back wages and damages after misusing an agricultural exemption to avoid paying overtime to 20 retail employees across multiple locations.
December 3, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Missouri
Oklahoma
Texas

US Faces Mounting Losses from November Storms as Extreme Weather Intensifies
Early November storms, including tornadoes, flooding, and wildfires, caused extensive damage across multiple states, leaving insurers facing substantial losses and highlighting the rising frequency of severe weather events across the US.
November 11, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
California
Missouri
Oklahoma

Florida Communities’ Resilience Investments Prove Effective Against Hurricane Milton
As Hurricane Milton hit Florida, resilience-focused communities like Babcock Ranch and Hunters Point emerged unscathed, showcasing how disaster preparedness measures protect homes and reduce long-term costs, even amid costly initial investments.
November 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
California
Florida
Louisiana
Oklahoma

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

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

Nebraska Couple Charged with Defrauding Geico in $80,000 Camper Insurance Scheme
A Nebraska couple faces felony charges for allegedly defrauding Geico out of nearly $80,000 by filing a false insurance claim on a stolen camper that was later found in Oklahoma.
September 5, 2024
Fraud
Insurance Industry
Litigation
Property
Nebraska
Oklahoma

Wildfire Risk Intensifies in 2024: Over 2.6 Million Homes at High Risk in the Western U.S.
As of mid-2024, wildfires have ravaged millions of acres in the U.S., with over 2.6 million homes at moderate or greater risk, emphasizing the crucial role of insurance and risk management in protecting communities.
August 13, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Arizona
California
Colorado
Hawaii
Idaho

Oil and Gas Activity Likely Caused West Texas Earthquakes
Recent damaging earthquakes in West Texas are likely caused by oil and gas activity, according to the USGS.
July 31, 2024
Catastrophe
Legislation & Regulation
Litigation
Risk Management
New Mexico
Oklahoma
Texas

Homeowners Face 21% Insurance Premium Increase, Climate Change Cited as Major Factor
Homeowners insurance premiums surged by 21% from May 2022 to May 2023, largely due to severe weather events driven by climate change, leaving many homeowners with limited options.
July 29, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Colorado
Florida
Idaho
Louisiana

Gallagher Re’s Mid-Year Natural Catastrophe and Climate Report Highlights 2024’s Severe Convective Storm Impact
The first half of 2024 saw substantial global insured losses, with US severe convective storms accounting for 61% of the $61 billion total, highlighting the period as the costliest on record.
July 24, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Colorado
Iowa
Oklahoma
Texas

Adjusters Reveal Their Wildest Claims: From Zoo Giraffes to Ancient Burial Grounds
From a dead giraffe in a zoo to discovering an ancient burial ground, insurance adjusters share their most bizarre and unexpected claims in a fascinating Reddit thread. These stories range from the humorous to the eerie, offering a unique glimpse into the unpredictable world of insurance.
July 16, 2024
Fraud
Litigation
Property
Weird
Florida
Missouri
Oklahoma

Texas Hit by Severe Storms, Leaving Over 750,000 Without Power
Powerful storms swept through Texas on Tuesday, causing over 750,000 power outages and significant damage, especially in the Dallas-Fort Worth area, with further severe weather expected throughout the day.
May 28, 2024
Catastrophe
Property
Risk Management
Technology
Florida
Louisiana
Oklahoma
Texas

Extensive Tornado Damage Reported in Nebraska, Iowa, and Oklahoma
Recent tornadoes in Nebraska, Iowa, and Oklahoma have caused significant damage, impacting over 7,000 properties and leading to extensive recovery efforts.
May 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Iowa
Nebraska
Oklahoma

Aon Report Details a Notable Decline in Q1 2024 Catastrophic Losses Compared to Previous Year
According to Aon’s latest catastrophe report, the first quarter of 2024 saw lower economic and insured losses compared to last year.
May 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Oklahoma
Texas

Tornado Outbreak Stretches Across Central U.S., Driven by Unusual Weather Patterns
A series of tornadoes, influenced by El Niño’s decay, wreaked havoc across the central United States from Oklahoma to Nebraska, highlighting changing patterns in tornado occurrences.
April 29, 2024
Catastrophe
Risk Management
Technology
Iowa
Nebraska
Oklahoma



