Mental illness touches the lives of many in our society, whether personally or through a friend, family member or colleague. Data from the Center for Disease Control shows that one in five Americans will experience a mental illness during a given year.
State Farm recently released its hail insurance claims data, revealing that there was a $1 billion increase in filings for damage from that cause in 2022 when compared to the figure for 2021.
The U.S private insurance industry saw a $26.9 billion net underwriting loss in 2022, more than six times the $3.8 billion loss in 2021 and the largest underwriting loss since 2011, according to preliminary estimates from Verisk Analytics Inc. and the American Property Casualty Insurance Association.
After years of tightening limits, new federal guidelines are giving doctors greater leeway in prescribing opioids. Unveiled in November by the Centers for Disease Control and Prevention, the voluntary guidelines update more restrictive advice issued in 2016 -- advice that triggered a regulatory crackdown on opioids at the state and federal level.
Butler County Judge Noah Powers designated this week the lawsuit against Spooky Nook Sports Champion Mill and its owner, a subcontractor, and multiple insurance companies as ‘complex litigation.’
A new employment law in California has trucking companies, independent trucking contractors, and insurance companies, scrambling to comply at a time of great stress in the industry.
State Sen. Kirk Talbot on Monday outlined several solutions the Legislature will consider this session to mend Louisiana’s battered property insurance market, including changes to some restrictions that he said have soured insurers on the state.
More relatives of people shot to death at a Colorado supermarket in 2021 are suing Connecticut-based gun-maker Sturm, Ruger & Co. over how it marketed the firearm used in the massacre, adding to litigation first filed earlier this month against the company.
Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven.
Investigators didn’t have to look far to find evidence allegedly showing a Yucaipa couple intentionally causing dozens of car crashes to fraudulently collect insurance money.
An EF4 tornado tore through the western Mississippi town of Rolling Fork on Friday night, causing total destruction as it ripped through the small, tight-knit community. The outbreak of storms left at least 26 dead across the Southeast, and communities face a lengthy road to recovery.
Four more people have been found dead following a chocolate factory explosion in West Reading, Pennsylvania, last week, raising the death toll to seven, officials said Sunday night. All previously missing persons had been accounted for as of Sunday night.
At the end of 2022, the U.S. Government Accountability Office (GAO) released a report, Third-Party Litigation Financing: Market Characteristics, Data and Trends. Defining third-party litigation financing or funding (TPLF) as ‘an arrangement in which a funder who is not a party to the lawsuit agrees to help fund it,’ the investigative arm of Congress looked at the global multibillion-dollar industry, which is raising concerns among insurers and some lawmakers.
The costs of California’s relentless winter storms keep rising. And outside of the human toll -- with at least 28 people killed since January -- the price will be measured in billions.
Businesses and individuals enter into indemnification or hold harmless agreements to protect one party of the transaction from the risks or liabilities created by the other party of the transaction.
