Risk
Latest Japan 7.5M Earthquake Estimated at $6.4B in Total Insured Losses
The 7.5 magnitude earthquake that struck off the west coast of the island of Honshu in Japan on Jan. 1, 2024, will lead to an estimated $6.4 billion in total insured losses, according to Karen Clark ...
Air Traffic Communication Focus of Fatal Tokyo Runway Crash Probe
Investigators were focusing on communication between air traffic control and two aircraft at Tokyo's Haneda Airport on Wednesday, a day after a large passenger plane and a Japanese coast guard ...
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 ...