The Plymouth County Retirement Association has filed a class action lawsuit against CrowdStrike in Texas, claiming the cybersecurity firm’s software outage caused significant global disruptions and financial losses.

A recent court ruling against the NCAA’s motion to dismiss could redefine college athletes as employees, affecting their compensation and the future of college sports.

NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.

Recent damaging earthquakes in West Texas are likely caused by oil and gas activity, according to the USGS.

Visitors wade through knee-deep water as Dollywood floods due to a torrential downpour.

Meteorologists caution Gulf Coast residents about a potential tropical cyclone forming in the Atlantic as the 2024 hurricane season intensifies.

The Alaska Supreme Court ruled that hiring a friend for work on another friend’s property does not exempt the employer from workers’ compensation coverage, rejecting the so-called "buddy exemption."

IoT technology is poised to simplify insurance by enhancing data integration, improving risk analysis, and overcoming workforce challenges, ultimately protecting people and businesses more effectively.

In 2023, Europe faced unprecedented extreme weather events, including heatwaves, droughts, storms, and floods, highlighting the urgent need for insurers to adapt and develop robust climate risk management strategies.

Legal system abuse, including frivolous lawsuits and inflated claims, significantly raises insurance claims costs, impacting policyholders, insurers, and agents, as highlighted by Triple-I.

HealthEquity reported that a cybersecurity incident compromised the personal information of 4.3 million individuals, involving a partner’s credentials to access sensitive health data.

An unknown threat actor exploited an email misconfiguration in Proofpoint’s system, sending millions of spoofed emails from reputable companies like Best Buy and IBM, highlighting vulnerabilities in email security infrastructure.

A recent post on Reddit’s adjusters subreddit shared a cautionary tale about the risks of casual, off-the-cuff remarks in professional communications. In this instance, a fire claim involving a homeowner’s pet parrot escalated to the courtroom, where an unfortunate message by an adjuster was read aloud, much to his embarrassment.

Take-Two Interactive’s SEC filing highlights various risks including negative review campaigns, which could result in loss of players, revenue, and increased marketing costs.

National Fire and Marine Insurance Co. denies coverage for Theraplant’s $1.3 million business income loss claim, citing policy exclusions and differing interpretations of coverage terms.