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Thousands Evacuate as Wildfires Devastate Los Angeles Area

Thousands Evacuate as Wildfires Devastate Los Angeles Area

Southern California faces extreme fire conditions fueled by hurricane-force winds, forcing mass evacuations and widespread power outages, with no immediate relief in sight.
January 8, 2025 Catastrophe Legislation & Regulation Property Risk Management California

Commercial Insurance Rates Moderate in 2024 as Catastrophe Losses Decline

Commercial Insurance Rates Moderate in 2024 as Catastrophe Losses Decline

Commercial insurance premiums saw slower increases in 2024, averaging 3.75%, compared to 4.56% in 2023, as lower catastrophe losses drove deceleration in property rates.
January 8, 2025 Auto Liability Property Risk Management

Adjusting to Change: Embracing AI in Workers’ Compensation Claims

Adjusting to Change: Embracing AI in Workers’ Compensation Claims

Artificial intelligence is reshaping workers’ compensation, offering faster claims resolution and fairer settlements, but overcoming resistance from seasoned adjusters remains a challenge.
January 8, 2025 Litigation Risk Management Technology Workers' Compensation

Florida Couple Accused of Running $11 Million Insurance Fraud Scheme via Unauthorized Dental Practices

Florida Couple Accused of Running $11 Million Insurance Fraud Scheme via Unauthorized Dental Practices

A Florida couple allegedly orchestrated an $11 million insurance fraud scheme through unauthorized dental practices, deceiving patients and insurers to fund a luxury lifestyle.
January 7, 2025 Fraud Insurance Industry Legislation & Regulation Risk Management Florida

How Manufacturers Can Safeguard Against the Rising Threat of Cyberattacks

How Manufacturers Can Safeguard Against the Rising Threat of Cyberattacks

Manufacturers face increasing cyber risks as digital systems grow more integral. Learn how to mitigate vulnerabilities and protect your operations from financial fallout.
January 7, 2025 Liability Risk Management Technology

How Data Innovation Is Shaping the Insurance Industry’s Response to Climate Risks

How Data Innovation Is Shaping the Insurance Industry’s Response to Climate Risks

Presenters at Triple-I’s Joint Industry Forum spotlighted how granular data, innovative insurance products, and consumer education are closing climate-related protection gaps.
January 7, 2025 Catastrophe Legislation & Regulation Property Risk Management California

The Insurance Revolution: Personalized Policies and Near-Instant Claim Approvals

The Insurance Revolution: Personalized Policies and Near-Instant Claim Approvals

Insurance companies are adopting AI, blockchain, and automation to simplify claims processes, aiming to deliver personalized policies and faster approvals for customers.
January 6, 2025 Auto Risk Management Technology

US Sanctions Chinese Cybersecurity Firm Over Ties to State-Sponsored Hacking

US Sanctions Chinese Cybersecurity Firm Over Ties to State-Sponsored Hacking

The Treasury has sanctioned Beijing-based Integrity Tech for supporting Flax Typhoon, a state-sponsored cyber group linked to U.S. critical infrastructure breaches.
January 6, 2025 Legislation & Regulation Liability Risk Management Technology

Hawaii Faces Calls to End Illegal Fireworks After Deadly Explosions

Hawaii Faces Calls to End Illegal Fireworks After Deadly Explosions

Recent tragedies highlight the dangers of illegal fireworks in Hawaii, leading officials and residents to debate stronger enforcement measures and cultural traditions.
January 6, 2025 Catastrophe Legislation & Regulation Property Risk Management Arizona Hawaii

Florida Condo Owners Brace for Higher Costs Amid New Safety Rules

Florida Condo Owners Brace for Higher Costs Amid New Safety Rules

Florida’s condo owners confront rising fees due to stricter safety laws aimed at preventing disasters like the 2021 Surfside collapse, with inspections, reserve funding, and insurance costs at the forefront.
January 6, 2025 Insurance Industry Legislation & Regulation Property Risk Management Florida

CFPB Files Lawsuit Against Walmart and Branch Messenger Over Alleged Payment Violations

CFPB Files Lawsuit Against Walmart and Branch Messenger Over Alleged Payment Violations

The CFPB has accused Walmart and Branch Messenger of coercing gig drivers to use costly deposit accounts and misrepresenting access to wages, resulting in over $10 million in fees.
January 6, 2025 Legislation & Regulation Litigation Risk Management Workers' Compensation

Year-End Tornadoes Spark Surge in Insurance Claims Across Southern States

Year-End Tornadoes Spark Surge in Insurance Claims Across Southern States

Severe storms from December 26–29, 2024, caused extensive tornado damage across 10 Southern states, generating over 2,700 insurance claims and highlighting a rising trend in extreme weather events.
January 6, 2025 Catastrophe Insurance Industry Property Risk Management Alabama Mississippi North Carolina South Carolina Texas

Worker’s Chocolate Rescue Ends in Denied Compensation Claim

Worker’s Chocolate Rescue Ends in Denied Compensation Claim

A Virginia worker’s knee injury, sustained while salvaging chocolates from his employer’s delivery truck, was deemed outside the scope of employment by the Workers’ Compensation Commission.
January 6, 2025 Liability Litigation Risk Management Workers' Compensation Virginia

How AI is Revolutionizing Insurance in 2025

How AI is Revolutionizing Insurance in 2025

The insurance industry is entering a transformative era as AI moves from isolated pilots to enterprise-wide implementations, reshaping claims, customer service, and underwriting processes.
January 6, 2025 Insurance Industry Property Risk Management Technology

Workplace Fatalities in the U.S. Decline in 2023 Amid Persistent Risks

Workplace Fatalities in the U.S. Decline in 2023 Amid Persistent Risks

The U.S. saw a 3.7% decline in workplace fatalities in 2023, with transportation incidents, falls, and violent acts remaining significant contributors to workplace injuries and deaths.
January 3, 2025 Legislation & Regulation Liability Risk Management Workers' Compensation
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