Supercharged Hurricane Season Looms in 2024, Experts at AccuWeather Warn
With La Niña’s return and record-warm Atlantic waters, AccuWeather forecasts a potentially explosive hurricane season in 2024.
February 20, 2024
Catastrophe
Marine
Risk Management
Texas
Swiss Re CEO Highlights Climate Crisis as Major Factor in Rising Insurance Costs
The CEO of Swiss Re underscores the need for fair risk valuation amid rising insurance costs, pointing to climate change as a significant driver of recent price adjustments.
February 19, 2024
Catastrophe
Insurance Industry
Risk Management
California
Colorado
Florida
Idaho
New Jersey
Allstate Reports Significant January Catastrophe Losses Amid Auto Rate Hikes
With January’s pretax catastrophe losses hitting $276 million, Allstate outlines its strategy on auto rate increases and its impact on premiums.
February 15, 2024
California
Illinois
New Jersey
New York
Texas
Massive Cheese Product Recall Expands Over Listeria Concerns
The FDA lists 57 products in a growing recall over listeria contamination fears, with an investigation focusing on queso fresco and cotija cheeses.
February 14, 2024
Liability
Life & Health
Alabama
Arizona
California
Colorado
Florida
Texas Public Adjuster Infringes Lloyd’s Trademarks, Court Orders Injunction
A Texas court has issued a permanent injunction against a public adjuster for willfully infringing on Lloyd’s of London’s trademarks.
February 9, 2024
Fraud
Legislation & Regulation
Litigation
Texas
Deepfake Audio of President Biden Used in Voter Suppression Attempt Linked to Texas Company
A sophisticated AI-generated robocall mimicking President Joe Biden and discouraging New Hampshire Democrats from voting traced to a Texas company, highlighting emerging threats in electoral integrity.
February 7, 2024
Fraud
Legislation & Regulation
Technology
New Hampshire
Texas
Florida Bar Greenlights AI Use with Ethical Guardrails for Legal Practice
In a pioneering move, the Florida Bar approves AI for legal use, setting ethical standards to guide lawyers in harnessing AI technology responsibly.
February 2, 2024
Legislation & Regulation
Technology
California
Florida
Illinois
Kentucky
Minnesota
Navigating the New Terrain: How States are Reforming Tort Laws Amid Rising Litigation Challenges
In response to the surge in litigation costs and nuclear verdicts, various states have enacted significant tort reforms to balance corporate accountability and economic growth.
February 1, 2024
Insurance Industry
Legislation & Regulation
Litigation
Florida
Georgia
Indiana
Iowa
Kansas
Fast-Moving Atmospheric River Set to Soak California
A potent atmospheric river is forecast to bring significant rainfall to California, raising concerns over landslides and flooding in already saturated regions.
January 30, 2024
Catastrophe
Property
Risk Management
California
Texas
Houston Attorney Eric B. Dick Faces Second Major Sanction for Frivolous Lawsuits Against Insurer
Eric B. Dick, a Houston plaintiffs’ attorney, is ordered to pay over $100,000 for filing baseless lawsuits against Standard Casualty Co., marking his second major sanction in three months for similar actions.
January 26, 2024
Catastrophe
Insurance Industry
Liability
Litigation
Texas
Texas Law Firm Faces Over $10 Million Judgment for Hurricane Claim Fraud
McClenny, Moseley & Associates, a Texas law firm, is ordered to pay over $10 million for fraudulent activities related to hurricane insurance claims.
January 23, 2024
Catastrophe
Fraud
Litigation
Property
Louisiana
Texas
General Motors Insurance Emerges from OnStar Insurance Rebrand, Aims for Expansion
General Motors Insurance, transitioning from OnStar, focuses on personalized auto insurance with plans to extend its reach beyond Arizona, Texas, and Illinois.
January 19, 2024
Auto
Technology
Arizona
Illinois
Texas
Navigating New Cyber Insurance Challenges and Evolving Coverage
A comprehensive look at the changing landscape of cyber insurance in 2024, highlighting the industry’s response to increased cyber risks, evolving coverage, and regulatory challenges.
January 18, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
California
Texas
Stray Dogs Cause $350,000 Damage at Houston Car Dealership
Two stray dogs are responsible for extensive damage at G Motors in Houston, tearing bumpers and scratching paint off vehicles.
January 11, 2024
Catastrophe
Liability
Property
Weird
Texas
Chesapeake Energy and Contractors Faulted in Fatal 2020 Texas Oil Well Fire
A federal safety board investigation finds Chesapeake Energy and its contractors failed to implement crucial well control measures in a 2020 Texas oil well fire that resulted in three fatalities.
December 29, 2023
Catastrophe
Legislation & Regulation
Liability
Risk Management
Oklahoma
Texas
