Residents across southern Louisiana are starting the cleanup process following Hurricane Francine, which brought 100-mph winds, severe flooding, and widespread storm surge damage to coastal communities.
As Hurricane Francine moves inland, millions from Florida to Tennessee remain under flood watch, with heavy rains and tornado warnings threatening areas across the South. Power outages and damage reports continue.
Hurricane Francine hit southern Louisiana, bringing 100-mph winds, widespread power outages, and severe storm surge damage. The storm left over 400,000 without power and caused significant flooding in multiple communities.
Hurricane Francine will make landfall in Louisiana, bringing dangerous storm surge, high winds, heavy rain, and tornado threats to the Gulf Coast and southern states. Flooding may extend as far north as the Ohio Valley later in the week.
The claims sector is crucial in transforming property insurance by adopting sustainable practices, reducing waste, and meeting new environmental regulations to protect against climate risks.
The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.
Hawkins Inc. of Iowa will pay $51,158 in penalties and provide emergency response equipment after the EPA found violations of hazardous waste management regulations under the Resource Conservation and Recovery Act.
A 30-hour iPipeline outage over Labor Day weekend disrupted new business operations for Life & Annuity carriers, underscoring the evolving risks in third-party technology reliance.
Tropical Storm Francine is forecast to strengthen into a hurricane before making landfall along the Gulf Coast, bringing dangerous storm surge, heavy rain, and potential flooding to parts of Louisiana and Texas by midweek.
A group of farmers in Colorado and Kansas tampered with rain gauges to falsely report drought conditions, leading to a multimillion-dollar crop insurance fraud. Their actions resulted in both criminal penalties and civil settlements.
Social inflation is driving commercial casualty losses up by 11% over five years. Explore three key strategies—data utilization, early case assessment, and advanced technology—to manage this growing challenge.
The Department of Justice filed its first False Claims Act lawsuit under the Civil Cyber-Fraud Initiative, targeting contractors accused of noncompliance with DoD cybersecurity requirements.
The surge in severe weather events highlights the urgent need for modern insurance strategies, as homeowners face heightened risks and coverage gaps. Tailored disaster insurance solutions can help protect against growing financial vulnerability.
Aon’s 2024 survey reveals that most business leaders are struggling to adapt to key megatrends, including trade, technology, climate, and workforce changes, to better manage risk.