The prose in the Feb. 2 New York Times article was breathless. Feral pigs in the San Francisco Bay Area are tearing up lawns and ripping their way through golf course fairways. One biologist characterized the pig incursions as a ‘feral swine bomb.’ Wow. Sounds heavy.
Jessica Long, 29, was in standstill traffic in her vehicle on Interstate 95 in Jacksonville on Dec. 15, 2018, when Virjona Gjuraj, driving a Honda, collided with the back of her car. After a lengthy legal battle that began in October 2019, a Duval County jury awarded Long a $16.4 million verdict against her insurance company, Travelers Home and Marine Insurance.
Insurance claims resulting from catastrophic weather are at an all-time high. Events such as wildfires, hurricanes, and floods caused 39% of home insurance claims in 2020. In 2021, the trend continued.
The Centers for Medicare & Medicaid Services (CMS) has updated its Workers’ Compensation Medicare Set-Aside Arrangement (WCMSA) Reference Guide (Reference Guide). The latest version, Version 3.5, was published Jan. 10, 2022.
The story began with a 20-year-old Manitoban saying he’d fallen asleep at the wheel in a newer model Chevy Silverado, veering off the road and crashing into a few parked cars.
A cargo ship carrying vehicles from Germany to the U.S caught fire in the Atlantic Ocean on Wednesday and remains adrift near the Azores Islands. The Portuguese navy rescued all the 22 crew members from the ship, named the Felicity Ace, which was scheduled to arrive in the Port of Davisville, Rhode Island, on Feb. 23.
More than 100 cars and semis crashed on a slippery stretch of interstate in central Illinois Thursday, according to state police. The crashes stretched several hundred yards along Interstate 39, local news outlets reported.
All insurance professionals have heard of "acts of God" relative to insurance. But what does this phrase mean, and what implications are there for builders risk insurance?
Facebook (FB)-parent Meta has agreed to pay $90 million to settle a decade-old class action lawsuit over a practice that allowed the social network to track users’ activity across the internet, even if they had logged out of the platform.
The COVID-19 omicron variant appears to be waning and several states have lifted their mask mandates in recent weeks, but legislators are just getting started when it comes to the pandemic and workers compensation.
In West Bend Mutual Insurance Company v. Community United School District 300, 2021 IL App (2d) 210108, the insurer sought a declaration that it had no duty to defend an additional insured, a school district, in connection with several lawsuits filed on behalf of minors.
The US is the centre of the world’s third-party litigation finance (TPLF) industry, in which investors such as hedge funds and family offices finance legal action against companies.
2021 was a historic year for investment in insurtechs. Funding reached a record-breaking $15 billion in Q3, according to Forrester ‑ more funding than in 2019 and 2020 combined. As this booming market evolves, the value of innovation by insurtech startups is becoming clear.
Legislators, safety advocacy groups, and others are mulling over not only the safety of semi- or fully autonomous vehicles (AVs) but who is at fault and accountable when they’re involved in crashes. So how does that affect insurance and repairers?
According to a new report from Insurance Information Institute (Triple-I), social inflation has increased claim payouts for commercial auto insurance liability in the US alone by over $20 billion between 2010 and 2019.
