We Insured FTX
Late last year, the leader of a Bermuda insurance company specializing in coverage for emerging sectors, including the digital asset ecosystem and companies working in ...
Claims / Legal
Florida High Court Disbars Notorious Plaintiffs Lawyer; Infamous Public Adjuster Could Be Next
Florida officials have taken strong action against two of the insurance industry's most-detested adversaries, disbarring a notorious plaintiffs' attorney who filed thousands of frivolous claims ...
Drenching In California: Most Homeowners Have No Flood Insurance
Last Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks ...
Allstate Estimates ’22 Auto Combined Ratio of 110; Frequency, Reserves Up
Allstate announced preliminary estimates of its fourth-quarter and full-year 2022 results last night, revealing a 2022 combined ratio of 110 for personal auto insurance, with reserve boosts for prior ...
Schools and Social Media Lawsuits: The Legal Road Ahead
Like the tobacco, oil, gun, opioid and vaping industries before them, the big U.S. social media companies are now facing lawsuits brought by public entities that seek to hold them accountable for a ...
Size Matters: Risks of Injury, Death Rising As Heavy EVs Hit U.S. Roads, NTSB Says
U.S. National Transportation Safety Board Chair Jennifer Homendy on Wednesday raised concerns about the increased risk of severe injury and death from heavier electric vehicles ...
Supreme Court: New York Gun Carry Law Still In Force For Now
New York can for now continue to enforce a sweeping new law that bans guns from "sensitive places"' including schools, playgrounds and Times Square, the Supreme Court said Wednesday, allowing the law ...
NJ Gun Carry Law On Hold For Now
Suggesting that New Jersey's recent concealed carry law infringes on the public's Second Amendment rights, a federal judge on Monday put a temporary hold on the legislation drafted after the U.S. ...
How to Accelerate Hurricane Response With Proactive Claims Management
With global floods, heat waves, drought, wildfires and tornadoes, Summer 2022 was one for the record books. And there was no reprieve in the months that followed.
No Ransomware Cover in BOP Policy, Ohio Supreme Court Rules
A businessowners insurance policy did not provide coverage for software damaged by a ransomware attack because there was no direct physical damage or loss, the Ohio Supreme Court ruled. "Computer ...