Michigan’s Legislature moves to rectify the 2019 no-fault auto insurance overhaul’s unintended consequences, aiming to balance medical providers’ reimbursement rates and insurance cost for drivers.
The insurance industry’s shift from assessing and pricing risks to predicting and preventing losses – thereby improving insurance availability and affordability – is well underway.
Reinsurance News recently spoke to Joss Matthewman, Senior Director, Product Management & Strategy, RMS, about what he believes the re/insurance industry needs to do to try and combat the effects of climate change.
Discover how a one-time reputable claims adjuster’s illicit actions led to a steep fall from grace, shedding light on the critical role of integrity in the claims industry.
A recent case study by Moody’s reveals that in locations like South Florida, meeting or surpassing evolving building codes can slash home damage costs almost tenfold.
Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation.
The Chinese owner of an unauthorized central California lab that fueled conspiracy theories about China and biological weapons has been arrested on charges of not obtaining the proper permits.
We have seen many changes to the traditional jury trial over the past few years due to COVID-19, but the realm of civil litigation is poised for yet another transformative journey.
A settlement has been reached with Litana Development Inc. for endangering workers by exposing them to high-voltage power lines at a Paterson site during 2021 and 2022.
The study by WhistleOut sheds light on the inconsistent distracted driving laws across the US, underscoring a call for more uniform regulations to enhance road safety.
HoneyQuote, a digital insurance marketplace, has partnered with First Connect Insurance Services to grant thousands of independent agents nationwide the ability to seamlessly write policies in Florida.
Though right-to-repair statutes have long been a part of the construction-law landscape for contractors and subcontractors and are well understood, in the approximately 30 states that have enacted statutes based on the concept.
Propulsion problems on four satellites using the same kind of power modules are expected to result in at least $50 million in claims for insurers already facing more than $800 million in losses this year.