Editor’s Picks for July 2024

• Fall Forecast Calls for Stubborn Heat, Increased Wildfire Risks, Severe Weather
• Extreme Weather Sends Insured Losses 70% Above Historical Norms
• Wildfire in California Now State’s Fifth Largest on Record, Destroyed 277 Structures
• AM Best: Migration to Cat-Prone States Fueled Record HO Underwriting Losses in 2023
• Meta to Pay $1.4B to Settle Texas Facial Recognition Data Lawsuit
• AccuWeather: Tropical Threat Developing in Atlantic Could be Next Named Storm
• Cannabis Firm Fights Insurer’s Denial of Business Income Loss Claim Following Fire
• Bridging the Flood Insurance Gap – A Call to Action
• Allstate’s National General Sued by DOJ Over Alleged Force-Placed Insurance ‘Scheme’
• The Challenges of Flood Disaster Recovery in Urban Environments
• ‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules
• CrowdStrike’s Tests Failed to Flag Bug Behind Epic Crash
• Analyzing Business Income Losses Following Ingress/Egress & Service Interruptions
• How California’s Homeowners Insurance Crisis is Affecting Brokers
• With American Mobile Cancellations, Florida Mobile Home Market Has ‘Fallen Apart’
• Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage
• U.S. Severe Storms Continue to Drive Global Natural Disaster Losses: Gallagher Re
• AT&T February Wireless Outage Blocked More Than 92M Calls, Agency Says
• Insurers Face Business Interruption Claims After Global Tech Outage
• Global IT Collapse Puts Cyber Firm CrowdStrike in Spotlight
• Study Urges Rethinking of Disaster Management in Era of Compounding Events
• Hard Market Conditions Expected to Ease in 2025 as Claims Inflation Softens: Swiss Re
• Amazon Worker Injured Due to Repetitive Tasks Loses Workers’ Compensation Bid
• The Problem(s) With Hail Claims – Part 3
• Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s
• Federal Appeals Court Upholds Dismissal of Manufacturer’s COVID-19 Claims
• AIG Files Amended Suit Against Former Execs, Dellwood Insurance
• South Carolina High Court Urges Legislative Fix to Pre-existing Health Issue in Workers’ Comp
• Just a Category 1 Hurricane? Don’t Be Fooled by A Number
• Report: Impact of BEC Attacks on U.S. Companies Misunderstood
• Insurers See Minimal Impact From Hurricane Beryl, but They’re Bracing for an Active Season
• Healthcare Companies Are Sending Customer Data to Big Tech
• Damage From Hurricane Beryl May Cost Insurers $2.7B in U.S., Modeler Says
• Leveraging Artificial Intelligence in Claims Processing: A Balanced Perspective
• Progressive Settles New York Case Over Unpaid Sales Taxes on Total Loss Claims
• CSU Research Team Increases Atlantic Hurricane Forecast
• Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling
• Economic Loss in U.S. From Beryl Between $28B and $32B, Report Shows
• Insurers Fret Over Militant Attacks, AI Hacks and Big Claims at Paris Olympics
• GEICO to Pay $6 Million to Settle Auto Adjusters’ Claims of Unpaid Overtime Hours
• Crypto Hacking Thefts Double to $1.4B in First Half of 2024, Researchers Say
• Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims
• State Farm Seeking Large Rate Increases in Wildfire-Prone California
• U.S. P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red
• Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site
• U.S. Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair
• CDK Expects All Dealers to Be Live by Early July 4
• California Wildfire Outlook: ‘A Challenging Season for Firefighters’
• Report: Hurricane Beryl May Generate $1B-$1.5B in Insured Losses Across Windward Islands
• Texas Health System Loses COVID-19 Business Interruption Suit – 5th Circuit

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