Hyundai and the National Highway Traffic Safety Administration (NHTSA) on Tuesday announced a recall affecting several models due to a risk of engine fires.
Applying Montana law, the Ninth Circuit Court of Appeals has held that a claim made during one claims-made policy period but not noticed until a second policy period was not covered under either policy.
Although American inventor and Founding Father Benjamin Franklin was not referring to insurance when he penned the famous words ‘time is money,’ today’s risk managers should take the expression to heart if they wish to reduce their companies’ claims costs.
An issue that often arises when an insurer is determining whether a policy provides coverage for bodily injury or property damage under a liability policy is the number of occurrences that may be triggered under the policy.
The working world is changing. Even before COVID-19, remote work was gaining popularity. As employees sought greater flexibility and advances in telecommuting removed barriers, some employers offered work-from-home options as an incentive to attract and retain top talent, save money and sharpen their competitive edge.
Eleven people were injured, two critically, when an elevated deck of a Tennessee waterfront restaurant collapsed during a birthday party group photo, authorities said.
Nowhere is the difference between ‘knowing’ something and ‘understanding’ something more evident than when it comes to the relationship between ‘totaling a vehicle’ for insurance purposes and the concept of salvage vehicles under state law.
Nearly 100,000 Mississippi residents were under a tornado emergency on Sunday night, including the city of Tupelo, as a confirmed large and destructive tornado tore through the region.
A recent case of interest involved a plaintiff who worked at an IKEA store for twenty five years. During his employment, he enrolled in and received basic and supplemental term life insurance coverage, and his spouse maintained coverage as a dependent.
The first sign of trouble was the arrival of envelopes from the New York State Department of Labor, all about my wife’s previous earnings and recent unemployment filing. The second was the cheery ‘Welcome to Progressive’ package, telling her how great it was to have her with the company now that she had bought her new auto insurance policy.
Rivian’s plans to sell insurance for its electric vehicles are now taking shape, with new details released about data-driven coverage and a partnership with established underwriter Nationwide.
