
Citizens Property Insurance Rate Increase Proposal Denied by Florida Regulators
Florida’s ongoing battle with rising insurance rates has taken a new turn as the Florida Office of Insurance Regulation has taken a stand against Citizens Property Insurance Corporation’s latest proposed rate increase.
August 24, 2023
Legislation & Regulation
Property
Florida

It’s Time To Get Organized
The legal landscape has witnessed a surge in nuclear verdicts, or jury awards in civil cases that exceed $10 million.
August 24, 2023
Litigation

Turmoil in Florida: Triple-I Warns of Imminent Insurer Insolvency
Another Florida homeowners’ insurer insolvency could be on the horizon, and it could be the biggest the state has seen this year, according to the Insurance Information Institute (Triple-i).
August 24, 2023
Insurance Industry
Florida

Another Round of Layoffs at GEICO
Insurance company GEICO has undergone another tranche of layoffs, employees have reported on social media.
August 24, 2023
Insurance Industry

Storm Damage Estimate Rises to $30M in North Andover, Massachusetts
The estimated damage from two days of intense rain that fell on North Andover in August stands at $29,910,097.57.
August 23, 2023
Property
Massachusetts

Hurricane Ida Claims Litigation Deadline Approaches in Louisiana
As the one-year anniversary of Hurricane Ida approaches, Louisiana Insurance Commissioner Jim Donelon has issued a reminder about the approaching deadline for initiating legal proceedings against insurance providers.
August 23, 2023
Litigation
Property
Louisiana

The Secret Sauce in Injured Worker Recovery? It’s Nutrition!
Let food be thy medicine, and let medicine be thy food. Said by Hippocrates a very, very long time ago, this nonetheless comes as breaking news in the evolving understanding of patient engagement.
August 23, 2023
Workers' Compensation

Hawaii Wildfires May Generate Insured Losses Exceeding $4.5 Billion
Moody’s RMS on Tuesday said insured losses from the wildfires Aug. 8-10 in Hawaii could exceed $4.5 billion.
August 23, 2023
Catastrophe
Property
Hawaii

Top 10 Challenges for Insurers
Insurance companies are grappling with a range of challenges that require them to adapt and innovate to stay competitive in the ever-evolving industry. From emerging technologies to changing consumer expectations, insurers are facing a complex landscape that demands their attention.
August 23, 2023
Insurance Industry

Cruise’s Robotaxi Fleet to Be Halved in San Francisco Following Recent Accidents
General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
August 22, 2023
Auto

Over 1.5M Dehumidifiers are Under Recall After Fire Reports
More than 1.5 million dehumidifiers are under recall following reports of nearly two dozen fires, according to the U.S. Consumer Product Safety Commission.
August 22, 2023
Subrogation

Proposed NHTSA Regulations Advocate Seat Belt Use for All Passengers
The Department of Transportation is proposing new rules designed to encourage seat belt use by car and truck passengers, including those sitting in the back seat.
August 22, 2023
Auto
Legislation & Regulation

Nissan Recalls 236K+ Cars for Loss of Steering Control
Nissan is recalling more than 236,000 small cars in the U.S. because the tie rods in front suspension can bend and break, possibly causing drivers to lose steering control.
August 22, 2023
Auto
Subrogation

What’s Trending in Auto Loss Combined Ratios
Some Canadian auto insurers may be experiencing fewer losses than their U.S. counterparts, a new report from ratings agency Fitch suggested.
August 21, 2023
Auto
Underwriting

Turning Challenges Into Opportunities
The insurance industry is rapidly evolving, and the adoption of new technologies is spreading from underwriting departments to claims. As a new landscape emerges, carriers face new risks and challenges, but there are also opportunities for claims departments that prioritize, strategize, and implement new methods effectively.
August 21, 2023
Insurance Industry



