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140-MPH Tornado Strikes Before Warning, Exposing Costly Coverage Gaps
Inside This Article: An EF3 tornado with estimated 140-mile-per-hour winds reached Wisconsin communities before a tornado warning could be issued and caused extensive damage to buildings and utilities, news outlets reported. Severe storms accounted for eight of the 12 billion-dollar weather and climate disasters recorded in the U.S. during the first half of 2026, according to Climate Central. Today’s Homeowners Insurance policies increasingly
Claude AI Models Breach 3 Organizations During Testing
Inside This Article: Claude AI models recently gained unauthorized access to three outside organizations’ systems during cybersecurity evaluations, according to Anthropic. Anthropic uncovered the incidents during a review of 141,006 evaluation runs and said two affected organizations had not detected the breach before being notified. Cyber & Privacy Liability Insurance and Technology Errors & Omissions (E&O) Insurance may respond to losses involving
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The former chief financial officer of the Detroit Riverfront Conservancy is being accused of embezzling $40 million from the nonprofit organization over a period of more than 11 years. William Smith was recently charged with bank and wire fraud after allegedly stealing millions of dollars and spending it on airline tickets, hotels, luxury goods, real estate and more. He has…
Work-related fatalities at New York City building construction sites reached their lowest point in almost 10 years in 2023, according to new data from the city, but work-related injuries increased 25%, Safety+Health magazine reported on May 23. The Department of Buildings\' annual Construction Safety Report indicated that there were 841 building construction-related incidents, 692 injuries and…
A tragic incident involving a bounce house that was set up at a family’s home in Casa Grande, Arizona underscores the potential dangers and protections needed for such attractions. According to reports, a sudden gust of wind sent the bounce house into the air and onto a neighboring property, impacting two young children. “It is heartbreaking,” said Andy Sable, Senior…
From theft and vandalism to product recalls and lawsuits, cannabis companies face a variety of risks as they operate in a rapidly changing industry. To learn how Cannabis Insurance can help protect these businesses against losses, we spoke with Jason Scheurle, National Product Leader, Cannabis, Burns & Wilcox, based in Philadelphia, Pennsylvania. What are some of the greatest risks in…
Cannabis could be reclassified from a Schedule I to a Schedule III drug under a new rule recently proposed by the U.S. Justice Department, according to reports. While some experts say it represents a historic shift in policy, the proposed change would not legalize marijuana, but would ease federal restrictions on the substance and put it in the same class…
A woman who was assaulted in her apartment after a stranger broke in through the unit\'s back sliding door is suing the housing complex for over $1 million, claiming the attack could have been prevented if the broken back door lock had been fixed when she and her roommate first reported it. The Austin, Texas, woman filed the lawsuit against…
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