Hurricanes Helene and Milton highlight significant issues in the U.S. flood insurance market, showcasing the gaps in coverage, private market growth, and lessons from Florida’s response.
Worker fatalities investigated by OSHA decreased by 11% in FY 2024, marking the lowest count since 2017. Efforts targeting falls and trench collapses significantly contributed to the decline.
The devastation caused by Hurricane Helene sheds light on the widespread lack of flood insurance, revealing critical challenges in accessibility, affordability, and risk awareness.
A recent report highlights that nearly all Americans have been targeted by digital scams, with billions lost annually to sophisticated cybercrime schemes.
AI weather models like GraphCast demonstrated remarkable accuracy during this hurricane season, outperforming traditional models in predicting storm tracks but facing challenges with intensity forecasting.
A new OSHA report shows an 11% drop in worker fatalities, with significant declines in deaths from trench collapses and falls, attributed to targeted safety efforts, enforcement, and outreach initiatives.
As COP29 unfolds in a year of record-high temperatures, new research reveals accelerating climate effects, from supercharged storms and wildfire deaths to a slowing Atlantic current, raising concerns about a range of tipping points.
Ongoing drought and high winds have sparked severe brush fires across Massachusetts, with over 1,500 acres already burned this season. Officials urge caution as red flag warnings remain in place.
General Motors is recalling nearly 462,000 Chevrolet, GMC, and Cadillac vehicles with diesel engines due to a defect in the transmission control valve that could cause rear wheels to lock up, raising crash risks.
Apple faces a UK class action alleging it unfairly dominates the data storage market by limiting consumer options for external storage. The lawsuit, filed in London, seeks up to £3 billion in damages and highlights ongoing concerns over monopolistic practices by tech giants.
The Insurance Information Institute’s latest report highlights the increasing flood risks faced by inland areas due to shifting weather patterns. Hurricanes, tropical storms, and thunderstorms are pushing the boundaries of flood-prone regions, underscoring the need for better insurance coverage, flood resilience, and mitigation strategies to bridge the protection gap in non-coastal communities.
Despite over a decade of rate hikes and underwriting reforms, the commercial auto insurance sector has faced escalating losses, with 2023 marking its worst year on record due to high claims costs, social inflation, and other persistent challenges.
A New York court dismissed a homeowner’s breach of contract claim for delayed filing, ruling that the lawsuit, filed almost seven years after project completion, was beyond the six-year statute of limitations for construction defect claims. Pandemic-related deadline extensions could not save the case.
Tesla recalls 2,400 Cybertrucks in the U.S. over a faulty driver inverter that could cause loss of power, raising crash risks. This latest issue, which affects Cybertrucks manufactured through July 30, follows several other recalls issued in 2024.
Four Southern California residents were arrested on suspicion of insurance fraud after allegedly submitting false claims that their cars were damaged by a bear, which officials say was a person in a bear costume.