California has been happy to tweak the rules to get more self-driving cars on the road, but it still has its limits. The states DMV has eliminated a planned rule (suggested by GM) that would have let companies avoid liability for an autonomous vehicle crash if the machine hadnt been maintained to manufacturer specs.
In a closely watched decision that could impact whether ratepayers are on the hook for billions in costs related to the Napa-Sonoma fires if PG&E is found at fault, the California Public Utilities Commission on Thursday denied a request from San Diego Gas & Electric to charge its customers $379 million in costs related to three huge fires that the utilitys power lines caused in 2007.
More than half of U.S. small- and medium-sized businesses (SMBs) experienced a cyberattack within the past year, yet only 14 percent of businesses felt prepared and protected, according to a recent white paper from the Insurance Information Institute (I.I.I.).
A new Aviva Canada report revealed an auto insurance fraud trend costing insurers $2 billion every year. This added expense to insurers is leading them to increase premiums to compensate for the fraudulent claims payments.
The lead singer of the rock band Modest Mouse — who once sang in a hit song that “I backed my car into a cop car the other day” — was sued Wednesday for crashing into a pickup truck in August 2016.
From mold to Legionella bacteria outbreaks, environmental- and pollution-related losses on commercial properties are on the rise, and these types of claims will only increase in the wake of Hurricanes Harvey and Irma. As a result, closer attention is being paid to pollution exclusions on property and liability policies.
The upcoming legalization of marijuana will “impact virtually every line of business” of the insurance industry and introduce a whole new hazy world of risks, a managing general agent said Friday.
A negligence lawsuit after a floodagainst a company in charge of watching building automation systemswas recently tossed out of court because of the terms of the lease agreement. A plumbing firm paid settlements to tenants after a building flood, and then sought to recover the money from the property management firm responsible for overlooking the building automation systems.
BMW last week issued a stop-sale order and recall for every i3 in the United States, meaning from the 2014 model up to the present 2018 car. A total 30,542 cars are affected.
Verifying the number of hours a driver uses ridesharing services such as Uber and Lyft could be problematic for underwriters and adjusters, one adjuster told Canadian Underwriter on Wednesday.
Willis Price and Kevin Kerr were involved in automobile accidents in Memphis. Neither was happy about it. Their anger increased when, within days, they started receiving sales pitches to contact attorneys possibly to exploit their mishap with bogus injury treatment and fraudulent insurance billings.
An 11-year-old boy is dead and his 9-year-old boy is in critical condition after a truck crashed into their bedroom in the community of Madera Ranchos, according to the Madera County Fire Department. The driver of the truck also died at the scene.
A Pennsylvania couple is suing the local police department and their insurer after being arrested at gunpoint, handcuffed and stuck in the back of a police cruiser for hours — all because their insurance agent couldnt tell the difference between landscaping and pot farming.
Attorneys who filed one of the first lawsuits after the Oct. 1 mass shooting that killed 58 concert-goers and left hundreds injured on the Las Vegas Strip filed four new negligence cases Monday on behalf of more than 450 victims.