With insurance costs for electric vehicles approximately 20% higher than for traditional cars, addressing these premiums is crucial for broader EV adoption.
  May 9   Insurance Thought Leadership Auto Insurance Industry Risk Management Technology

The latest NYC Construction Safety Report reveals a significant reduction in fatalities but an uptick in worker injuries, highlighting both progress and ongoing safety challenges in the construction sector.
  May 8   NYC.gov Insurance Industry Property Workers' Compensation New York

Recent legislative reforms and a mild hurricane season have contributed to the recovery of Florida’s property/casualty insurance market, yet challenges remain for premium costs.
  May 8   Insurance Information Institute Catastrophe Fraud Legislation & Regulation Property Florida

Fannie Mae’s updated guidelines enforce replacement cost coverage, challenging the trend towards actual cash value for homeowners and condo insurance.
  May 8   Carrier Management Catastrophe Insurance Industry Legislation & Regulation Property Florida Kentucky

FM Global’s COO Bret Ahnell speaks with Risk & Insurance and addresses the prolonged hard market, impacts of climate change, and the shift towards renewable energy in property insurance.
  May 8   Risk & Insurance Insurance Industry Property Risk Management

In a significant ruling, the Kentucky Court of Appeals decided a Lyft driver could not collect underinsured motorist benefits from Lyft or her personal auto policy.
  May 8   CLM Auto Insurance Industry Litigation Technology Kentucky

At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
  May 8   Business Insurance Insurance Industry Litigation Risk Management Technology Workers' Compensation New York

Insurance adjusters express concerns over increasing claim volumes and the impact on work-life balance, highlighting industry challenges.
  May 7   Reddit Insurance Industry Property Technology Workers' Compensation Texas

The FAA has launched an investigation into Boeing’s 787 Dreamliner after some employees reportedly skipped critical inspections, falsifying records in the process.
  May 7   CBS News Legislation & Regulation Risk Management Technology

As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
  May 7   Swiss Re Catastrophe Insurance Industry Risk Management Technology

Sentry’s recent report underscores the significant effect of behavioral health on workers’ compensation claims, urging early intervention.
  May 7   Sentry Life & Health Risk Management Technology Workers' Compensation Wisconsin

The National Highway Traffic Safety Administration has initiated an investigation to assess the effectiveness of Tesla’s recall remedies and has requested detailed information from the automaker.
  May 7   Department of Transportation Auto Risk Management Technology California District Of Columbia

Adrian Pellen of NFP discusses leveraging technology and data to optimize insurance strategies in the construction sector at the 2024 RISKWORLD conference in San Diego.
  May 7   Risk & Insurance Insurance Industry Property Technology Arizona California New York

The first quarter of 2024 sees a significant uptick in ransomware attacks, especially on healthcare providers, amidst ongoing cybercriminal activities.
  May 6   Insurance Business Fraud Life & Health Risk Management Technology

Climate change intensifies extreme precipitation, escalating flood risks across the U.S. with significant increases in the Northeast and Midwest.
  May 6   Climate Central Catastrophe Property Risk Management Alabama Alaska Georgia Hawaii Kentucky

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