Is crisis the “new normal?” We have always seen our fair share of catastrophic events and crises. But, in recent years those events seem to be increasing in frequency and severity. We are seeing more headline-grabbing disasters like data breaches, …
Driver mistakes play a role in virtually all crashes. That’s why automation has been held up as a potential safety game changer. But autonomous vehicles might prevent only around a third of all crashes if automated systems drive too much …
Insurance for a condominium association is designed to finance the insurable exposures for the association. These exposures include the property and several liability exposures, including what would be covered by a commercial general liability policy, directors and officers liability policy, …
Gov. John Bel Edwards in July signed into law changes to Louisiana’s civil litigation rules aimed at restraining the money people can win against insurance companies and businesses in car accident lawsuits. The Democratic governor had vetoed an earlier, more …
COVID-19 has thrown the world into a tailspin over the past several months, and businesses everywhere have had to adjust their models to accommodate the new environment. With hurricane season now in full swing, planning and preparation for natural disasters …
As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29%) of the U.S. population in the nation’s 255 coastline counties. They’re also looking at ways to minimize the impact of a hurricane on coastline …
Failure to rein in climate change and bolster sea defenses could jeopardize up to a fifth of the world’s economic output by the end of the century, as flooding threatens coastal countries worldwide, according to a new study. From Bangladesh …
A Kentucky teen and The Washington Post have settled a lawsuit over the newspaper’s coverage of his encounter with a Native American man at the Lincoln Memorial in Washington last year. The teen’s lawyers said on social media that they …
Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one CEO Elon Musk says will be “revolutionary.” And he’s inviting actuaries to join his cause. “I would love to have …
Florida’s state-run insurer Citizens Property Insurance Corp. has extended its moratorium on cancellations and nonrenewals until the end of 2020 despite previously announcing it would resume processing them on Aug. 15. The decision comes after Florida CFO Jimmy Patronis urged …
