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El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners

El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners

Exploring the impact of El Nino’s intense rainfall on septic systems and the importance of regular maintenance and insurance understanding.
December 20, 2023 Catastrophe Education & Training Property Risk Management Hawaii Oregon

State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges

State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges

State Farm’s homeowners loss ratio hits a 20-year high, driven by severe weather events, prompting significant rate hikes and premium growth.
December 20, 2023 Catastrophe Property Risk Management Underwriting

Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports

Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports

Prestige Underwriting’s report, in collaboration with Aon’s Finaccord, forecasts significant growth in the non-standard insurance market by 2030, driven by unique property types and evolving motor vehicle trends.
December 19, 2023 Auto Insurance Industry Property Risk Management

2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins

2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins

In 2023, hurricanes Lee, Jova, and Otis set records for rapid intensification, reflecting an active global tropical season with significant impacts on insurance and risk management.
December 19, 2023 Catastrophe Insurance Industry Property Risk Management

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future

Exploring Lemonade’s insurtech strategies and State Farm’s smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023 Education & Training Insurance Industry Property Technology

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia’s devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023 Catastrophe Property Risk Management Technology Florida Georgia North Carolina South Carolina

New Studies Highlight Hurricane Impact on Renters: Rising Rents, Evictions, and Housing Crisis

New Studies Highlight Hurricane Impact on Renters: Rising Rents, Evictions, and Housing Crisis

Recent research reveals the severe consequences of hurricanes on renters along the East and Gulf coasts, including increased rents, eviction risks, and the deepening affordable housing crisis.
December 15, 2023 Catastrophe Legislation & Regulation Property Risk Management

Kentucky Residents File Lawsuit Against CSX Over Thanksgiving Train Derailment and Chemical Spill

Kentucky Residents File Lawsuit Against CSX Over Thanksgiving Train Derailment and Chemical Spill

A class action lawsuit targets CSX for alleged negligence in a train derailment that caused a hazardous sulfur spill in eastern Kentucky, raising health and environmental concerns.
December 15, 2023 Catastrophe Legislation & Regulation Liability Property Kentucky

Florida Adjusters Allege Insurance Companies Altered Damage Estimates, Demand Investigation

Florida Adjusters Allege Insurance Companies Altered Damage Estimates, Demand Investigation

Independent claims adjusters in Florida allege several insurance companies have misleadingly altered wind damage estimates, sparking calls for an investigation into potential fraud.
December 14, 2023 Fraud Insurance Industry Legislation & Regulation Property Florida

Florida Legislators Propose Condo Roof Insurance Reform to Curb Rising Premiums

Florida Legislators Propose Condo Roof Insurance Reform to Curb Rising Premiums

Florida Representatives Hillary Cassel and Ana Maria Rodriguez introduce a bipartisan bill to pilot actual cash value coverage for condo roofs with Citizens Property Insurance Corp.
December 12, 2023 Insurance Industry Legislation & Regulation Property Risk Management Florida

Florida Crackdown on Roof Insurance Fraud Leads to Multiple Arrests

Florida Crackdown on Roof Insurance Fraud Leads to Multiple Arrests

Florida authorities arrest individuals in a major roof insurance fraud scheme, highlighting the ongoing challenges in the industry.
December 4, 2023 Fraud Legislation & Regulation Property Florida

Illinois Supreme Court Ruling Reshapes CGL Coverage for Construction Defects

Illinois Supreme Court Ruling Reshapes CGL Coverage for Construction Defects

In a landmark decision, the Illinois Supreme Court overturns years of precedent, ruling that damage from construction defects may be covered under commercial general liability policies.
December 4, 2023 Legislation & Regulation Litigation Property Risk Management Colorado Florida Illinois Texas

DuPont and Affiliates Settle Ohio Lawsuit for $110 Million Over Toxic Chemical Releases

DuPont and Affiliates Settle Ohio Lawsuit for $110 Million Over Toxic Chemical Releases

DuPont, Chemours, and Corteva agree to pay $110 million to Ohio for environmental damage from PFAS chemicals used in a West Virginia facility, marking a significant legal resolution.
December 1, 2023 Catastrophe Legislation & Regulation Litigation Property Delaware Ohio West Virginia

Scrutiny on Florida’s Citizens Property Insurance Amid Climate Change Concerns

Scrutiny on Florida’s Citizens Property Insurance Amid Climate Change Concerns

U.S. Senate Budget Committee investigates Florida’s Citizens Property Insurance Corp’s preparedness for underwriting losses due to extreme weather, highlighting the challenges of climate change on insurance.
December 1, 2023 Catastrophe Legislation & Regulation Property Risk Management

Why to Use Alternative Dispute Resolution

Why to Use Alternative Dispute Resolution

ADR offers a new route for injured workers to receive care from reputable doctors and caregivers in an efficient, cost-effective way.
December 1, 2023 Property Risk Management Technology Workers' Compensation
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