Million-Dollar Health Claims Spike as Employers Struggle with Soaring Costs
A 29% rise in million-dollar medical claims over the past year is squeezing self-funded employers, with cancer remaining the top cost driver, Sun Life’s data reveals.
June 10
Insurance Industry
Life & Health
Risk Management
Workers' Compensation
Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat
Researchers are diving into hailstorms across Texas, Oklahoma, and Kansas to better understand one of the U.S.’s costliest but most overlooked weather risks.
June 9
Catastrophe
Insurance Industry
Property
Risk Management
Colorado
Kansas
New Mexico
Oklahoma
Texas
How Georgia Can Tackle Rising Insurance Premiums and Loss Ratios
Georgia homeowners face surging premiums after back-to-back hurricanes. Lawmakers and insurers are exploring solutions to stabilize the market and protect consumers.
June 9
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Georgia
Louisiana
Chinese Cyberattacks and User Mistakes Spark Growing Mobile Security Emergency
U.S. investigators warn that Chinese cyberattacks and user carelessness are turning smartphones into national security risks, exposing sensitive data and infrastructure.
June 9
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Illinois
Michigan
Lawsuit Against Nationwide Challenges Mass Pet Insurance Cancellations
Nationwide faces legal backlash after canceling 100,000 pet insurance policies, with allegations of broken promises and a growing debate over ethics and contract law.
June 9
Insurance Industry
Life & Health
Litigation
Risk Management
Severe Storms in US and Europe Trigger Massive Insured Losses
Severe storms across the US and Europe from late May to early June caused extensive hail, flood, and wind damage, with insured losses reaching into the billions.
June 9
Catastrophe
Insurance Industry
Property
Risk Management
Illinois
Iowa
Kansas
Missouri
Texas
Philadelphia Transit Lot Fire Destroys 40 Decommissioned Buses
A fire at a SEPTA bus lot in Philadelphia destroyed 40 decommissioned vehicles but caused no injuries or disruptions to commuter service, officials said.
June 9
Catastrophe
Insurance Industry
Property
Risk Management
Pennsylvania
Food Delivery Giants Resolve Legal Fight Over NYC Wage and Fee Laws
DoorDash, Grubhub, and Uber Eats settled lawsuits over New York City laws boosting delivery worker pay and capping restaurant fees, paving the way for legal revisions.
June 9
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
New York
Long COVID Drives Most Workers’ Comp COVID Costs in California
A new study reveals that although Long COVID made up just 4.7% of California workers’ comp COVID claims, it accounted for nearly three-quarters of total claim costs from 2020 to 2022.
June 4
Insurance Industry
Life & Health
Risk Management
Workers' Compensation
California
Mondelez Sues Aldi Over Lookalike Packaging for Store-Brand Cookies and Crackers
Mondelez International has filed a federal lawsuit in Illinois accusing Aldi of copying the packaging of iconic snacks like Oreos and Wheat Thins, citing brand confusion and trademark infringement.
June 4
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Illinois
Teen Driver Crash Fatalities Spike During Summer Months, AAA Warns
Fatal crashes involving teen drivers increase sharply during the summer, with AAA urging parents to prioritize driver education and limit distracted driving.
June 4
Auto
Education & Training
Risk Management
Technology
Victoria’s Secret Temporarily Shuts Down Website After Cybersecurity Breach
Victoria’s Secret shut down its website and systems on May 26 following a cyber incident, restoring services by May 29. Some in-store functions were also briefly disrupted.
June 4
Insurance Industry
Property
Risk Management
Technology
NOAA Pushes to Fill Weather Forecasting Gaps as Staffing Crisis Collides with Hurricane Season
NOAA will post mission-critical weather jobs despite a federal hiring freeze, aiming to stabilize forecasting operations ahead of a hurricane season forecast to be severe.
June 4
Catastrophe
Legislation & Regulation
Risk Management
Technology
Over 1,000 Former Rugby Players Sue Over Concussion-Related Brain Injuries
A growing group of former professional rugby players now totals over 1,100 in a lawsuit alleging negligence by rugby governing bodies in preventing brain injuries.
June 4
Legislation & Regulation
Life & Health
Litigation
Risk Management
Slightly Stronger 2025 Hurricane Season Expected Amid Climate Uncertainty
Forecasters anticipate a slightly above-average 2025 hurricane season in the Atlantic, though key uncertainties in ENSO and sea temperatures complicate predictions.
June 4
Catastrophe
Insurance Industry
Property
Risk Management
Florida
