Government
Bipartisan Legislation Introduced to Retroactively Restore NFIP
Two U.S. Congressmen, one a Democrat from Louisiana and the other a Republican from Mississippi, have introduced legislation to retroactively restore the National Flood ...
Tariff-Linked Class Action Suits to Boost D&O Insurance Demand
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor ...
Truckers Seek Detours Around Rising Costs and Litigation
The COVID-era boom in trucking is definitely over. The trucking sector is experiencing one of its most challenging times, with trucking operators' profitability dropping across all sectors, total ...
California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI
California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state's insurance market from catastrophic risks and technological ...
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto insurance fraud schemes. In a lawsuit filed this month in ...
Conservative Activist Sues Google Over AI-Generated Statements
Conservative activist Robby Starbuck sued Google on Wednesday, alleging the tech giant's artificial intelligence systems generated "outrageously false" information about ...
Inflation, Supply Chains, Tariffs: Trends Impacting Business Insurance and Claims
Inflation has been a persistent issue in the United States, though it has moderated since its peak during the COVID-19 pandemic, while supply chain disruptions for equipment and other goods continue ...
New California Law Aims to Stabilize Insurance for Those Unable to Get Private Coverage
California Gov. Gavin Newsom signed a bipartisan bill that aims to prevent the state's home insurer of last resort from running out of money following a natural disaster. The FAIR Plan is an ...