News
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property, according to a new report from research firm Marathon ...
While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance
More than two months after a tornado demolished his Mississippi home, Brian Lowery still sifts through the rubble, hoping to find a tie clip his mother gave him, made from the center stone of her ...
Carriers Embracing DIY Home Inspections More and More, Firms Say
The future of home inspections is here and it's in the hands of … the homeowner. Literally, according to leaders of two firms that have developed DIY systems now being used by prospective insureds ...
IBHS FORTIFIED Program Could Have Saved Insurers $116.1M in Hurricane Sally Losses
New data indicates insurers would have saved $105.6 million in losses if all homes in Hurricane's Sally's path had been built or retrofitted to the FORTIFIED Roof standard, according to a study by ...
Increased Traffic Fatality Risk During Memorial Day Weekend
Up to 443 people may die in preventable traffic crashes during the 2025 Memorial Day holiday period, representing a 6 percent increase from 2024's estimate, according to the National Safety Council. ...
California Cop Allegedly Partied at Festival While Collecting $600,000 for Fake Injury
A Southern California police officer was caught partying at the Stagecoach Music Festival while collecting more than $600,000 in workers' compensation for a head injury that prosecutors allege was ...
‘Big Beautiful’ Tax Breaks for Insurance Agents in Bill Passed by House, Says Big I
The Independent Insurance Agents and Brokers of America celebrated a "significant victory" for independent agents with the passage of a sweeping tax bill this week by the House of Representatives. ...
AI Spots Suspicious Claims Earlier Than Traditional Approaches: Study
Machine learning models detect suspicious claims two weeks after submission, much faster than traditional methods, according to a new CLARA Analytics study on fraud detection in property/casualty ...