A bill aimed at propping up Louisiana’s flailing homeowners insurance market neared final approval Thursday after the Senate Finance Committee backed it.
Counsel for a Western Pennsylvania woman who suffered third-degree burns over 70% of her body in a motor vehicle crash over two years ago, has refuted denials of liability from two of the defendants named in the subsequent litigation.
A new year is here, and while only time will tell what the future holds, the past has taught our industry that there will always be an element of risk and uncertainty in this world. More importantly, the unimaginable occurs when you least expect it.
‘Insurance exists to protect that which we cannot afford to lose, and when it comes to climate change, we all have a lot to protect,’ suggests Greg Case, CEO of Aon.
A Pennsylvania appellate court has struck down a $5.59 million jury award for a former roofer who suffered catastrophic spinal injuries after falling 20 feet through an unmarked hole in a roof.
All settlements require claims professionals and retained counsel to make an offer, many times multiple offers. A well-thought-out and constructed offer could cut down on additional litigation expenses if it brings the parties to a meaningful settlement discussion.
Texans in more than 340,000 homes and businesses braced for near-freezing temperatures without power Wednesday and more than 2,300 flights were canceled amid an unrelenting blast of treacherous, icy conditions and brutal cold that has left at least six dead.
In its fifth year, the Risk & Insurance survey of workers’ compensation professionals, sponsored by Healthesystems, highlighted the top challenges industry professionals faced in 2022 and their priorities heading into 2023.
Losses arising from email scams are usually covered, if at all, under a company’s crime policy. But a recent decision from The District Court in Minnesota suggests that recourse may also be found under an insured’s cyber or business interruption coverage.
The City of Seattle filed a lawsuit against automakers Kia and Hyundai this week, saying they disregarded public safety for profitability by failing to install immobilizers on their cars.
A Florida House Republican on Friday filed a proposal that would prevent motorists from assigning auto-insurance benefits to repair shops that can then pursue payments from insurers.
A federal appellate court on Monday rejected Johnson & Johnson’s attempt to shed its baby powder liabilities by transferring them to a subsidiary and placing that subsidiary in bankruptcy.