Mutual of Wausau alleges a thermostat and thermal protection failure in an Amazon Basics coffee maker caused a Wisconsin house fire, prompting a $301,936 subrogation action against Amazon.
Tornado and severe thunderstorm activity is shifting toward more populated areas in the eastern U.S., where higher property exposure and reconstruction costs are increasing insurance claim severity even as national tornado volume declines.
A Wisconsin appeals court ruled that a personal auto policy must cover a DoorDash driver’s crash because the policy’s delivery-related business exclusion was ambiguous. The decision raises questions for insurers drafting gig economy exclusions.
Allstate partners with the Chicago Quantum Exchange to explore how quantum computing could transform risk analysis, fraud detection, and customer service in insurance.
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
National Weather Service balloon launch reductions, blamed on Department of Government Efficiency (DOGE) staff cuts, threaten forecast accuracy during severe weather season, raising concerns for claims adjusters.
Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
The Q2 2024 Ivans Index reveals an overall increase in premium renewal rates for major commercial insurance lines, with Workers’ Compensation as the exception, showing a year-over-year decrease.
Thousands of Amazon Flex drivers have filed claims alleging misclassification as independent contractors, seeking unpaid wages and other financial compensation.
An Illinois roofing company has finally paid $365,576 in fines and interest after the Department of Labor seized its assets for repeatedly endangering employees.
