AI is having quite a moment. One high profile AI app, ChatGPT, has become the fastest growing consumer app in history. It garnered over a million users in its first five days and hit one 100 million active users in just two months.
Advanced driver assistance systems (ADAS) have the potential to avert a staggering number of crashes, injuries, and fatalities over the next three decades.
These days, cars are computer centers on wheels. Today’s vehicles can contain over 100 computers and millions of lines of software code. These computers are all networked together and can operate all aspects of your vehicle. It’s not surprising, then, that car theft has also become high-tech.
The Urban Automobile Insurance Fraud Task Force successfully dismantled an alleged auto insurance fraud ring that had been operating for years, resulting in the arrest of seven individuals yesterday. A total of 23 individuals are facing felony counts of insurance fraud and conspiracy in connection to the case.
Allstate (ALL.N) agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the insurer of defrauding them by concealing that it lowered underwriting standards to boost growth.
When it comes to civil litigation, there is far more attention on nuclear verdicts compared to nuclear settlements. However, with only approximately 5% of civil cases going to trial, nuclear settlements are considerably more frequent.
Two more insurance companies will exit the California homeowners market, further narrowing options for people seeking to insure their home or to purchase a house with a mortgage.
Sixteen survivors of a 2022 mass shooting at a Buffalo supermarket filed a lawsuit Tuesday in New York’s Erie County Supreme Court against social media companies, the manufacturers of the shooter’s weapons and body armor and the shooter’s parents.
When Victoria Aumiller, AIC, WCP, claims specialist, Chesapeake Employers Insurance came to the organization 14 years ago, she didn’t realize how meaningful her job would be. Like many of her peers, Aumiller appreciates being able to make a direct impact to assist workers and their families.
Florida’s Office of Insurance Regulation (OIR) this week granted authorization to Mainsail Insurance Company, a property and casualty insurer headquartered in Texas, to function as a domestic insurer within the state.
Federal prosecutors have secured charges against five more people in an alleged years-long scheme to crash cars into big rigs and buses on New Orleans freeways for millions in insurance money.
US trucking firms face a worsening litigation landscape, as jury awards and settlement amounts for trucking litigation have exploded over the last decade.
A prolific high-end burglar has been apprehended and is now behind bars, thanks to the diligent efforts of the Bexar County Sheriff’s Office. Law enforcement officials have managed to recover a cache of stolen goods, including an array of jewelry items, some with individual values of up to $1 million.
Danny Williams, the proprietor of Southport Towing located in Mobile, is set to face trial next April following a decision by a Mobile County District Court Judge on Tuesday. The trial will revolve around charges of insurance fraud, which were brought against Williams in 2020.
Across the country, homeowners are facing heavier financial burdens when it comes to securing the coverage they need to protect their property and belongings. Rising homeowners insurance rates are making budgets tighter for millions of American households.
