Drone technology can significantly reduce claims processing costs, but barriers remain to universal adoption by insurers and claims adjusters, a panel of experts said.

In a major victory for the cannabis industry, the House of Representatives voted to allow federally chartered banks to do business with cannabis companies. Practically, this means that cannabis dispensaries won’t have to operate entirely in cash, as it is now legal for them to deposit money into bank accounts.

A coalition of insurers and reinsurers have penned a letter to members of the US Congress, urging them to pass a long-term reauthorisation of the Terrorism Risk Insurance Act (TRIA), which is currently set to expire at the end of 2020.

As much as $71 billion from the UK insurance industry is stepping out of London and is headed into locations throughout the European Union.

On May 23, 2019, Florida Governor Ron DeSantis signed into law HB 7065, finally enacting meaningful reforms to combat abusive litigation by contractors against insurance companies. Here’s how it works.

The U.S. National Highway Traffic Safety Administration plans to test how drivers could use cameras to replace traditional rearview mirrors in automobiles, a technology already allowed in other countries, the agency said on Tuesday.

The cannabis market in the United States is growing like a weed, and for good reason. Thirty-three states have already legalized cannabis to some degree, and federal legalization of both medical and adult-use cannabis is expected to create $86 billion in additional tax revenue, according to a report from New Frontier Data.

The mayor of San Jose has proposed requiring gun owners in the nation’s 10th largest city to carry liability insurance to cover taxpayer costs associated with firearm violence.

Two non-psychoactive molecules from the Cannabis sativa L plant have the potential to replace opioids with a new drug that poses zero-impairment issues for users.

Hurricanes come and go, but the threat of flooding is here to stay. For example, Hurricane Barry’s projected damage will land somewhere between $500 million and $900 million in flood and wind losses, according to CoreLogic.

A new report by A.M. Best speculates that insurance companies are at great financial risk, as state laws expand the statute of limitations for child sexual abuse claims.

Legislation introduced Tuesday in Washington could help prevent horrific highway crashes by requiring big trucks to have automatic braking systems, its backers say.

The cyber insurance industry has grown exponentially in the past decade. As more and more businesses - of all sizes and in every sector - purchase cyber policies, the cyber insurance industry gains stronger and more actionable data insights.

California senators approved a proposal Monday aimed at stabilizing the state’s electric utilities and putting a renewed focus on safety in the face of devastating wildfires caused by utility equipment, with supporters calling it a plan that holds utilities accountable and protects ratepayers.

Pennsylvanian Russell Fish was "paranoid about everything," so much so, he even locked his bedroom door each night, his daughter said. But no lock would keep his killer out the night of Feb. 15 this year.