
Hurricane Beryl’s Unprecedented Early Season Impact Signals Climate Concerns
Hurricane Beryl’s rapid intensification in early July breaks records and raises concerns about future storm activity due to climate change.
July 2, 2024
Catastrophe
Property
Risk Management
Texas

New OSHA Rule to Protect Workers from Heat Illness
OSHA’s proposed rule aims to safeguard indoor and outdoor workers from heat-related illnesses and deaths.
July 2, 2024
Legislation & Regulation
Risk Management
Workers' Compensation
California
Colorado
Maryland
Minnesota
Oregon

Big Florida Insurers Close Nearly Half of Homeowner Claims Without Payment
Weiss Ratings, an independent insurance rating agency, reports that three major Florida homeowners insurance providers closed nearly half of their claims last year without any payment.
July 2, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

Survey Reveals 40% Would Consider Inflating Home Insurance Claims
A survey in Ireland and the UK by Aviva finds four in ten respondents might exaggerate home insurance claims for extra compensation, with a majority supporting stricter penalties for fraud.
July 1, 2024
Fraud
Insurance Industry
Property
Risk Management

Norfolk Southern Sued by Insurers Over Ohio Train Derailment
Erie Insurance and other insurers have filed a lawsuit against Norfolk Southern, alleging negligence and state law violations following the 2023 Ohio train derailment and chemical spill.
July 1, 2024
Insurance Industry
Liability
Litigation
Risk Management
Ohio

Homeowners’ Maintenance Gaps Revealed: Key Safety Tasks Often Overlooked
A nationwide survey by The Hanover and The Harris Poll shows many homeowners neglect crucial maintenance tasks, risking costly damages and insurance claims.
July 1, 2024
Education & Training
Insurance Industry
Property
Risk Management

Escalating Home Insurance Costs Linked to Disaster Risk: Insights from Mortgage Escrow Data
An analysis of 47 million homeowners’ insurance expenditures reveals a sharp increase in premiums from 2020 to 2023, with disaster-prone areas experiencing the most significant hikes due to rising reinsurance costs.
July 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Louisiana
Texas

Reinsurance Market Sees Improvements at July 2024 Renewal
Strong capital positions and record returns create favorable conditions for reinsurance buyers.
July 1, 2024
Insurance Industry
Property
Risk Management

Cyber Insurance Market Stabilizes Amid Persistent Threat Landscape
Despite ongoing cyber threats, the cyber insurance market offers favorable terms for buyers, driven by strong risk controls and pricing reductions.
July 1, 2024
Insurance Industry
Risk Management
Technology

Cybersecurity Gaps Leave General Contractor Liable in Phishing Scam
A phishing attack against a subcontractor highlights the importance of cybersecurity in the construction industry.
July 1, 2024
Liability
Litigation
Risk Management
Technology
Connecticut
Maryland

Boost Business Insights with Gamified Data Management
A strategic approach to data management enhances business insights and growth.
July 1, 2024
Education & Training
Insurance Industry
Risk Management
Technology

Former Green Bay Packer Randall Cobb, and Family Survive House Fire in Nashville
NFL wide receiver Randall Cobb and his family narrowly escaped a fire at their Nashville home, which began in the garage and caused significant damage, but fortunately left everyone unharmed.
June 27, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Tennessee
Texas

Lightning-Related Insurance Claims Soar in 2023
The Insurance Information Institute (Triple-I) reported a 30% increase in total claims value from 2022, highlighting the financial impact of severe convective storms.
June 19, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
California
Florida
Georgia
Louisiana

Proactive Strategies for Property Loss Control
A session at RISKWORLD 2024 highlighted how a proactive, data-driven approach to risk management can create an effective property loss control strategy.
June 19, 2024
Insurance Industry
Property
Risk Management
Technology

Copper Cable Theft Plagues EV Charging Stations
The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19, 2024
Insurance Industry
Property
Risk Management
Technology
Arizona
California
Colorado
Illinois
Nevada



