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Farmworkers in California Claim Retaliatory Firings for Avoiding Triple-Digit Heat

Farmworkers in California Claim Retaliatory Firings for Avoiding Triple-Digit Heat

Six California farmworkers allege they were fired for leaving work early due to unsafe triple-digit temperatures, sparking investigations into potential retaliation and heat safety compliance.
August 7, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation California

Embracing Generative AI: A Pivotal Moment for the Insurance Industry

Embracing Generative AI: A Pivotal Moment for the Insurance Industry

Insurance firms are increasingly adopting generative AI, which is transforming customer service, claims management, and overall operational efficiency.
August 7, 2024 Insurance Industry Risk Management Technology

AI Boosts Insurtech Financing Amid Deepfake Risks, Report Says

AI Boosts Insurtech Financing Amid Deepfake Risks, Report Says

Global insurtech financing rose 40% to $1.27 billion in Q2, largely driven by AI-focused investments, according to reinsurance broker Gallagher Re.
August 7, 2024 Fraud Insurance Industry Risk Management Technology

Norwegian Salmon Farms Face Record Fish Mortality Rates Amid Harsh Conditions

Norwegian Salmon Farms Face Record Fish Mortality Rates Amid Harsh Conditions

Norwegian salmon farms are experiencing unprecedented fish mortality rates this year due to an unusually harsh winter and the El Nino climate phenomenon.
August 7, 2024 Catastrophe Insurance Industry Property Risk Management

How AI is Revolutionizing Insurance Operations

How AI is Revolutionizing Insurance Operations

Generative AI is transforming commercial insurance by reducing costs and increasing efficiency through improved risk selection and service capabilities.
August 7, 2024 Risk Management Technology Underwriting

Hurricane Debby Hits Florida’s Big Bend, Promises Severe Southeast Flooding

Hurricane Debby Hits Florida’s Big Bend, Promises Severe Southeast Flooding

Hurricane Debby has made landfall in Florida’s Big Bend with maximum sustained winds of 80 mph, leading to potential historic flooding from northern Florida to the Carolinas, along with gusty winds, storm surge, and tornadoes.
August 5, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia North Carolina South Carolina Virginia

CrowdStrike Faces Federal Securities Class Action from Investors

CrowdStrike Faces Federal Securities Class Action from Investors

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.
August 1, 2024 Litigation Risk Management Technology Texas

The Future of College Athletics Hangs in the Balance as Court Denies NCAA’s Motion to Dismiss

The Future of College Athletics Hangs in the Balance as Court Denies NCAA’s Motion to Dismiss

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.
August 1, 2024 Education & Training Legislation & Regulation Litigation Risk Management

NOAA Proposes $575 Million for Coastal Climate Resilience

NOAA Proposes $575 Million for Coastal Climate Resilience

NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.
July 31, 2024 Catastrophe Legislation & Regulation Property Risk Management Alaska California Delaware Hawaii Louisiana

Oil and Gas Activity Likely Caused West Texas Earthquakes

Oil and Gas Activity Likely Caused West Texas Earthquakes

Recent damaging earthquakes in West Texas are likely caused by oil and gas activity, according to the USGS.
July 31, 2024 Catastrophe Legislation & Regulation Litigation Risk Management New Mexico Oklahoma Texas

Dollywood Visitors Navigate Floodwaters During Torrential Downpour

Dollywood Visitors Navigate Floodwaters During Torrential Downpour

Visitors wade through knee-deep water as Dollywood floods due to a torrential downpour.
July 31, 2024 Catastrophe Insurance Industry Liability Risk Management Tennessee

Gulf Coast Residents Urged to Monitor Developing Tropical Wave

Gulf Coast Residents Urged to Monitor Developing Tropical Wave

Meteorologists caution Gulf Coast residents about a potential tropical cyclone forming in the Atlantic as the 2024 hurricane season intensifies.
July 30, 2024 Catastrophe Insurance Industry Property Risk Management Florida

Alaska Supreme Court Clarifies Workers’ Compensation Coverage in Friendship-Based Employment Case

Alaska Supreme Court Clarifies Workers’ Compensation Coverage in Friendship-Based Employment Case

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."
July 30, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Alaska

Simplifying Insurance with IoT: A Streamlined Future

Simplifying Insurance with IoT: A Streamlined Future

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.
July 30, 2024 Auto Insurance Industry Risk Management Technology

Climate Crisis: Extreme Weather Becomes the Norm in Europe, 2023

Climate Crisis: Extreme Weather Becomes the Norm in Europe, 2023

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.
July 30, 2024 Catastrophe Legislation & Regulation Property Risk Management
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