Facing a $38 billion underwriting loss and increased natural catastrophe damages, insurers explore predictive and preventive measures for sustainability.
In a landmark collaboration, TMPAA and The Institutes announce the Program Business Professional (PBP) designation, enhancing program business education.
Subaru recalls select Outback and Legacy models due to a defect potentially preventing airbag deployment, ensuring passenger safety with a free sensor replacement.
After a catastrophic accident involving a ship and a Baltimore bridge, the vessel’s owner looks to an old maritime law to potentially cap damages, reshaping the financial aftermath.
A Canton man, acting as an insurance adjuster, was sentenced to three years in prison for stealing $108,000 from a couple after their home was destroyed by fire.
After facing underwriting losses for years due to hurricane damages, Florida’s property insurers reported profits in 2023, signaling a potential market turnaround.
A cyberattack leveraging long-standing cybersecurity vulnerabilities at Clorox led to widespread production halts, underscoring the critical need for updated digital defenses.
In a significant ruling, the NC Supreme Court decided that vehicle owners cannot stack UIM coverage from different policies for claims involving their own vehicles in at-fault accidents.
An Arizona court ruling allows Mexico to pursue legal action against US gun dealers accused of contributing to violence through gun trafficking, highlighting a critical cross-border issue.
Discover how Insurtech is revolutionizing insurance accessibility in emerging markets, leveraging mobile technology, and custom solutions to drive economic resilience.
Claims adjusters reveal the myriad challenges and frustrations they face during property claim inspections, from uncooperative homeowners to aggressive public adjusters.
In 2023, natural disasters led to over $108 billion in insured losses, marking the fourth consecutive year above $100 billion, with severe convective storms hitting a record high.
A motorcyclist’s accident benefits claim was denied by the Ontario LAT, ruling he should have known his insurance obtained through dubious means was not valid.