Allstate Becomes One of the First Major Insurers to Explore Quantum Computing Through Chicago Quantum Exchange
Allstate partners with the Chicago Quantum Exchange to explore how quantum computing could transform risk analysis, fraud detection, and customer service in insurance.
May 8
Fraud
Insurance Industry
Risk Management
Technology
Illinois
Indiana
Wisconsin
Where Home Insurance Still Costs Under $1,200 a Year
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Indiana
Louisiana
North Carolina
Ohio
Weather Balloon Cuts Threaten Forecast Accuracy Amid Severe Season
National Weather Service balloon launch reductions, blamed on Department of Government Efficiency (DOGE) staff cuts, threaten forecast accuracy during severe weather season, raising concerns for claims adjusters.
March 25
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Colorado
Maine
Nebraska
New York
South Dakota
Millions of Homeowners Risk Being Underinsured for Detached Structures
AI-based analysis reveals nearly half of U.S. properties have overlooked secondary structures, highlighting risks for homeowners and insurers alike.
December 19, 2024
Property
Risk Management
Technology
Underwriting
California
Georgia
Montana
North Carolina
Rhode Island
Federal Policy Conflicts Could Raise Flood Insurance Costs, Leave Thousands Unaware of Dam Risks
Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
August 26, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Arizona
California
Colorado
Georgia
Minnesota
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
Premium Renewal Rates Increase Across Major Commercial Lines Except Workers’ Compensation
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.
July 25, 2024
Auto
Insurance Industry
Property
Workers' Compensation
Mississippi
Nebraska
New York
Texas
Wisconsin
Delivery Drivers File Wage Claims Against Amazon
Thousands of Amazon Flex drivers have filed claims alleging misclassification as independent contractors, seeking unpaid wages and other financial compensation.
June 13, 2024
Insurance Industry
Legislation & Regulation
Litigation
Workers' Compensation
California
Illinois
Massachusetts
Wisconsin
Illinois Roofing Contractor Pays $365K in Penalties After Labor Department Seizes Assets
An Illinois roofing company has finally paid $365,576 in fines and interest after the Department of Labor seized its assets for repeatedly endangering employees.
May 21, 2024
Legislation & Regulation
Liability
Litigation
Risk Management
Illinois
Wisconsin
Sentry’s Injured Worker Well-being Report Highlights Crucial Link Between Behavioral Health and Recovery Outcomes
Sentry’s recent report underscores the significant effect of behavioral health on workers’ compensation claims, urging early intervention.
May 7, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
Wisconsin
Mild Winter Causes $8 Billion in Economic Losses in Northern Plains and Upper Midwest
The unusually warm winter in the northern Plains and Upper Midwest led to significant economic losses totaling $8 billion, impacting outdoor activities and businesses.
April 18, 2024
Iowa
Michigan
Minnesota
North Dakota
Wisconsin
Tackling the Rising Threat of Snow Melt Flooding
With snow melt floods posing a growing threat in the U.S., insurance experts highlight the importance of adequate coverage and mitigation strategies.
April 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
California
Illinois
Iowa
Kentucky
Massive Storm System Unleashes Severe Weather Across the US, Causing Damage and Outages
A significant storm system brings widespread damage, power outages, and severe weather threats to millions across the central and eastern United States.
April 2, 2024
Catastrophe
Property
Illinois
Indiana
Kentucky
Michigan
Missouri
WD Flooring Faces Hefty Fines for Multiple Safety Violations, OSHA Reports
OSHA proposes a $269,662 penalty against WD Flooring for serious safety violations including electrical and fall hazards, lack of hearing protection, and inadequate training on hazardous chemicals.
March 7, 2024
Legislation & Regulation
Life & Health
Risk Management
Workers' Compensation
Wisconsin
Insights from a Coverage Lawyer: Unpacking the Intricacies of Insurance Law
Beth A. Jenson Prouty, a seasoned coverage lawyer, shares her journey and insights into the specialized, puzzle-like world of insurance coverage law.
November 21, 2023
Education & Training
Legislation & Regulation
Liability
Litigation
Minnesota
North Dakota
Wisconsin
