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Report: Millions of Properties May be Underinsured Due to Multiple Undetected Structures

An analysis of residential properties across the U.S. shows a large proportion of homes with multiple structures may be underinsured or uninsured because the additional structures sometimes go undetected. ZestyAI, a of climate and property risk analytics provider, sampled 1 …

Report: Wearable Technology May Help Workers’ Comp Insurers Reduce Claims

A new report asserts that wearable technology may help reduce workers’ compensation claims. Devices worn by workers that monitor a worker’s physical condition and movements as well as measure and detect surrounding environmental hazards may guide workers away from dangerous …

US To Require Rear Seat Belt Reminders in Vehicles in 2027

The U.S. Transportation Department said Monday it will require rear seat reminder systems to boost seat belt use starting in late 2027 in a bid to reduce traffic crash deaths and injuries that have been rising in recent years. The …

AccuWeather’s 2024 White Christmas Forecast Calls for Snow in More Areas

Long-range forecasters say more towns and cities across the U.S. could experience a white Christmas this year compared to 2023, bringing a slight possibility that more than half the nation could have some snow on the rooftops on Dec. 25. …

Ruling on Field Stands: Philadelphia Eagles Denied Covid-19 Insurance Claim

The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the federal district for Eastern …

Baltic Sea Countries to Check Insurance on Tankers Moving Russian Oil

Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims. Nations including Denmark, Estonia, …

Nearly 1,000 Feared Dead After Cyclone Hits France’s Mayotte

Local officials in the French territory Mayotte fear as many as 1,000 people have died after Tropical Cyclone Chido hit the archipelago off the coast of Mozambique on Saturday. Emergency crews on Monday worked to rescue survivors amid scenes of …

International, Domestic Insurers Push into Catastrophe-Hit US Property Markets

International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from storms, hurricanes and wildfires in recent years have caused some insurers, …

Lithium-Ion Batteries – What are the Risks?

Battery power is set to gradually replace diesel-fueled generators on many U.K. train routes as the rail industry seeks to cut greenhouse gas emissions and reduce toxic pollutants. Some locomotive manufacturers are reportedly trialing lithium-ion batteries, but there are concerns …

Public Nuisance Claims Denied by Ohio Supreme Court in Opioid Case

The Ohio Supreme Court ruled that the state’s product liability law prohibits counties from bringing public nuisance claims against national pharmaceutical chains as they did as part of national opioid litigation, a decision that could overturn a against the pharmacies. …