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
Washington Court Allows Recovery For Residual Diminished Value Following Vehicle Repairs
One by one, states have begun to recognize a vehicle owner’s third-party claim for residual diminished value damage, or ‘stigma damage’, which is the loss of value of an automobile that remains after it is completely and professionally repaired. It is the loss of value that results from the simple fact that the vehicle has been in an accident.
March 9, 2023
Auto
Subrogation
Washington
Seattle Suing Kia And Hyundai Over Massive Spike In Car Thefts
The City of Seattle filed a lawsuit against automakers Kia and Hyundai this week, saying they disregarded public safety for profitability by failing to install immobilizers on their cars.
January 31, 2023
Auto
Litigation
Washington
Building Must Fall To Trigger Collapse Coverage
Allstate alleged that the property damage was not covered as a "collapse" and was excluded from coverage because it resulted from faulty construction and maintenance. The trial court granted summary judgment dismissing Windcrest’s claims. Windcrest appealed.
January 13, 2023
Litigation
Property
Washington
Freezing Fog Contributed To 30-Vehicle Pileup On Washington Interstate
Thirty vehicles collided early Wednesday morning on Interstate 90, forcing an eight-hour closure of the eastbound lanes of the freeway east of Ellensburg.
December 8, 2022
Auto
Washington
Seattle Homeowners Win Lawsuit After New Home Nightmare
Settling in a new home can take months, but how long should a new homeowner have to notice big problems and sue? The Washington Supreme Court weighed in this week.
October 31, 2022
Liability
Washington
California Leads the Nation in Rising Catalytic Converter Thefts
State Farm has released an update to a previous report it has made regarding recent trends in auto insurance claims having to do with catalytic converter thefts. The trend, though already bad in the last report, has only managed to worsen across the country.
October 5, 2022
Auto
California
Illinois
Minnesota
Texas
Washington
