Insurance Providers Drive Sustainability with Green Home Discounts and Coverage
Promoting sustainable living through insurance discounts and coverage for eco-friendly homes and technologies.
April 16, 2024
Insurance Industry
Property
Risk Management
Technology
Unprecedented Floods of 2023 Highlight Rising Economic and Insurability Challenges in the U.S.
In 2023, the U.S. experienced several catastrophic floods, revealing critical gaps in current flood risk assessments and the growing impact of climate change.
April 16, 2024
Property
Risk Management
Technology
California
Florida
Homeowners Insurance Costs Skyrocket Unnoticed by Official Inflation Figures
Homeowners insurance rates have surged by 50% since 2019, exacerbating the financial burden on homeowners, yet this rise is missing from CPI calculations.
April 15, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Veteran Insurance Adjusters Express Concern Over Industry Practices and Integrity Issues
Seasoned insurance adjusters and industry professionals raise alarms about declining integrity and growing dissatisfaction within the insurance sector.
April 12, 2024
Fraud
Insurance Industry
Property
Technology
Georgia
Veteran Ferrari Mechanic Arrested on Multiple Charges Including Theft and Fraud
Donnie Callaway, a well-known mechanic specializing in vintage Ferraris, has been arrested in Arizona on charges of theft and fraud following a sting operation by a collector.
April 11, 2024
Auto
Fraud
Litigation
Property
Arizona
California
Kansas City Chiefs Superfan Ordered to Pay $10.8 Million for Bank Robbery Trauma
A judge has mandated that a Chiefs superfan, who committed multiple bank robberies, pay over $10 million for the distress caused during a 2022 robbery.
April 11, 2024
Fraud
Liability
Litigation
Property
Kansas
Oklahoma
Florida Peninsula Insurance Announces Rate Decrease Amid Legislative Reforms
In the wake of legislative changes, Florida Peninsula Insurance has announced a 2% reduction in premiums for homeowners and condo policies starting in July.
April 11, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
Oklahoma Cracks Down on Unauthorized Home Warranty Sales
The Oklahoma Insurance Department has issued a cease-and-desist order to First Premier Home Warranty Corp. for selling unauthorized home warranties in the state.
April 9, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
Oklahoma
Surging Dog-Related Injury Claims Highlight the Need for Owner Education and Pet Training
Dog-related injury claims have surged to $1.12 billion in 2023, underscoring the importance of pet education and training to curb this rising trend.
April 9, 2024
Education & Training
Insurance Industry
Liability
Property
California
Florida
Texas
Maryland Insurance Professional Sentenced for Major Theft from Title Company
A former insurance producer in Maryland pleads guilty to a significant theft scheme, resulting in a year of incarceration and restitution orders.
April 8, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
District Of Columbia
Maryland
Virginia
CSU Predicts Record-Breaking Atlantic Hurricane Season for 2024
Colorado State University’s researchers forecast a significantly active 2024 Atlantic hurricane season, citing unusually warm ocean temperatures and potential La Niña conditions.
April 8, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Middle-Market Companies Grapple with Inflation and Insurance Adjustments
Chubb’s recent research highlights inflation as the main hurdle for middle-market companies, with many considering increased insurance coverage in response.
April 8, 2024
Insurance Industry
Property
Risk Management
Technology
Insurers and Consumers Face Growing Legal Costs Amid Social Inflation
Innovative legal tactics and social inflation are driving up insurance premiums and contributing to a hidden ’tort tax’ for American households.
April 5, 2024
Auto
Insurance Industry
Legislation & Regulation
Property
California
Florida
Indiana
Kentucky
Louisiana
Damaging Storms Sweep Across the Heartland, Leaving Destruction and Power Outages
The latest storms bring a wave of destruction through the heartland, with the Ohio Valley suffering severe damage, power outages, and injuries.
April 5, 2024
Catastrophe
Property
Risk Management
Alabama
Georgia
Illinois
Indiana
Kentucky
Orlando’s Lake Ivanhoe Faces Environmental Hazard After Mineral Oil Spill
Orlando issues a lake alert for Lake Ivanhoe following a mineral oil spill, advising the public to avoid water contact activities.
April 4, 2024
Property
Risk Management
Technology
Florida
