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Proactive Strategies for Property Loss Control

Proactive Strategies for Property Loss Control

A session at RISKWORLD 2024 highlighted how a proactive, data-driven approach to risk management can create an effective property loss control strategy.
June 19, 2024 Insurance Industry Property Risk Management Technology

Copper Cable Theft Plagues EV Charging Stations

Copper Cable Theft Plagues EV Charging Stations

The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19, 2024 Insurance Industry Property Risk Management Technology Arizona California Colorado Illinois Nevada

Digitization Revolutionizes the Insurance Industry

Digitization Revolutionizes the Insurance Industry

The insurance industry is transforming through digitization, enhancing collaboration, efficiency, and transparency among brokers, carriers, and customers.
June 19, 2024 Insurance Industry Property Risk Management Technology

South Florida Flooded by Historic Rainstorm, Struggles to Adapt to Climate Challenges

South Florida Flooded by Historic Rainstorm, Struggles to Adapt to Climate Challenges

A once-in-200-years rainstorm, Invest 90L, flooded South Florida, highlighting the region’s struggle to adapt to rising sea levels and extreme weather.
June 18, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

Tropical Storm Warning Issued for Southern Texas as First Storm of Hurricane Season Approaches

Tropical Storm Warning Issued for Southern Texas as First Storm of Hurricane Season Approaches

The first tropical storm warning of the season has been issued for southern Texas as a developing storm in the Gulf of Mexico threatens heavy rain, flooding, and strong winds.
June 18, 2024 Catastrophe Legislation & Regulation Property Risk Management Texas

El Paso Woman Files $1 Million Lawsuit Against Mexican Resort Over Husband’s Electrocution

El Paso Woman Files $1 Million Lawsuit Against Mexican Resort Over Husband’s Electrocution

Lizzette Zambrano sues Sonoran Sea Resort for over $1 million after her husband, Jorge Guillen, was electrocuted in a hot tub, leaving her critically injured and claiming his life.
June 17, 2024 Liability Litigation Property Risk Management Arizona Texas

Heavy Rains Aim for Texas and Louisiana as Tropical System Brews in Gulf of Mexico

Heavy Rains Aim for Texas and Louisiana as Tropical System Brews in Gulf of Mexico

AccuWeather hurricane experts are monitoring the southwestern Gulf of Mexico for potential tropical development this week.
June 17, 2024 Catastrophe Property Risk Management Florida Louisiana Texas

Lex Machina Reports Trends in Insurance Litigation for 2024

Lex Machina Reports Trends in Insurance Litigation for 2024

Lex Machina, a LexisNexis company, has released its 2024 Insurance Litigation Report, providing an in-depth analysis of trends in federal district and appellate courts from 2021 to 2023.
June 17, 2024 Insurance Industry Liability Litigation Property Louisiana

Alameda County DA Sues Home Insurance Companies for Underinsuring Homes

Alameda County DA Sues Home Insurance Companies for Underinsuring Homes

The Alameda County District Attorney’s Consumer Justice Bureau has filed a lawsuit against several home insurance carriers in California, including Farmers Insurance Exchange.
June 17, 2024 Fraud Legislation & Regulation Litigation Property California

Preparing Insurance Adjusters for the 2024 Atlantic Hurricane Season

Preparing Insurance Adjusters for the 2024 Atlantic Hurricane Season

As the 2024 Atlantic hurricane season approaches, insurance adjusters are intensifying their training and preparations to ensure they can respond efficiently to catastrophic events.
June 12, 2024 Catastrophe Education & Training Property Risk Management

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights

Swiss Re’s 2024 SONAR report identifies 16 emerging risks, highlighting the compounding effects of natural disasters on critical infrastructure, supply chains, and healthcare systems, stressing the need for increased resilience and investment.
June 12, 2024 Catastrophe Life & Health Property Risk Management California Texas

Preparing for an Active 2024 Hurricane Season

Preparing for an Active 2024 Hurricane Season

The 2024 Atlantic hurricane season is expected to be highly active, with forecasts predicting an increased number of storms and hurricanes. Businesses and residents in vulnerable areas must prioritize preparedness to mitigate potential impacts.
June 11, 2024 Catastrophe Insurance Industry Property Risk Management California Florida

Strategies for Managing Increasing Terrorism Threats

Strategies for Managing Increasing Terrorism Threats

Understanding the growing threat of terrorism and its impact on businesses is crucial for developing comprehensive strategies to ensure stability, resilience, and security in today’s complex global landscape.
June 11, 2024 Insurance Industry Property Risk Management

U.S. Auto Insurance Rebounds in 2024, Homeowners’ Sector Faces Continued Challenges

U.S. Auto Insurance Rebounds in 2024, Homeowners’ Sector Faces Continued Challenges

The U.S. personal insurance sector is set for improved performance in 2024, with the auto segment showing signs of recovery while homeowners’ insurance continues to grapple with volatility from natural catastrophes and rising costs.
June 10, 2024 Auto Insurance Industry Property Risk Management

Nuclear Verdicts Surge in Personal Injury and Wrongful Death Cases: A Decade in Review

Nuclear Verdicts Surge in Personal Injury and Wrongful Death Cases: A Decade in Review

A comprehensive study from the U.S. Chamber of Commerce Institute for Legal Reform highlights the rising trend of nuclear verdicts, their causes, and potential solutions over a ten-year period ending in 2022.
June 10, 2024 Legislation & Regulation Litigation Property Risk Management California Florida Georgia Illinois Missouri
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