Content from Jim Sams
‘Concerning Trend’ in Auto Theft Rates Pressuring Insurers
Vehicle theft rates continue to put pressure on the personal auto insurance market. CCC Intelligent Solutions said in its year-end report that the number of vehicle thefts in the U.S. increased 2 ...
‘Litigation Harvesting’: The Rise and Fall of McClenny Moseley
In December 2022, before much was known about how Houston's McClenny Moseley & Associates could set up shop in New Orleans—and sign up thousands of Louisiana clients in less than a year—a ...
Details of Calif. Wildfire Plan Sketchy, but a Useful Marketing Tool for Data Vendors
A proposal by California's insurance regulator to require insurers to write more policies in areas at risk of wildfires is more a promise than a plan, but the announcement is giving data analytics ...
Bad-Faith Payouts Are Penalties, Not Insurance Benefits, Florida Supreme Court Says
Randy Willoughby's lawyers turned a $10,000 uninsured motorist policy into a $4 million bad-faith settlement with his auto insurer. Then they won a $30 million jury verdict against the co-owner of ...
Fla. Insurers Imposing New Limits on Amounts Spent to Match Appearance; Kentucky Clarifies Law
Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent developments show how insurers and regulators in different ...
Ransomware Criminals Aim at Third-Party Vendors in Hunt for ‘Big Game’
Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption ...
WCRI: 6% of COVID Claimants Treated for Long COVID
A national study by the Workers' Compensation Research Institute found that 6 percent of workers who filed claims for COVID-19 suffered long COVID, meaning they sought additional treatment more than ...
Social Media Investigations: A Winning Strategy for Insurers
GARDEN GROVE, California—If you're a plaintiff in an injury lawsuit against your insurer, you might want to ask your wife not to post videos online of you frolicking in a swimming pool. An ...