Hail Causes Over Half of Solar PV Weather Claims in North America According to AXIS Capital Report
Hail is the leading driver of solar PV natural catastrophe claims in North America, with AXIS Capital urging better forecasting and resilient system design to reduce losses.
July 12
Catastrophe
Property
Risk Management
Technology
Georgia Countertop Manufacturer Fined for Exposing Workers to Dangerous Silica Dust
OSHA cited Brazilian Stone Design LLC with seven serious violations after determining employees were exposed to unsafe levels of respirable crystalline silica on the job.
July 12
Legislation & Regulation
Property
Risk Management
Workers' Compensation
Georgia
New Report Ranks Safest and Riskiest U.S. Cities for Drivers in 2025
Allstate’s 2025 America’s Best Drivers Report reveals which U.S. cities saw the greatest improvements and setbacks in collision rates based on auto claims data.
July 10
Auto
Property
Risk Management
Technology
Why Coreless Architecture Is the Key to Scalable AI in Insurance
Insurers are adopting coreless architecture to scale AI, enhance digital servicing, and meet regulatory demands without discarding legacy core systems or disrupting operations.
July 10
Insurance Industry
Risk Management
Technology
Underwriting
Insurance Industry Expands AI Use but Faces Challenges in Scaling and Customer Trust
A new report reveals that while most insurers have adopted AI, fragmented deployment, data issues, and a trust gap hinder enterprise-wide scale and customer-facing value.
July 10
Education & Training
Risk Management
Technology
Corporate Sustainability Strategies Gain Traction as Companies Eye Profitable Climate Resilience
Most companies now view sustainability as a value driver, with 88% recognizing profit potential despite high investment costs and climate-related operational challenges.
July 7
Insurance Industry
Property
Risk Management
Technology
Lululemon Sues Costco Over Lookalike Apparel Alleging Consumer Confusion
Lululemon claims Costco’s low-cost apparel mimics its trademarked designs, misleading customers and violating trade dress protections under U.S. trademark law.
July 7
Insurance Industry
Liability
Litigation
Risk Management
California
Louis Vuitton Reports Data Breach Affecting Customer Information
Louis Vuitton Korea disclosed a data breach from unauthorized access to its system, exposing select customer information while assuring no financial data was compromised.
July 7
Insurance Industry
Liability
Risk Management
Technology
How to Manage Property Risk in 2025 with Smarter Valuation and Technology
As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
July 7
Catastrophe
Property
Risk Management
Technology
California
Florida
Flood Forecasting Defended by NWS as Critics Question Impact of Staffing Cuts
After deadly Texas floods, the National Weather Service faces scrutiny over Trump-era staffing cuts, though experts say forecasts were timely and accurate despite leadership gaps.
July 7
Catastrophe
Legislation & Regulation
Risk Management
Technology
Texas
U.S. Cyber Insurance Premiums Experience First-Ever Decline Amid Pricing Adjustments
U.S. cyber insurance premiums declined by 2.3% in 2024, driven by rate reductions even as claims frequency rose, highlighting evolving market risks and pricing trends.
July 2
Insurance Industry
Liability
Risk Management
Technology
How Water Leak Sensors Are Transforming Insurance Economics
Bolt’s successful integration of IoT water sensors with homeowner policies significantly reduces water damage claims, reshaping insurance profitability.
July 2
Property
Risk Management
Technology
Underwriting
Scattered Spider Cyber Threat Targets US Airline and Transport Industries
The FBI issues urgent warnings as the Scattered Spider cybercriminal group pivots its attacks from UK retailers to airlines and transport organizations across the US.
June 30
Education & Training
Liability
Risk Management
Technology
Loss of Military Satellite Data May Affect Hurricane Forecast Accuracy
Critical satellite data used for predicting rapid hurricane intensification will end June 30, potentially complicating forecasts during peak hurricane season.
June 30
Catastrophe
Property
Risk Management
Technology
Italian Executives Receive Lengthy Prison Terms for PFAS Pollution
Executives of a chemical plant in Italy face significant jail sentences after court finds them responsible for extensive PFAS contamination affecting drinking water.
June 30
Legislation & Regulation
Liability
Litigation
Risk Management
