Risk
Palisades Fire Litigation: Suit Alleges LA Utility Mismanaged Water Supply
A lawsuit filed against the Los Angeles Department of Water and Power on Monday accuses the public utility of failing to properly manage water supplies critical to fighting the deadly Palisades Fire, ...
Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion
The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion. The fresh figure Jan. 14 from ...
New Commercial Auto Exposures: The Evolution of Terror Liability Risk
While it may be too soon to talk about the insurance impact of tragic events, that is what we do in the insurance industry. So, hopefully you will understand my attempt to be clinical here and make ...
Are Cars ‘Structures’? Tallying the Damage from the Los Angeles Wildfires
The extent of the damage from wildfires ravaging the Los Angeles area is horrific however it's tallied: Neighborhoods have been erased, landmarks destroyed and lives lost. But officials have prompted ...
Edison Utility Sued Over Role of Equipment in Los Angeles Fire
Edison International Inc.'s southern California utility was hit with a lawsuit blaming the energy provider's equipment for igniting one of the wildfires still raging in the second-largest US ...
IIHS Finds That Reflective Clothing Confuses Pedestrian Crash Prevention Sensors
Reflective clothing designed to make pedestrians stand out to human drivers may make them invisible to automated crash prevention systems, according to a new study by the Insurance Institute for ...
First 2025 Atlantic Hurricane Season Forecasts 7 Named Storms
An early prediction of the 2025 Atlantic hurricane season suggests there will be 15 tropical storms, with 7 named storms, according to Tropical Storm Risk (TSR). In a forecast summary released last ...
Business Groups, Trial Lawyers at Odds Over Georgia’s Latest Push to Curb Lawsuits
After years of stalled efforts to limit civil lawsuits, Georgia Gov. Brian Kemp and Republican lawmakers are doubling down with a new push. Supporters, most prominently business groups, call the ...