Ida has weakened to a tropical storm as it moves over southwestern Mississippi. On Tuesday, Ida is expected to move across the Tennessee Valley. Hurricane Ida made landfall Sunday at 11:55 a.m. in Port Fourchon.
Former Oklahoma Insurance Commissioner John Doak has been appointed to the Amicus Committee of the Coalition Against Insurance Fraud, it was announced Monday.
The US Justice Department has announced that two lawyers and two surgeons in New York have been indicted on mail- and wire-fraud charges, for their alleged role in a complex $31 million insurance fraud scheme involving staged accidents that spanned five years.
Reversing a federal district court, the Fifth Circuit Court of Appeals recently applied the Texas eight-corners rule to hold that an insurer had a duty to defend a restaurant chain against claims the chain breached its contract with a credit card processor by not preventing hackers from gaining access to its customers’ private information.
On a cold winter night in December 2019, Lisa Elvin’s Parsippany home was destroyed by a fire. Two of her teenagers were upstairs watching television when they smelled fire and saw smoke.
Only 17% of consumers say they’d be comfortable with the idea of insurance claims for their home, renters, or vehicles being reviewed exclusively by AI.
A wealthy Park Avenue cardiologist and his wife are having an art attack — because their insurance company refuses to reimburse them for $1.5 million in stolen artworks, according to new court papers.
On August 12, 2021, the U.S. Court of Appeals for the Ninth Circuit held that Article II, Section 3, of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 (commonly known as the New York Convention), which obligates signatory nations to enforce agreements to arbitrate that fall under the Convention, preempts state insurance laws that preclude the arbitration of insurance disputes and/or prohibit the inclusion of mandatory arbitral provisions in insurance policies.
While the COVID-19 pandemic has accelerated P&C’s digitization investments, the need for human connection within digital insurance should not be overlooked, a digital identity firm says.
Heavy rain already had filled the yard, and Casey Hipshire expected her Middle Tennessee home to flood, she said. But the speed of the rising water caught her off guard.
