Alaska Airlines Under Scrutiny for Continuing Flights Despite Warning Signals
Alaska Airlines faces critical questions about its decision to keep a Boeing 737 Max 9 flying over land, despite cabin-pressurization warnings, before a fuselage blowout.
January 10, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Oregon
Tornadoes and Thunderstorms Cause Fatalities and Damage in Southeast US
A series of deadly tornadoes and severe thunderstorms wreak havoc across the Southeast, leading to four deaths and extensive property damage.
January 10, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Florida
Georgia
Maine
North Carolina
Chubb Report Highlights Climate Change Risks for Wealthy Americans and Canadians
A new report from Chubb reveals that 76% of wealthy North Americans see extreme weather due to climate change as a major threat to their properties.
January 9, 2024
Catastrophe
Education & Training
Insurance Industry
Liability
Property
2024 Atlantic Hurricane Season Predicted to Be Intensely Active
Tropical Storm Risk’s early forecast anticipates the 2024 Atlantic hurricane season to be significantly above average in activity.
January 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Tornadoes and High Winds Ravage the South, Causing Extensive Damage
A series of tornadoes and high winds struck the South, including Panama City, Florida, leading to significant damage and emergency rescues.
January 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Surge in Business Travel Spurs Evolving Insurance Needs and New Risks
With a significant rebound in business travel, organizations face new challenges and insurance needs in a post-COVID world.
January 9, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Florida Proposes $200 Million Expansion for Home Elevation and Flood Mitigation Program
In response to escalating climate change and storm threats, Florida introduces new bills to expand its mitigation program, offering grants for home elevation and floodproofing.
January 8, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
State Farm Home Insurance Premiums Set to Rise in California Following Regulatory Approval
California State Farm policyholders face a significant premium increase, with high-risk areas expecting even larger hikes, following regulatory approval of a 20% rate adjustment.
January 8, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
California
January Sees Higher Workers’ Compensation Claims in Retail Sector, Surpassing Holiday Months
A surprising trend emerges with January experiencing a 25% increase in retail sector workers’ compensation claims, surpassing the holiday months, according to AmTrust’s 2023 Retail Risk Report.
January 8, 2024
Insurance Industry
Risk Management
Workers' Compensation
Exploring the Future of Global Trade: Digital Bartering and Blockchain Integration
An in-depth look at how digital bartering, blockchain technology, and regenerative finance are reshaping global trade in the face of geopolitical and economic challenges.
January 8, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
OpenAI Expands Efforts to License Publisher Content Amid Legal Challenges
OpenAI is actively negotiating with multiple publishers for content licensing, balancing AI model training needs with legal complexities.
January 5, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Missouri City Settles for $2.9 Million in Lawsuit Over Rights Violations and Excessive Fines
Florissant, Missouri, agrees to a $2.9 million settlement for a lawsuit alleging constitutional rights violations through excessive fines and jailings for minor violations.
January 5, 2024
Legislation & Regulation
Liability
Litigation
Risk Management
APCIA Sets Priorities for 2024, Aiming to Tackle Key Insurance Industry Challenges
The American Property Casualty Insurance Association outlines nine key areas for 2024, including legal system reforms and catastrophe insurance challenges, aiming to enhance the property-casualty sector.
January 5, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Florida Appeals Court Reverses Dismissal of Bad Faith Suit Against First Protective Insurance
In a pivotal ruling, a Florida appeals court overturns a dismissal, allowing a bad-faith lawsuit against First Protective Insurance over delayed sinkhole damage payments.
January 5, 2024
Legislation & Regulation
Litigation
Property
Risk Management
Florida
SpaceX Faces Labor Agency Accusations for Dismissing Employees Over Letter Criticizing CEO Elon Musk
U.S. labor agency claims SpaceX unlawfully fired eight employees for voicing concerns about CEO Elon Musk, sparking a legal battle over workers’ rights.
January 5, 2024
Insurance Industry
Legislation & Regulation
Liability
Risk Management
