AI & Technology Cost of a Data Breach Reaches Record $5 Million on Average Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a... Read More
Florida’s Fix for Insurance Crisis Puts More Risk on Homeowners Florida lawmakers knew they had a billion-dollar insurance problem. The state is a magnet for hurricanes, and the cost of... Read More
eBay Settles Massachusetts Couple’s Harassment, Stalking Claims for $55.7 Million After six years of civil and criminal charges and proceedings, online shopping company eBay and several former executives will pay... Read More
Spain and France Race to Contain Fires as Next Heat Wave Builds Firefighters in Spain and France are racing to contain wildfires threatening Madrid and Bordeaux, as Europe’s fourth heat wave of... Read More
Jury Awards 78-Year Old Victim $56 Million for Crash Caused by Amazon Delivery Driver A Massachusetts jury has awarded $56 million to a 78-year old man who suffered catastrophic physical and brain injuries after... Read More
El Niño’s Promise of Quieter Hurricane Season May Not Guarantee Good News for Insurers or insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of... Read More
Heat Worries US Wheat Farmers Just as Crop Prices Are Surging For farmers in North Dakota surveying their wheat as harvest closes in, scorching heat is threatening yields just as crop... Read More
NJ High Court Rules Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration New Jersey’s high court has ruled that Allstate Insurance has a right to a jury trial for its fraud and... Read More
Man Once Sued in Subrogation Case Charged With $159K in Fraudulent Insurance Claims A central Florida man who has been cited for numerous traffic violations and who was once sued by State Farm... Read More
Florida’s Share of US Claims Lawsuits Down to Nearly Half of 2020 Numbers, Data Show At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement... Read More