US Auto Insurance Premiums Set for Record Increase in 2024
As U.S. drivers brace for the highest auto insurance rate hike since 2018, with an average increase of 12.6%, financial pressures mount across states.
January 10, 2024
Auto
Insurance Industry
Legislation & Regulation
Technology
Arizona
California
Connecticut
Florida
Georgia
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
Rite-Aid’s Facial Recognition Misstep Teaches Valuable Lessons to Insurance Sector
Rite-Aid’s recent facial recognition debacle highlights key lessons for insurance companies in balancing innovation with practical implementation and legal compliance.
December 26, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Michigan
Virginia
Washington
Insurance Rate Secrecy Protected by Court in Key Legal Decision
Examining the court’s decision to seal crucial insurance rate information, weighing transparency against the need for competitive confidentiality.
December 21, 2023
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Washington
Multi-Million-Dollar Insurance Fraud Ringleader Captured After Four Years as a Fugitive
After a lengthy pursuit, US Marshals arrest William Maze, the alleged leader of a vast insurance fraud operation, marking a significant breakthrough in the case.
December 4, 2023
Auto
Fraud
Legislation & Regulation
Florida
Nevada
Washington
The Human Cost of Automated Health Claims: A Struggle for Coverage
Patients and doctors challenge a major insurer’s reliance on technology for processing health claims, highlighting a loss of personal touch and rising legal concerns.
November 28, 2023
Legislation & Regulation
Life & Health
Litigation
Technology
California
Washington
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
SpaceX’s Workplace Safety Under Scrutiny Amid Rising Injuries and Regulatory Lapses
SpaceX’s rapid growth and technological advancements are overshadowed by rising worker injuries and weak regulatory responses, highlighting major safety concerns.
November 14, 2023
Legislation & Regulation
Liability
Risk Management
Workers' Compensation
California
Florida
Texas
Washington
Homeowners Insurance Affordability Study Reveals Significant Variations Across States
A recent study by the Insurance Research Council reveals stark differences in homeowners insurance affordability across the United States.
November 14, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
New Hampshire
Rethinking Road Rules: U.S. Cities Contemplate ’Right on Red’ Prohibition to Safeguard Pedestrians
A dramatic rise in accidents killing or injuring pedestrians and bicyclists has led to a myriad of policy and infrastructure changes.
November 7, 2023
Auto
Legislation & Regulation
Liability
Risk Management
California
District Of Columbia
Illinois
Michigan
Washington
Many Structures Destroyed as Wildfires Sweep Through Eastern Washington
A series of fast-moving wildfires have left a trail of destruction across eastern Washington, with two fatalities and countless individuals under mandatory evacuation orders.
August 21, 2023
Property
Washington
OIC’s Report on Insurance Claim Complaints Sparks Debate in Washington State
Insurance advocacy groups in Washington state are pushing back against a new study released by the Office of the Insurance Commissioner highlighting the recent increase in insurance claim complaints.
July 24, 2023
Auto
Insurance Industry
Washington
Attorneys General Request Hyundai, Kia Recalls Due To Prevalent Thefts
Seventeen state attorneys general have called on the federal government to recall millions of Kia and Hyundai cars due to their susceptibility to theft, which has been amplified by a viral social media challenge.
April 21, 2023
Auto
Subrogation
Arizona
California
Colorado
Connecticut
Illinois
Earthquake Damage Estimates Doubled: $14.7B In Annualized Losses
Earthquakes cause $14.7 billion in damages and related losses on an annualized basis in the U.S., according to an updated estimate from the U.S. Geological Survey (USGS) and the Federal Emergency Management Agency (FEMA).
April 21, 2023
Catastrophe
Property
California
Oregon
Washington
Seattle Marina Fire Destroys 30 Boats, Arson Suspect Arrested
Flames engulfed a marina in Seattle’s University District, burning dozens of boats early Wednesday. According to the Seattle Fire Department, as many as 30 boats at a dry rack storage facility were burning when firefighters arrived and the fire had spread to an adjacent warehouse.
March 22, 2023
Marine
Washington
