Former American Family and GEICO adjusters on Monday described their carriers as focused on cost and indifferent to safety in comments to Washington state lawmakers.
A deadly tornado fueled by a major winter storm struck a coastal North Carolina community late Monday night and killed at least three people and injured 10 more.
Last November the residents of California told the state, by a fairly substantial margin, to keep their labor employment law mittens off of rideshare gig workers. Proposition 22, designed to ‘define app-based transportation (rideshare) and delivery drivers as independent contractors and adopt labor and wage policies specific to app-based drivers and companies,’ passed with a 58.6% to 41.4% vote.
Can the COVID-19 virus cause ‘direct physical loss’ to an insured business thus triggering coverage under a commercial business interruption policy of insurance?
Women are much more likely than men to suffer a serious injury when they are involved in a crash, but much of the heightened risk is related to the types of vehicles women drive and the circumstances of their crashes, rather than physical differences, new research from the Insurance Institute for Highway Safety shows.
Gary Pomeroy was reading the New York Times on Feb. 9 when he noticed an article on the front page about a rash of catalytic converter thefts across the nation, the Toyota Prius being the most targeted car. Pomeroy owns a Toyota Prius.
Even before the COVID-19 pandemic upended their lives, workers were experiencing all kinds of disruption. Industries from tech to insurance were focused on innovation, and employees were hit with endless change and high expectations.
‘Riot,’ ‘insurrection,’ ‘civil protest,’ ‘domestic terrorism,’ and ‘rally’ are some terms used to describe the event at the U.S. Capitol that occurred on Jan. 6, 2021. These terms trigger various opinions as to the nature of the event, but do those same words trigger coverage grants or exclusionary terms as well?
When it comes to insurance fraud, everyone is affected. Whether it is through higher premiums for customers; delayed handling of legitimate claims; delayed access to customer service or claims personnel (because fraudulent claimants often push for quick payments through multiple calls, texts, or emails, taking time away from legitimate claimants); costs to investigate fraudulent claims; and sometimes, injuries or death to others, we are all affected by these fraudulent claims for money.
At least 100 vehicles were involved in a massive pileup crash Thursday morning on Interstate 35W in Fort Worth, including several 18-wheelers, officials said. At least five people have been confirmed dead.
A Minnesota federal judge sided with an insurer in a dispute with Target Corp related to settlements over its 2013 data breach, finding the retail company didn’t meet the burden for showing coverage under its insurance policies.
To help prepare homeowners protect themselves from the risk of wildfires – and to lower insurance rates at the same time – California insurance commissioner Ricardo Lara announced that there would be new incentives for owners of older homes who choose to make their properties more fireproof.
The insurance industry has historically thrived on face-to-face interactions. A year ago, U.S. life insurance brokers told McKinsey that 90% of their sales conversations and even 70% of their customer follow-ups happened in person.