The insurance industry is facing increasing cyber threats, with 59% of breaches among the top 150 insurance companies stemming from third-party attack vectors. These vulnerabilities highlight the need for stronger supply chain security.

Allstate anticipates recovering $900 million through its reinsurance program after estimating $2 billion in gross losses from the Los Angeles wildfires. This will result in a net loss of $1.1 billion for the insurer.

A federal appeals court panel expressed skepticism over Google’s argument that competition with Apple justifies overturning a jury’s ruling that declared its Android app policies an illegal monopoly.

As millions of football fans tune in for Super Bowl LIX, a record-breaking 22.6 million U.S. employees are expected to miss work the following Monday. Employers must plan ahead to address absenteeism, productivity dips, and workplace engagement challenges.

The devastating January 2025 Los Angeles wildfires could result in $95 billion to $164 billion in total losses, including $75 billion in insured claims, along with GDP declines, job losses, and rising insurance costs.

A proposed ordinance would require food delivery services like DoorDash and UberEats to obtain a city permit, carry insurance for drivers, and share delivery data with officials.

European road safety initiatives, including Vision Zero, are influencing U.S. transportation policies. Experts highlight innovation, enforcement, and education as key factors.

A Starbucks worker in Mobile, Alabama, was attacked by a pet monkey that escaped from a customer’s vehicle. Authorities are investigating, and the owner may face charges.

Severe storms, rising construction costs, and increased litigation are driving insurance rates higher for apartment owners, forcing them to adjust coverage, reduce claims, and rethink investment strategies.

Insurance companies have paid $4.2 billion to policyholders affected by the Eaton and Palisades fires in Los Angeles County. Over 31,000 claims have been filed, with more payments expected as recovery progresses.

A revised OSHA rule effective January 13, 2025, explicitly mandates that personal protective equipment (PPE) in construction must properly fit each worker, improving workplace safety and reducing hazards related to ill-fitting gear.

Former insurance claims handler James Keating received a 20-month prison sentence for defrauding Allied World Insurance out of more than $1.4 million through shell companies and kickbacks.

A recent California court ruling could expand liability for construction professionals by allowing homeowners to sue for negligence, even without a direct contract. This decision highlights the increasing legal exposure for engineers and contractors in residential projects.

The 2025 Climate and Catastrophe Insight Report by Aon highlights how hurricanes, severe storms, and global flooding pushed disaster losses to $368 billion in 2024, exposing critical insurance gaps.

The federal government’s new stance on electric vehicles creates uncertainty for Michigan’s EV industry, but major investments and industry leaders remain committed to long-term electrification.