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Record Vehicle Thefts in 2023: A Nationwide Analysis

Record Vehicle Thefts in 2023: A Nationwide Analysis

A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
April 18, 2024 Auto Catastrophe Insurance Industry Colorado Delaware Florida Georgia Illinois

Washington Supreme Court Rules in Favor of Condo Association in Insurance Dispute Over Water Damage

Washington Supreme Court Rules in Favor of Condo Association in Insurance Dispute Over Water Damage

The Washington Supreme Court's recent decision clarifies that all-risk policies cover damages caused by a covered peril, even if initiated by an excluded peril like faulty workmanship.
March 26, 2024 Insurance Industry Legislation & Regulation Litigation Property Washington

Climate and Weather Challenges Escalate Risks and Costs for Organizations in 2023

Climate and Weather Challenges Escalate Risks and Costs for Organizations in 2023

2023 sets a record as the warmest year since 1850, with weather-related disasters costing the US $150 billion annually.
February 22, 2024 Catastrophe Property Risk Management California Hawaii Louisiana Washington

Massive Cheese Product Recall Expands Over Listeria Concerns

Massive Cheese Product Recall Expands Over Listeria Concerns

The FDA lists 57 products in a growing recall over listeria contamination fears, with an investigation focusing on queso fresco and cotija cheeses.
February 14, 2024 Liability Life & Health Alabama Arizona California Colorado Florida

Amazon Faces Class Action Over Alleged Price Manipulation

Amazon Faces Class Action Over Alleged Price Manipulation

A lawsuit claims Amazon manipulates its "Buy Box" to favor higher-priced items, potentially breaching consumer protection laws.
February 9, 2024 Litigation Technology California Washington

Proposal to Introduce Pet Insurance in New York Gains Momentum

Proposal to Introduce Pet Insurance in New York Gains Momentum

New York legislators aim to join other states in offering pet insurance, with proposed bills focusing on regulatory frameworks and consumer protection.
January 30, 2024 Legislation & Regulation Life & Health Property California Maine Mississippi New York Washington

Blizzard Triggers Power Outages and Closures in Oregon and Washington Ski Areas

Blizzard Triggers Power Outages and Closures in Oregon and Washington Ski Areas

Heavy snowfall and high winds cause widespread power outages and force the closure of highways and ski resorts in Oregon and Washington.
January 11, 2024 Catastrophe Insurance Industry Property Risk Management Oregon Washington

US Auto Insurance Premiums Set for Record Increase in 2024

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 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 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

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

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

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

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 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
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