Risk
Reports of Shoplifting in 2023 16% Higher Than in 2019
An increase in reported shoplifting incidents appear to be higher, in part, due to a rise of such crimes in New York City, posits a new report by the Council on Criminal Justice. Reported shoplifting ...
EPLI Claims Trends to Watch in 2024
Looming post-pandemic lawsuits, more marijuana-related legislation, age discrimination and retaliation claims are the top concerns in Employment Practices Liability (EPL) insurance, according to a ...
California’s Below-Normal Snowpack Start for the Year a Cause for Concern
California is beginning 2024 with a below-normal mountain snowpack a year after it had one of its best starts in decades, and officials said Tuesday that the weather whiplash has made the outcome of ...
AIG Leads Policy for Japan Airlines Plane Involved in Collision
U.S. insurer AIG was the lead insurer on a $130 million "all-risks" policy for the Japan Airlines airplane which collided with another plane at Tokyo's Haneda airport, two insurance industry sources ...
States, Congress Wrestle With Cybersecurity at Water Utilities
The tiny Aliquippa water authority in western Pennsylvania was perhaps the least-suspecting victim of an international cyberattack. It had never had outside help in protecting its systems from a ...
Odometer Fraud Up in the U.S.
Odometer rollbacks are on the rise nationwide. The number of vehicles with suspect odometers tops 2 million, according to the latest CARFAX data. Roughly 2.1 million vehicles on the road have had ...
New Year’s Day Road Deaths Expected to Decline This Year
An estimated 375 people could die on U.S. roads this New Year's Day holiday period, according to analysis by the National Safety Council (NSC). This number is down 8 percent from the 408 deaths ...
Analysis: Strong El Niño Could Equate to More Floods This Winter
A recent analysis by NASA's sea level change science team finds that if a strong El Nino develops this winter, coastal cities along the western U.S. seaboard could see an increase in the frequency of ...