Understanding the Nuances of ’Falling Objects’ in Insurance Coverage
A condominium’s claim for damage caused by unstable excavation material highlights the intricate interpretations of ’falling objects’ in insurance policies.
November 27, 2023
Catastrophe
Litigation
Property
Risk Management
Minnesota
Chubb Report Reveals Misconceptions Among US Mid-Market Companies Regarding Flood Risks
Chubb’s new report highlights a significant gap in understanding among US mid-market companies about the extent of flood risk and insurance coverage.
November 21, 2023
Catastrophe
Insurance Industry
Property
Risk Management
Fans Sue Over Disrupted Las Vegas Formula One Practice Session
Formula One enthusiasts file a lawsuit against Las Vegas Grand Prix organizers for forcing early exit before practice session, seeking $30,000 in damages.
November 20, 2023
Insurance Industry
Liability
Litigation
Risk Management
Nevada
AI Impact on Insurance Jobs: A Deeper Look Beyond Recent Layoffs
Recent layoffs in the insurance sector prompt discussions on AI’s role, with experts suggesting AI is reshaping jobs rather than being the primary cause of job losses.
November 20, 2023
Education & Training
Insurance Industry
Risk Management
Technology
Rising Natural Disasters and Economic Factors Lead to Increasing Homeowners Insurance Costs
Homeowners insurance affordability declines nationwide, influenced by increased natural disasters and economic factors, with significant state-to-state variations in insurance costs.
November 20, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Louisiana
Mississippi
New Hampshire
Oklahoma
Whole Foods Executive Shares Insights on Career Transition and Risk Management Evolution
From culinary dreams to a leading role in risk management, a Whole Foods executive shares her journey and insights on the evolving landscape of workers’ compensation and technology’s role.
November 20, 2023
Education & Training
Risk Management
Technology
Workers' Compensation
Vegas Casinos Hit by Major Cyberattacks: MGM and Caesars Face Severe Consequences
MGM Resorts and Caesars Entertainment face severe fallout from major cyberattacks, highlighting the critical importance of cybersecurity in today’s digital age.
November 17, 2023
Fraud
Liability
Risk Management
Technology
Nevada
Rising ESG and Cyber Risks Transform the Landscape of Professional Liability Insurance
Environmental, social, governance risks and escalating cyber threats are redefining professional liability insurance, influencing rates and litigation trends.
November 17, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Illinois
Use of Onboard Cameras in Fleet Vehicles Touted as Key to Mitigating Liability Risks
In the face of rising nuclear verdicts, risk experts from Crum & Forster advocate the use of cameras in fleet vehicles to minimize liability and enhance safety.
November 17, 2023
Auto
Liability
Risk Management
Technology
Ohio
Health Insurance Shifts Pave Way for Dramatic Changes in Employee Benefits and Insurance Carriers
Rising health insurance costs are driving employers to rethink benefits, paving the way for a more personalized approach to employee insurance and wellness.
November 16, 2023
Legislation & Regulation
Life & Health
Risk Management
Technology
Insurance Industry Shifts Focus from Repair to Predict and Prevent Model
In a significant industry shift, insurance moves towards a predict and prevent model, emphasizing consumer education and engagement.
November 16, 2023
Auto
Education & Training
Risk Management
Technology
Insurance Industry Demonstrates Generosity with Over $1 Billion in Charitable Giving in 2022
Insurance industry’s 2022 charitable endeavors exceed $1 billion, highlighting commitment to philanthropy and community support.
November 16, 2023
Education & Training
Liability
Life & Health
Risk Management
West Virginia Supreme Court Rules for Continuous Trigger in Long-Tail Illness Claims Against Insurers
West Virginia Supreme Court’s ruling mandates insurers to cover long-tail illness claims, emphasizing the continuous trigger theory for policies expired years prior.
November 15, 2023
Legislation & Regulation
Liability
Litigation
Risk Management
West Virginia
Revolutionizing Auto Insurance Claims with Advanced Crash Detection Technology
Crash detection technology is set to revolutionize the auto insurance claims process, offering real-time accident alerts and improving the efficiency of claims handling.
November 15, 2023
Auto
Risk Management
Technology
Underwriting
Wearable Tech Transforms Worker Safety and Insurance Costs
Ergonomic wearables emerge as a key solution in reducing workplace injuries and workers’ compensation costs.
November 15, 2023
Education & Training
Risk Management
Technology
Workers' Compensation
