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Contractor Files Coverage Lawsuit Against Six CGL Carriers Over Progressive Property Damage

Contractor Files Coverage Lawsuit Against Six CGL Carriers Over Progressive Property Damage

A Texas contractor alleges multiple CGL carriers denied defense and indemnity for progressive facade damage, raising questions about trigger of coverage and claims handling obligations.
April 8 Insurance Industry Legislation & Regulation Litigation Property Texas

Triple-I Pushes Tort Reform Awareness as Premium Pressures Persist

Triple-I Pushes Tort Reform Awareness as Premium Pressures Persist

Triple-I expands its national awareness effort, tying litigation trends to insurance affordability and urging legislative reform.
April 8 Insurance Industry Legislation & Regulation Litigation Property Risk Management California Florida Georgia Illinois Louisiana

Florida Law Reduces Permit Requirements and Expands Private Inspections

Florida Law Reduces Permit Requirements and Expands Private Inspections

HB 803 waives permits for small jobs but adds carveouts, documentation rules, and liability protections that reshape claim investigations.
April 8 Fraud Legislation & Regulation Property Risk Management Subrogation Florida

Public Adjuster Charged in Multi-State Insurance Fraud Scheme Targeting Homeowners

Public Adjuster Charged in Multi-State Insurance Fraud Scheme Targeting Homeowners

Authorities say insurance claim funds were diverted and signatures forged, with elderly homeowners among the victims. Investigators believe more policyholders may be affected.
April 6 Fraud Insurance Industry Legislation & Regulation Property Risk Management New Jersey Pennsylvania

Inland Marine Insurance Hits 20 Years of Profitability as Market Competition Expands

Inland Marine Insurance Hits 20 Years of Profitability as Market Competition Expands

Twenty straight years of underwriting gains highlight stability, with growth tied closely to construction, freight, and economic activity rather than litigation pressures.
April 3 Insurance Industry Marine Property Risk Management

Smart Water Shutoff Devices Cut Claim Frequency by 81%, Study Finds

Smart Water Shutoff Devices Cut Claim Frequency by 81%, Study Finds

New carrier-backed study shows significant drops in water damage claim frequency and severity, with implications for underwriting and loss prevention strategies.
April 1 Property Risk Management Technology Underwriting

Cyberattacks on Hospitals and Infrastructure Signal Rising Claims Risk

Cyberattacks on Hospitals and Infrastructure Signal Rising Claims Risk

Iran-linked cyber activity targeting hospitals, infrastructure, and mobile devices shows how digital attacks are reshaping risk exposure and insurance claims.
April 1 Catastrophe Liability Property Risk Management Technology

2025 Catastrophe Losses Hit $127B Insured as Wildfire and Storm Claims Surge

2025 Catastrophe Losses Hit $127B Insured as Wildfire and Storm Claims Surge

Aon report highlights how wildfire and severe convective storm losses are reshaping insured catastrophe trends despite lower overall disaster activity.
April 1 Catastrophe Insurance Industry Property Risk Management Technology

Arctic Sea Ice Hits Record Winter Low as Global Heat Shatters March Records

Arctic Sea Ice Hits Record Winter Low as Global Heat Shatters March Records

Record March heat across the U.S., Mexico, Africa, Europe, Asia and Australia adds to warnings about climate-driven risk. For insurers and adjusters, the trend points to growing catastrophe exposure and harder-to-predict loss patterns.
April 1 Catastrophe Insurance Industry Property Risk Management

Manual Claims Processing Costs Insurers Millions Annually, Automation Cuts Costs Fast

Manual Claims Processing Costs Insurers Millions Annually, Automation Cuts Costs Fast

Legacy workflows and document-heavy processes are driving up claim costs and cycle times, while targeted automation offers measurable savings within months.
April 1 Insurance Industry Property Risk Management Technology

Court Confirms Depreciation on Repair Costs Under ACV Policies

Court Confirms Depreciation on Repair Costs Under ACV Policies

Sixth Circuit ruling confirms insurers can deduct depreciation from repair payments unless policyholders complete repairs to trigger replacement-cost coverage.
March 30 Insurance Industry Legislation & Regulation Litigation Property

AccuWeather 2026 Hurricane Forecast Warns of 3 to 5 Direct U.S. Impacts

AccuWeather 2026 Hurricane Forecast Warns of 3 to 5 Direct U.S. Impacts

AccuWeather expects a near- to below-average Atlantic season, but warns of 3 to 5 direct U.S. impacts, rapid intensification, and high exposure along the Gulf Coast and Carolinas.
March 25 Catastrophe Insurance Industry Property Risk Management

Auto Insurance Reserve Redundancy Signals Rate Cuts in 2026

Auto Insurance Reserve Redundancy Signals Rate Cuts in 2026

Declining auto claims and reserve releases point to softer pricing in 2026, while liability lines continue to face reserve pressure and social inflation challenges.
March 23 Auto Insurance Industry Liability Property Underwriting

Hawaii Flooding Triggers Evacuations as Storm Damage Tops $1 Billion

Hawaii Flooding Triggers Evacuations as Storm Damage Tops $1 Billion

Back-to-back storms have caused major flooding across Hawaii, forced thousands to evacuate, and damaged homes, roads, hospitals, schools, and other infrastructure.
March 23 Auto Catastrophe Property Risk Management Hawaii

Florida Safe Home Grants Questioned Over Roof Effectiveness and Insurance Savings

Florida Safe Home Grants Questioned Over Roof Effectiveness and Insurance Savings

Lawmakers and inspectors question whether roof-focused mitigation grants reduce claims or premiums, citing verification gaps and limited insurance credits.
March 23 Catastrophe Legislation & Regulation Litigation Property Underwriting Florida
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