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Multiple Fans Injured at Slippery SoFi Stadium After LA Downpour at NCAA Football Championship

Multiple Fans Injured at Slippery SoFi Stadium After LA Downpour at NCAA Football Championship

Multiple fans were injured and carried out on stretchers after slipping and falling at SoFi Stadium in Los Angeles, California, during an NCAA championship football game on Jan. 2, according to reports. Heavy rainfall reportedly caused extremely slippery floors at the stadium, which has a hovering roof that is open on three sides, allowing sideways-blowing rain to enter. In a…

Melted Butter Spills into Historic Canal After Dairy Plant Fire

Melted Butter Spills into Historic Canal After Dairy Plant Fire

A fire broke out in the butter storage room of a dairy plant in Portage, Wisconsin, on Jan. 2, spreading melted butter throughout the facility and into a nearby historic canal. Crews responding to the buttery incident at the Associated Milk Producers plant deployed the same materials used in oil spills to clean up the mess, USA Today reported on…

Property & Casualty Report: Eye on 2023

Property & Casualty Report: Eye on 2023

2022 was a year that few in the Property and Casualty (P&C) sector could have predicted. Instead of stability, the market remained largely volatile, especially in the Property sector and the reinsurance marketplace. Many carriers suffered through unprofitable years thanks to Hurricane Ian, inflation, and an adverse property insurance environment primarily in Florida and Gulf coast states. Above all, losses…

Cookie Wars: Utah Company Sues Competitors Over ‘Confusing Similarities’

Cookie Wars: Utah Company Sues Competitors Over ‘Confusing Similarities’

A legal battle being referred to as the “Utah cookie wars” has drawn multiple bakers of the classic confection into a dispute over potential intellectual property violations. In July, cookie company Crumbl — which launched in Logan, Utah, in 2017 and has since expanded to 600-plus bakeries in the U.S. — filed infringement lawsuits against competitors Crave and Dirty Dough,…

Holiday Parties Involving Alcohol a Major Liability, Experts Warn

Holiday Parties Involving Alcohol a Major Liability, Experts Warn

Nearly 57% of companies will host an in-person holiday party for their employees this year, an increase of over 26% from 2021, according to a new survey. The 2022 Holiday Party Survey Report, released Dec. 2 by executive outplacement firm Challenger, Gray & Christmas, was based on responses from 252 U.S. companies and also noted that more than 42% of…

Neighbors Sue in New York, Claiming Construction Work ‘Compromised Integrity’ of Their Apartments

Neighbors Sue in New York, Claiming Construction Work ‘Compromised Integrity’ of Their Apartments

Residents of a New York City apartment building are claiming in a lawsuit that construction on a neighboring office building caused their property to sink almost an inch into the ground, leading to cracks and separation in multiple apartment units and forcing some residents to move out, Commercial Observer recently reported. Filed in New York County Supreme Court by the…

Property & Casualty Report: Forward Outlook

Property & Casualty Report: Forward Outlook

The fourth quarter began very different than how the majority of the summer months had transpired from a Natural CAT perspective; as Hurricane Ian used the final few days of Q3 to take aim at Florida’s densely populated gulf coast. Despite mandatory evacuations, fairly accurate forecasting of its path and the usual several days to prepare, its damages were devastating.…

Carbon Monoxide Leaks Evacuate Apartments, Sicken Daycare and School Children

Carbon Monoxide Leaks Evacuate Apartments, Sicken Daycare and School Children

Dozens of students from Clemson University in South Carolina were evacuated from an off-campus apartment complex on Oct. 25 due to a carbon monoxide leak that left some residents seeking medical attention for headaches and nausea after possible exposure to the gas. The leak, which may have originated in a main floor retail space where construction work had just been…

Teacher Shortage Prompts New Staffing Tactics, Potentially Increasing Liability Risks

Teacher Shortage Prompts New Staffing Tactics, Potentially Increasing Liability Risks

As students head back into classrooms for the start of a new academic year, an ongoing teacher shortage in both the U.S. and Canada means many schools are operating with a high number of job vacancies — and, in some cases, turning to unusual hiring tactics to help fill the gaps. A new program in Florida will allow military veterans…

Michigan Factory Spills ‘Several Thousand Gallons’ of Toxic Material Into River

Michigan Factory Spills ‘Several Thousand Gallons’ of Toxic Material Into River

A chemical spill from a manufacturing plant in Wixom, Michigan, recently forced the closure of one of southeast Michigan’s busiest state-run parks and put thousands of residents on alert. State officials were notified on Aug. 1 that auto supplier Tribar Manufacturing leaked “several thousand gallons” of a liquid containing 5% hexavalent chromium, a carcinogen, into the Huron River. The release,…

Property & Casualty Report: Q2 2022 Market Overview & Q3 Forecast

Property & Casualty Report: Q2 2022 Market Overview & Q3 Forecast

Macroeconomic trends, namely inflation and rising interest rates, are having a profound effect on the Property & Casualty (P&C) market as we head into the second half of 2022. Inflation impacts everything—from rapidly changing property values to challenges with mid-year reinsurance renewals. These are truly generational inflationary pressures that most professionals within the industry have never personally experienced. Even with…

Back-to-back Alligator Attacks at Florida Establishments Cause Alarm

Back-to-back Alligator Attacks at Florida Establishments Cause Alarm

An 80-year-old Florida woman tragically died July 15 after falling into a pond and being “grabbed” by two alligators, according to reports. The incident occurred at the Boca Royale Golf and Country Club in Englewood, Florida, where the woman reportedly fell into a pond located along the course and struggled to stay afloat before the alligators attacked. [lgc_column grid=\"50\" tablet_grid=\"50\"…

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