The Michigan Legislature passed no-fault auto insurance laws in 1973, and like a T-Rex guarding its bone, has been holding on to this dysfunctional approach to auto insurance ever since. Instead of running away completely from the problem and joining states which have enjoyed lower auto insurance premiums after abandoning the failed no-fault experiment, Michigan has historically doubled down on their system and made it even more difficult for seriously injured accident victims to receive necessary catastrophic injury coverage.

My purpose today is to add some clarity and remind readers that, when it comes to most of the insurance products we sell, there is little, if any, insurance coverage response. But first, let’s take a look at what a GMO is, how long they have been around, and what they mean for agriculture and the food on your table.

Rising legal malpractice claims are hitting US law firms hard, with lawyers’ professional liability insurers seeing greater frequency and severity of claims, according to a new study by insurance broker Ames & Gough.

The Senate voted 29-8 Monday to pass a bill that could lower auto insurance rates by limiting damage suits by people injured in car wrecks. The bill by Sen. Kirk Talbot, R-River Ridge, would change aspects of Louisiana’s tort laws that Republican lawmakers and business lobbyists say make it too easy to file lawsuits after car accidents.

An Ohio legislator has introduced a bill to limit lawsuits that may arise during the coronavirus pandemic.

Unfriend Coal — a global network of NGOs and social movements appealing for insurance companies to divest out of the fossil fuel business — has called out major insurance companies Lloyd’s, Zurich, and Munich Re for providing hundreds of millions in liability insurance coverage to the Trans Mountain pipeline project.

When it comes to so-called "nuclear verdicts"—or "social inflation" in the insurance industry—hindsight is 20/20, as a survey of the highest payouts in motor vehicle accident and premises liability cases across the Southeast U.S. reflects.

The commissioner of the Pennsylvania Insurance Department on Monday reminded businesses statewide of the importance of complying with Governor Tom Wolf’s orders for counties in the red and yellow phases of the COVID-19 outbreak.

Gov. Mike Parson is signaling his support for a proposal that could shield nursing homes and long-term care facilities from lawsuits linked to the coronavirus response. Under legislation awaiting debate in the Missouri House, health care providers who treat people with COVID-19 would not be liable for civil damages if something were to go wrong.

U.S. traffic deaths fell in 2019 for the third straight year even as overall road use increased, according to preliminary government data released Tuesday.

The inclusion of pain-management specialists in multi-disciplinary clinics over the last several years in the no-fault claims industry has grown rapidly. Unfortunately, it has also opened the door to fraud.

In an attempt to avoid paying high premiums, electric automobile manufacturer Tesla announced that it would forgo directors and officers liability insurance (D&O) this year, opting to rely on CEO Elon Musk to pay for legal defense.

In the transportation industry, dashcams have been added to fleets of trucks, often paid for or subsidized by insurance carriers looking for an advantage in underwriting, claims, and risk management. Accidents captured on video result in claims that are easier to defend and manage because the footage quickly helps inform the claims manager and attorneys about whether the claim should be denied or promptly resolved.

Like many industries, cannabis-related companies in the United States haven’t been left untouched by the fallout from the coronavirus. On the bright side, demand for cannabis products swelled in the initial weeks following government-mandated lockdowns.

Motor vehicle accidents led to more than 2.5 million emergency department visits in 2017, according to the CDC’s most recent estimates. Emergency room and other hospital visits can be costly for insurance carriers, as facility charges are some of the highest fees that carriers face when paying for medical treatments related to auto accidents.