Rising Inland Flood Risk Demands Urgent Attention in U.S.

The Insurance Information Institute’s latest report highlights the increasing flood risks faced by inland areas due to shifting weather patterns. Hurricanes, tropical storms, and thunderstorms are pushing the boundaries of flood-prone regions, underscoring the need for better insurance coverage, flood resilience, and mitigation strategies to bridge the protection gap in non-coastal communities.
November 14, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Kentucky New Jersey New York

Widespread Flooding from Hurricane Helene Spotlights Inland Insurance Gaps

The devastation from Hurricane Helene reveals a significant inland flood-protection gap, particularly in flood-prone communities without sufficient insurance coverage, where misinformation and funding challenges further slow recovery efforts.
October 28, 2024 Catastrophe Insurance Industry Legislation & Regulation Risk Management Florida Georgia Kentucky New Jersey New York

Cyberattack on American Water Highlights Urgency of Infrastructure Security

A cyberattack on American Water, the largest U.S. regulated water utility, has paused billing services and renewed concerns over the security of critical infrastructure.
October 11, 2024 Legislation & Regulation Property Risk Management Technology New Jersey

Flood Insurance Program Struggles with Rising Repeat Payouts

As flood risk intensifies, the National Flood Insurance Program is issuing more repeat payouts, with severe repetitive loss properties surging across the U.S., especially in coastal areas vulnerable to storms.
October 7, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Louisiana New Jersey North Carolina

Dockworkers Reach Tentative Deal, Strike Suspended Until January

U.S. dockworkers have suspended their strike after reaching a tentative agreement with terminal operators, securing a wage increase and agreeing to continue negotiations in January.
October 4, 2024 Legislation & Regulation Litigation Risk Management Alabama Florida Georgia Louisiana Maryland

Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts

Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.
September 30, 2024 Liability Property Risk Management Workers' Compensation California Florida Michigan Mississippi New Jersey

New Jersey Supreme Court Expands Duty of Care for Sidewalks Next to Vacant Commercial Properties

The New Jersey Supreme Court ruled that commercial landowners, including those with vacant properties, must maintain public sidewalks abutting their properties in safe condition, aligning with broader public policy principles.
September 23, 2024 Legislation & Regulation Liability Litigation Property New Jersey

Lawmakers Push for UI Fraud Prevention While Improving Equity and Access

In response to pandemic-era unemployment fraud, lawmakers propose solutions to improve fraud prevention and equity in UI systems, leveraging technology and data-sharing practices.
September 18, 2024 Fraud Insurance Industry Legislation & Regulation Technology Alabama Kentucky New Jersey Vermont

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs

The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024 Fraud Legislation & Regulation Property Risk Management Alabama Arkansas Florida Illinois Minnesota

Strangest Claims and Encounters Shared by Insurance Adjusters

Adjusters share bizarre and unsettling stories from the field, ranging from surreal encounters to harrowing situations that shed light on the unpredictable nature of their work.
August 29, 2024 Catastrophe Fraud Liability Weird Nevada New Jersey New Mexico

Pets Overcoming Unusual Mishaps Compete for Nationwide’s 2024 Hambone Award

Nationwide’s 16th annual Hambone Award highlights bizarre pet incidents like a puzzle-eating pup and a toenail-tangled parrot, with voting open through August 22, 2024, to determine the most unusual pet insurance claim.
August 21, 2024 Education & Training Insurance Industry Risk Management Weird Florida Massachusetts New Jersey North Carolina Oregon

Understanding the Causes Behind Connecticut’s Devastating Flash Flooding

The unexpected flash flooding in Connecticut resulted from a weather phenomenon known as training, where storm cells repeatedly formed over the same area.
August 21, 2024 Catastrophe Property Risk Management Connecticut New Jersey New York Pennsylvania

Risk Management Strategies Crucial for PFAS-Related Litigation

With the potential for boundless litigation involving PFAS chemicals, companies must prioritize risk management strategies to identify, assess, and mitigate exposure before costly legal battles arise.
August 15, 2024 Catastrophe Litigation Property Risk Management New Jersey

NOAA Proposes $575 Million for Coastal Climate Resilience

NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.
July 31, 2024 Catastrophe Legislation & Regulation Property Risk Management Alaska California Delaware Hawaii Louisiana

Emerging Challenges in US Workers’ Compensation Market: Swiss Re Analysis

After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
July 23, 2024 Insurance Industry Risk Management Underwriting Workers' Compensation California New Jersey New York
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