Amazon Reaches $4M Settlement Over Allegations of Withholding Flex Driver Tips
Amazon agreed to pay nearly $4 million to settle a lawsuit from Washington, D.C.’s attorney general, who alleged the company misled consumers and misused driver tips between 2016 and 2019.
February 11, 2025
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
District Of Columbia
100,000 Organic Eggs Stolen from Pennsylvania Farm in Trailer Heist
Pennsylvania State Police are investigating the theft of approximately 100,000 organic eggs, valued at $40,000, from a distribution trailer at Pete and Gerry’s Organics in Greencastle.
February 11, 2025
Fraud
Insurance Industry
Property
Risk Management
Pennsylvania
Survey Finds Climate Change and Wars as Top Emerging Risks
Risk managers are shifting focus toward climate change, wars, and disruptive technology as primary emerging risks, according to a recent survey by the Society of Actuaries and the Casualty Actuarial Society.
February 11, 2025
Catastrophe
Legislation & Regulation
Risk Management
Technology
The Future of P&C Insurance Claims Depends on True Transformation
The insurance claims industry has seen incremental progress over the years, but true transformation remains elusive. To keep pace with technological advancements and consumer expectations, insurers must move beyond outdated processes and fragmented solutions.
February 11, 2025
Insurance Industry
Litigation
Risk Management
Technology
Cyber Insurance Outlook for 2025: Pricing Trends, Risks, and Coverage Developments
The cyber insurance market remained favorable for buyers in 2024, with lower premiums and increased coverage options despite high-profile cyber incidents. However, risks such as supply chain attacks, regulatory enforcement, and artificial intelligence (AI) security concerns are shaping the industry’s future.
February 6, 2025
Legislation & Regulation
Litigation
Risk Management
Technology
Insurance Companies Face Growing Cyber Risks from Third-Party Attacks
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.
February 6, 2025
Insurance Industry
Liability
Risk Management
Technology
Allstate Projects $900 Million in Reinsurance Recoveries from LA Wildfires
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.
February 6, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
Federal Appeals Court Questions Google’s Monopoly Defense in Epic Games Case
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.
February 5, 2025
Legislation & Regulation
Litigation
Risk Management
Technology
California
District Of Columbia
Virginia
Super Bowl Monday Absenteeism To Hit Record High
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.
February 5, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Economic Fallout from Los Angeles Wildfires Could Reach $164 Billion, UCLA Forecasts
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.
February 5, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Boston Proposes Permit Requirement for Food Delivery Apps
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.
February 5, 2025
Insurance Industry
Legislation & Regulation
Liability
Risk Management
Massachusetts
Bringing European Road Safety Strategies to the U.S.
European road safety initiatives, including Vision Zero, are influencing U.S. transportation policies. Experts highlight innovation, enforcement, and education as key factors.
February 5, 2025
Auto
Legislation & Regulation
Risk Management
Technology
California
New York
Oregon
Starbucks Employee Attacked by Monkey in Drive-Thru
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.
February 4, 2025
Liability
Risk Management
Weird
Workers' Compensation
Alabama
Rising Insurance Costs Challenge Multifamily Housing Industry
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.
January 31, 2025
Insurance Industry
Legislation & Regulation
Property
Risk Management
California
Billions Paid in LA County Wildfire Claims as Recovery Continues
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.
January 31, 2025
Catastrophe
Insurance Industry
Risk Management
California
