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Water Damage Tops Home Insurance Claims Despite Homeowners Fearing Fire

Water Damage Tops Home Insurance Claims Despite Homeowners Fearing Fire

A new PEMCO survey shows many homeowners overestimate fire risk while underestimating costly water damage, creating opportunities for insurers and agents to promote leak detection technology during policy renewals.
June 30 Property Risk Management Technology Underwriting Oregon Washington

Washington Restaurants Ordered to Pay $750K in Unpaid Wages

Washington Restaurants Ordered to Pay $750K in Unpaid Wages

A federal court ordered four Washington restaurants to pay $750,000 in back wages and damages to 42 workers after a U.S. Department of Labor investigation found overtime, minimum wage, child labor, and retaliation violations.
June 29 Legislation & Regulation Litigation Washington

West Coast Chemical Tank Failures Spotlight Inspection Gaps and Industrial Safety Risks

West Coast Chemical Tank Failures Spotlight Inspection Gaps and Industrial Safety Risks

Deadly incidents in Washington and California are drawing attention to chemical storage inspections, emergency planning, and the risks tied to aging industrial tanks. Regulators and safety experts say maintenance failures can quickly escalate into major claims events.
May 28 Catastrophe Legislation & Regulation Liability Litigation Property California Washington

Washington Court Bars Insurers From Suing Defense Counsel via Assigned Malpractice Claims

Washington Court Bars Insurers From Suing Defense Counsel via Assigned Malpractice Claims

A ruling tied to a $5M settlement and discovery failures restricts insurers from pursuing assigned malpractice claims against defense counsel under reservation of rights.
April 8 Insurance Industry Legislation & Regulation Liability Litigation Washington

Washington Landlord Sues State Farm Over Seven-Adjuster Water Damage Claim

Washington Landlord Sues State Farm Over Seven-Adjuster Water Damage Claim

A Spokane Valley landlord alleges repeated adjuster turnover and underpayment left a rental property uninhabitable for months and triggered lien filings and litigation.
February 6 Insurance Industry Legislation & Regulation Litigation Property Washington

Frozen Pipes Drive $628 Million in State Farm Water Damage Losses

Frozen Pipes Drive $628 Million in State Farm Water Damage Losses

New claims data shows freeze-related water losses remain a major severity driver, with average payments exceeding $30,000 and repairs stretching for months.
January 27 Catastrophe Insurance Industry Property Risk Management Illinois Oregon Tennessee Texas Washington

High Noon Recalls Vodka Seltzers After Label Mix-Up with Celsius Energy Drinks

High Noon Recalls Vodka Seltzers After Label Mix-Up with Celsius Energy Drinks

High Noon is recalling vodka seltzers mistakenly labeled as Celsius energy drinks, leading to a risk of accidental alcohol consumption. No illnesses have been reported.
August 1, 2025 Insurance Industry Legislation & Regulation Property Risk Management Florida Michigan New York Ohio Oklahoma

States Move to Require Speed-Limiting Tech for High-Risk Drivers

States Move to Require Speed-Limiting Tech for High-Risk Drivers

In response to rising traffic deaths, several U.S. states are advancing legislation requiring speed-limiting devices in vehicles driven by repeat offenders or high-risk drivers.
May 7, 2025 Auto Legislation & Regulation Risk Management Technology California District Of Columbia Georgia New York Virginia

Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim

Man Wanted After Allegedly Faking Supermarket Fall to File False Insurance Claim

Authorities in Kittitas County, WA are searching for a suspect accused of staging a fall in a grocery store to file false insurance claims totaling nearly $10,000.
April 18, 2025 Fraud Insurance Industry Litigation Property Washington

Two Fraudsters Admit to $577 Million Cryptocurrency Scam

Two Fraudsters Admit to $577 Million Cryptocurrency Scam

Two Estonian men have pleaded guilty to running a $577 million cryptocurrency Ponzi scheme that defrauded hundreds of thousands worldwide. They now face up to 20 years in prison.
February 17, 2025 Fraud Legislation & Regulation Litigation Technology Washington

Global Insurance 2025: Navigating Challenges to Achieve Growth

Global Insurance 2025: Navigating Challenges to Achieve Growth

The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.
December 9, 2024 Catastrophe Property Risk Management Technology California Florida New York Washington

Homeowners Face Triple Disaster Risks and Insurance Gaps

Homeowners Face Triple Disaster Risks and Insurance Gaps

Over 33,000 U.S. homes face extreme risks from three natural disasters, exposing gaps in insurance coverage and highlighting the urgent need for multi-peril resilience planning.
December 3, 2024 Catastrophe Insurance Industry Property Risk Management California Florida Texas Washington

Legal System Abuse: The New Name Driving Insurance Industry Reform

Legal System Abuse: The New Name Driving Insurance Industry Reform

Insurance leaders at Triple-I's 2024 Joint Industry Forum rebrand "social inflation" as "legal system abuse" to improve communication and drive legal reform for cost control.
December 3, 2024 Fraud Legislation & Regulation Litigation Risk Management Florida Georgia Kansas Louisiana Washington

Thanksgiving Travel Expected to Break Records, Says AAA

Thanksgiving Travel Expected to Break Records, Says AAA

Thanksgiving travel this year is expected to surpass pre-pandemic levels, with nearly 80 million Americans traveling by car, air, and other modes, setting new records across the board.
November 22, 2024 Auto Insurance Industry Risk Management California Florida Hawaii New York Washington

West Coast Faces Extreme Weather: Bomb Cyclone and Atmospheric River Threaten Devastation

West Coast Faces Extreme Weather: Bomb Cyclone and Atmospheric River Threaten Devastation

A historic bomb cyclone brings hurricane-force winds and mass power outages to the Pacific Northwest, while a converging atmospheric river intensifies the threat with flooding rains.
November 20, 2024 Catastrophe Property Risk Management California Oregon Washington
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