Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on Monday.
The National Association of Insurance Commissioners (NAIC) has issued a model bulletin exposure draft on the use of algorithms, predictive models and artificial intelligence (AI) systems by insurers.
A Cross County woman whose home was destroyed by an EF3 tornado packing winds of 150 mph that swept through Wynne on March 31 has settled a lawsuit with her insurer for more than $1 million after she accused the company of offering her more than $200,000 less than her home was insured for following the storm.
The National Insurance Crime Bureau (NICB), an association dedicated to predicting, preventing, and prosecuting insurance crime, recently released its analysis on vehicle theft trends in the United States. According to the NICB report, full-size pickups took the lead as the most stolen type of vehicle in 2022.
Even as FEMA is working to dole out millions of dollars in grants to Vermonters hit by flooding in eight designated counties, some who received money following previous flooding -- but did not comply with subsequent insurance requirements -- are now learning they are not eligible.
More than 120 million Americans -- one-third of the U.S. population -- have been living under air quality alerts this summer, with citizens in New York City, Chicago, and Detroit at times experiencing some of the unhealthiest air in the world.
Stark differences exist between field adjusting and desk adjusting. To name a few:<br />The field adjuster meets with the insured and/or their representative(s) personally; the desk adjuster does not. The field adjuster gets to view and review the damages onsite; the desk adjuster does not.
CLM’s upcoming Construction Conference on Wednesday, Sept. 27 will feature a brand-new location as we deliver the high-impact sessions you have come to expect on the biggest topics facing construction claims professionals.
A brokerage leader has slammed California’s insurance commissioner, Ricardo Lara, for the worsening property insurance crisis in the state, saying over-regulation is contributing to increasing rates and carrier pullouts.
Over the last few weeks, numerous reports of alleged hazing, bullying and toxic cultures among sports teams at Northwestern University have surfaced, resulting in terminations of two head coaches and a series of lawsuits filed against the university.
Ford’s plan to rectify its ongoing vehicle quality issues doesn’t appear to have taken hold at its production facilities quite yet. The automaker is leading the charge as the most recalled automaker through the first half of 2023, after taking the title of most-recalled automaker title in 2022.
An American International Group Inc. unit must pay two companies more than $91.5 million in legal costs in connection with lawsuits filed alleging injuries related to sterilization facilities located in a residential community.
In a groundbreaking move towards advancing electric vehicle (EV) adoption, seven of the world’s most prominent automakers -- BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV -- have announced the establishment of a joint venture aimed at revolutionizing EV charging infrastructure in North America.
