InsuranceEDGE | BuildingMetrix

InsuranceEDGE | September 30, 2021 | BuildingMetrix

Written by WSRB | September 30, 2021
 
Headlines
 
 
 
Understand and manage emerging and evolving risks, including wildfire, cannabis and adult family homes with data now included in your WSRB subscription.
 
 

 

Business
 
 
 
Executives of carriers and brokers confirmed that requiring employees to work in the office not only means few responses to advertisements for open positions but also has some current workers heading for the exits.
 
 
According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an insurance agent or broker to help them understand and manage risk.
 
The U.S. Equal Employment Opportunity Commission’s recognition that long COVID-19 may be considered a disability under the Americans with Disabilities Act is expected to increase employers’ potential liability.
 
 
Industry experts said there is a national glass shortage and car windshields are in big demand. Customers have waited on providers to restock for up to eight weeks because of the shortage.
 
California Insurance Commissioner Ricardo Lara on Friday ordered the FAIR Plan to offer a homeowners policy, in addition to its current dwelling fire coverage, with more traditional homeowner features
 
 

 

Education
 
 
 
The Virginia Supreme Court ruled that Steadfast Insurance Co. had no duty to defend and indemnify its insured, energy company AES Corp., for claims arising from a global warming lawsuit under a commercial general liability coverage policy.
 
 
The country’s flood insurance market is slowly transitioning toward private insurers providing additional options to the federal government’s program for those seeking coverage.
 
 
Ransomware threats are becoming more frequent and threat actors more sophisticated, says a study issued Wednesday by cyber risk and response company NetDiligence.
 
 

 

Environment
 
 
 
The green metal roof on Mary Bradshaw's house gleams amid scorched earth and dead, blackened trees. All of the surrounding homes burned in last year's Beachie Creek Fire in Oregon's Santiam Canyon, but hers was untouched.
 
The effects of climate change are already here. With frequent floods, higher temperatures, and more extreme weather events, climate change has the very real potential to drastically change our lives.
 
 

 

Innovation
 
 
 
A new study that looked at demographic and industry-level data in 60 countries found a powerful link between aging workforces. It turns out robots are taking over jobs fastest around the world in places where their human counterparts are aging the most rapidly. 
 
 

About InsuranceEDGE

 

 

Curated weekly by BuildingMetrix experts,  InsuranceEDGE helps you work smarter. You don't want to miss an issue. Get InsuranceEDGE delivered to your inbox every Thursday. BuildingMetrix is a WSRB company. 
 
 
 

 

 Share this edition of InsuranceEDGE