Westport Insurance achieves victory as Kentucky court resolves coverage trigger dispute

Kentucky’s highest court has ruled in favor of Westport Insurance in a dispute over coverage related to a wrongful conviction case. The court decided that Westport’s law enforcement liability policies, which are based on occurrences during the policy period, only trigger coverage when charges are filed—not during the time of incarceration that follows. This ruling … Read more

The Specter of Hurricane Katrina Shadows Catastrophe Modelers

When Hurricane Katrina hit New Orleans in August 2005, it caused the biggest insurance losses ever seen from a natural disaster. The city’s flood defenses – walls, levees, and pumps – failed to hold back the water. But it wasn’t just the infrastructure that let people down. The models insurers used to predict and price … Read more

Mining company sues Zurich for over $130 million following Hurricane Helene

Sibelco North America has filed a lawsuit against Zurich American Insurance Co., seeking over $130 million in damages following Hurricane Helene. The mining company claims the insurer failed to cover property damage and business losses sustained during the storm, which hit North Carolina in late September 2024. Hurricane Helene struck the Spruce Pine area on … Read more

Insurance for Heavy Civil Contractors: Risk Management on Infrastructure Projects

Heavy civil contractors are the backbone of the infrastructure projects that keep our daily lives moving. From building roads and bridges to installing underground utilities, these contractors handle large-scale jobs that shape our communities. With over 1.17 million workers employed across nearly 19,000 heavy engineering construction firms in the U.S., the scope and scale of … Read more

NOAA Creates Tool to Forecast Hourly Wildfire Risks in the US

Scientists at the National Oceanic and Atmospheric Administration (NOAA) have developed a new tool to better predict wildfire risks across the United States. Based in Boulder, Colorado, NOAA’s Global Systems Laboratory spent several years creating an index that provides hourly updates on wildfire potential. This means forecasters, firefighters, and land managers can get more detailed … Read more