Widespread Flooding from Hurricane Helene Spotlights Inland Insurance Gaps

The devastation from Hurricane Helene reveals a significant inland flood-protection gap, particularly in flood-prone communities without sufficient insurance coverage, where misinformation and funding challenges further slow recovery efforts.
October 28, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management Florida Georgia Kentucky New Jersey New York

Natural Catastrophe Losses in 2024 Near Average Amid Escalating Late-Season Storm Risks

Insured losses from global natural catastrophes exceeded the 10-year average, driven by frequent storms and floods, while total economic losses for 2024 remained slightly below average.
October 17, 2024 Catastrophe Insurance Industry Property Risk Management Florida North Carolina Tennessee Virginia

Climate Change Intensifies Hurricane Helene’s Impact on Coastal and Inland Communities

Hurricane Helene, a Category 4 storm, caused catastrophic flooding and destruction from Florida’s coast to the Southern Appalachians. Research shows climate change intensified its rainfall, winds, and flooding risks.
October 11, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia North Carolina South Carolina Tennessee

Dockworkers Reach Tentative Deal, Strike Suspended Until January

U.S. dockworkers have suspended their strike after reaching a tentative agreement with terminal operators, securing a wage increase and agreeing to continue negotiations in January.
October 4, 2024 Legislation & Regulation Litigation Risk Management Alabama Florida Georgia Louisiana Maryland

Hurricane Helene’s Economic Impact Could Reach $160 Billion Due to Infrastructure Destruction and Business Losses

Economic estimates for Hurricane Helene project up to $160 billion in damage, driven by widespread infrastructure failure, property loss, business disruption, and long-term recovery costs.
September 30, 2024 Catastrophe Insurance Industry Property Risk Management Florida Georgia Kentucky North Carolina Ohio

Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts

Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.
September 30, 2024 Liability Property Risk Management Workers' Compensation California Florida Michigan Mississippi New Jersey

Helene Hits Florida as Category 4 Hurricane, Unveils Critical Flood Insurance Gap

Hurricane Helene’s catastrophic flooding from Florida to North Carolina exposes the serious lack of flood insurance coverage among homeowners, especially in inland areas, highlighting the increasing risks from extreme weather events.
September 30, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Kentucky North Carolina South Carolina

Hurricane Helene Targets Florida with Powerful Storm Surge and Inland Flooding Threats

Hurricane Helene is intensifying as it heads toward Florida’s Gulf Coast, threatening life-threatening storm surges, widespread flooding, and strong winds that will reach far inland across the Southeast.
September 25, 2024 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Kentucky North Carolina

Pets Overcoming Unusual Mishaps Compete for Nationwide’s 2024 Hambone Award

Nationwide’s 16th annual Hambone Award highlights bizarre pet incidents like a puzzle-eating pup and a toenail-tangled parrot, with voting open through August 22, 2024, to determine the most unusual pet insurance claim.
August 21, 2024 Education & Training Insurance Industry Risk Management Weird Florida Massachusetts New Jersey North Carolina Oregon

Congress Probes Alleged Exploitative Practices by Health Insurers and MultiPlan

Lawmakers are questioning health insurance regulators and MultiPlan’s role in reducing payments to medical providers, which may lead to higher costs for patients and employers, raising concerns about transparency and potential conflicts of interest.
August 21, 2024 Insurance Industry Legislation & Regulation Life & Health Litigation California Massachusetts Minnesota Oregon Virginia

Majority of Hurricane Debby Damage Occurred Outside FEMA Flood Zones, Highlights Coverage Gaps

Hurricane Debby caused $12.3 billion in damage, with 78% of affected properties located outside FEMA-designated flood zones. The event underscores the need for updated flood risk assessments and broader insurance coverage.
August 14, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Maryland North Carolina Pennsylvania

Boar’s Head Faces Lawsuits Over Listeria Outbreak

Boar’s Head is facing legal challenges after a massive product recall due to potential Listeria contamination.
August 8, 2024 Life & Health Litigation Missouri New York Virginia

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

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

Historic $3.75M Workers’ Rights Settlement Benefits Over 1,200 D.C. Construction Workers

In a landmark settlement, more than 1,200 construction workers in Washington D.C. will receive restitution for lost compensation and sick leave, marking the largest workers’ rights deal in the city’s history.
July 30, 2024 Fraud Legislation & Regulation Litigation Workers' Compensation District Of Columbia Maryland Virginia
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