Perhaps since the very first executive order came out ordering businesses to close amid the early stages of the Covid-19 pandemic, attorneys have been holding their breath, waiting to see how Covid-19 would play out in terms of insurance coverage, especially as it relates to various policy provisions, including but certainly not limited to business interruption coverage claims.

Modern property and casualty claims system capabilities have evolved from legacy technology that simply tracks financials, claim notes, and documents, to fully data-driven processing engines that can connect to an array of ecosystem partners. Insurers now have faster access to new features and functions as solution providers migrate to cloud/Software-as-a-Service (SaaS) solutions.

Toyota auto insurance (TAI), the automaker’s branded coverage product which launched last December, has now announced that it is moving into Texas for the first time. Texas is the second largest market in the United States and will be an important move for the insurer.

The Florida Hurricane Catastrophe Fund, a state program that provides critical backup coverage to property insurers, is estimated to have $10 billion in losses from Hurricane Ian, officials said Wednesday.

The National Insurance Crime Bureau (NICB) has issued an advisory that policyholders should be on the lookout for scammers, as the number of insurance claims filed related to Hurricane Ian hits nearly half a million.

The ‘great resignation’ is having a great impact on organizations who are also contemplating the seemingly never-ending labour shortage. And for women, the exodus seems to be even greater than it is for men.

Blockchain technology is beginning to modify insurance operations, helping the industry to overcome some of its challenges. The use of different blockchain technologies within business, including in the insurance industry, varies according to its inception.

Supply chain pressures and labour shortages mean Canada’s P&C industry and its suppliers need to focus on communications around claims service to maintain consumer trust and high service levels, insurance executives told a broker conference last week.

As the world economy and the insurance industry struggle to recover from the COVID-19 pandemic, associated lockdowns and constrained economic activity, blockchain technology has been in the news a lot.

According to Bloomberg, as of 2022, the TPLF industry is estimated to be worth approximately $39 billion worldwide. TPLFs such as Burford Capital are publicly traded, and college endowments have even taken shares in TPLFs.

Frequently, freight brokers attempt to deny subrogation claims for cargo damaged in transit on a truck by arguing that they are accorded broker status and do not have the same strict liability as a ‘Motor Carrier’ under The Carmack Amendment.

With just over 81,000 inhabitants, Lake Charles is home to just 0.02% of the U.S. population. But after an onslaught of natural disasters in the fall of 2020 and early 2021, the city’s federal court accounts for one in five federal insurance lawsuits nationwide, according to a new analysis.

As courts begin to try jury cases backlogged by the disruptions of COVID-19, we are seeing an aberration in the results awarded by juries, as well as an increase in the potential for nuclear verdicts -- any jury award that surpasses $10 million -- across numerous industries.

In late July of 2018, massive wildfires blazed across Northern California. At the same time in Colorado, weather alerts went out warning of heavy thunderstorms and baseball-sized hail. The two disasters were separated by a thousand miles, but scientists are now finding they’re connected.

Roughly half of a small Missouri town burned Saturday after a wildfire spread quickly from a farm field and destroyed or heavily damaged 23 buildings, officials said.