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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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By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group We are pleased to share our third quarter Property & Casualty Market Overview and Forecast, prepared immediately following industry conferences and meetings that are clear bellwethers of what to anticipate. September, as we know, is Reinsurance Month which sets the stage for pivotal year-end negotiations of January 1…
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https://vimeo.com/631075987/bf9b2f5778
One of the first pairs of sneakers Michael Jordan wore as a professional basketball player could become the most valuable pair ever sold at auction, CNBC recently reported. The red-and-white Nike Air Ships, which Jordan wore in 1984 during his rookie season, are being offered by Sotheby’s and opened for advanced bidding on Oct. 8. The signed sneakers are estimated…
It is a cautious time for underwriters in the Healthcare insurance industry. The overall hardening of the market continues into 2021 and carriers are pulling back on coverage in key areas in the wake of the COVID-19 pandemic—most notably Senior Care and Nursing Homes. Meanwhile, the Medical Malpractice market expects to see claims of up to $20 billion over the…
A recent video that shows a man stumbling off a Tennessee pedal pub and falling into a moving car has added to growing concerns over the safety of open-air bike bars and other so-called “transportainment” vehicles where alcohol is served. In the video, a man is seen sitting in the backseat of a parked Nashville Pedal Tavern vehicle before falling…
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