The iconic 97-year-old Coney Island Cyclone roller coaster in Brooklyn, NY, has been closed indefinitely after a mid-ride halt caused by a damaged chain sprocket. No injuries were reported.
Meteorologists predict an active September in the Atlantic, with up to 10 named storms potentially forming as reduced wind shear and dry air create favorable conditions for hurricane development.
Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
The unexpected flash flooding in Connecticut resulted from a weather phenomenon known as training, where storm cells repeatedly formed over the same area.
Late-reported property claims pose unique challenges for insurers and adjusters, particularly when determining the cause and policy period of a loss. Thorough investigations and documentation are crucial to mitigate risks of litigation and bad faith claims.
Disney is attempting to dismiss a wrongful death lawsuit related to a fatal allergic reaction at one of its restaurants, arguing that the plaintiff is bound by an arbitration clause from a Disney+ trial he signed up for years earlier.
The SEC has charged NovaTech Ltd. and its principals with defrauding over 200,000 investors in a $650 million crypto scheme, targeting the Haitian-American community and relying on a multi-level marketing structure to solicit funds.
Georgia has become one of the least affordable states for auto insurance, with rising costs driven by factors such as legal system abuse, uninsured motorists, and increased litigation, according to a recent IRC study.
A New York man has filed a lawsuit against the Museum of Ice Cream, alleging that the museum’s marketing and inadequate warnings led him to break his ankle after jumping into their sprinkle pool during a 2023 visit.
Homeowners insurance premiums surged by 21% from May 2022 to May 2023, largely due to severe weather events driven by climate change, leaving many homeowners with limited options.
The Q2 2024 Ivans Index reveals an overall increase in premium renewal rates for major commercial insurance lines, with Workers’ Compensation as the exception, showing a year-over-year decrease.
After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
Fourteen NBA teams are accused of using copyrighted music in social media promotional videos without proper licensing, leading to multiple lawsuits by Kobalt and other music companies.