News
End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1
Florida's governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a "diligent effort" to find coverage before placing properties with a surplus lines ...
AI Risks, Climate And Legislation Lead Verisk’s Emerging Issues Bracket
Collegiate teams that competed in the men's and women's basketball tournaments turned heads in March. Now, we're hearing about topics that made it to the final rounds of Verisk's recent emerging ...
Class Action: Drivers Sour on Lemonade for Exposing License Numbers
A new class action lawsuit alleges that digital insurer Lemonade has violated the privacy of as many as 190,000 drivers by exposing license numbers to cybercriminals through its online auto insurance ...
European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk
When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of ...
NYC Council Passes Bill to Lower Insurance Limits for For-Hire Vehicles
With urging from a coalition of for-hire vehicle drivers and companies including Uber, the New York City Council voted to lower a for-hire vehicles' insurance requirement in hopes of lowering ...
CDI Announces Investigation of State Farm Wildfire Claims Handling
California Insurance Commissioner Ricardo Lara on Thursday announced a formal investigation into State Farm's handling of thousands of insurance claims from wildfire survivors affected by the ...
Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive
Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take ...
Why FEMA Keeps Denying Disaster Preparedness Aid to States
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency ...