$6.4 Billion Estimated Insured Losses in Japan’s Noto Peninsula Earthquake
The 2024 Noto Peninsula Earthquake in Japan caused significant insured losses, with residential properties, especially older structures, bearing the brunt of the damage.
January 5, 2024
Catastrophe
Marine
Property
Risk Management
December Nor’easter and California Rains Lead to Major Losses in the U.S.
Severe December weather, including a nor’easter and California flooding, potentially costs millions in economic and insured losses.
January 5, 2024
Catastrophe
Property
Risk Management
California
Florida
Maine
New Jersey
North Carolina
Reflecting on Cyber Insurance Trends of 2023
An introspective analysis of the cyber insurance market trends in 2023, evaluating rate stabilizations, regulatory focus, reinsurance shifts, and analytics integration.
January 4, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Pennsylvania Water Authority Targeted in International Cyberattack Linked to Iranian Hackers
The Municipal Water Authority of Aliquippa in Pennsylvania faces a cyberattack, highlighting the vulnerability of small water utilities to international cybersecurity threats.
January 4, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Arkansas
California
Indiana
Iowa
Missouri
Minnesota Woman Sues Dentist Over Extensive, Allegedly Harmful Dental Procedures
A Minnesota woman sues her dentist for alleged negligence, claiming extensive dental work in one visit led to disfigurement and health issues.
January 3, 2024
Liability
Life & Health
Litigation
Risk Management
Minnesota
McKinsey Agrees to $78 Million Settlement in Prescription Opioid Crisis
McKinsey and Company will establish a $78 million fund to reimburse insurers and others for costs related to the prescription opioid addiction crisis.
January 3, 2024
Insurance Industry
Life & Health
Risk Management
January 1 Renewals Mark a Turnaround in Reinsurance Market Stability
The January 1 reinsurance renewal period exhibits stability and predictability, reflecting significant improvements in the property reinsurance sector.
January 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Revolutionizing Auto Insurance in the Era of New Vehicle Valuation Trends
Exploring the shift in vehicle valuation methods in auto insurance, highlighting the rise of SUVs and the impact of consumer preferences on risk management.
January 3, 2024
Auto
Insurance Industry
Risk Management
Technology
The Evolving Dynamics of Pharmacy Use in Workers’ Compensation
Exploring the top five pharmacy trends in workers’ compensation for 2024, focusing on physician dispensing, mental health, opioids, long COVID, and inflation.
January 3, 2024
Legislation & Regulation
Life & Health
Risk Management
Workers' Compensation
Florida
Navigating the New Frontier in Cannabis Insurance and Legal Landscape
As cannabis markets grow, insurers and legal professionals explore challenges and opportunities in a dynamically evolving industry.
January 3, 2024
Legislation & Regulation
Liability
Risk Management
Technology
Allianz Report: Rising Liability Risks for Directors and Officers in 2024
Allianz Commercial’s latest report highlights heightened liability risks for board members and executives in 2024, including economic, geopolitical, technological, and ESG challenges.
January 2, 2024
Legislation & Regulation
Liability
Risk Management
Technology
Aon’s Survey Reveals Increasing Business Volatility and Emerging Global Risks
Aon’s ninth edition of its Global Risk Management Survey highlights a more volatile and uncertain business landscape, with cybersecurity and economic challenges at the forefront.
December 29, 2023
Catastrophe
Insurance Industry
Risk Management
Technology
BlendJet Recalls Millions of Portable Blenders Due to Safety Hazards
BlendJet issues a recall for 4.8 million portable blenders after reports of lacerations, burn injuries, and fire hazards, urging consumers to seek replacements.
December 29, 2023
Liability
Risk Management
Chesapeake Energy and Contractors Faulted in Fatal 2020 Texas Oil Well Fire
A federal safety board investigation finds Chesapeake Energy and its contractors failed to implement crucial well control measures in a 2020 Texas oil well fire that resulted in three fatalities.
December 29, 2023
Catastrophe
Legislation & Regulation
Liability
Risk Management
Oklahoma
Texas
Oregon Regulator to Probe PacifiCorp’s Liability Limit Request After Wildfires
Oregon’s utility regulator initiates an investigation into PacifiCorp’s request to limit future wildfire-related lawsuit liabilities, delaying the decision by up to nine months.
December 28, 2023
Catastrophe
Legislation & Regulation
Liability
Risk Management
California
Idaho
Oregon
Utah
Washington
