Insurance Industry Is Being Dragged Into Subsidizing Illegal Marijuana Grow Houses March 11, 2020 By Jim Sams GARDEN GROVE, Calif. — While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size...
Bills in Congress, States Seek to Curb Litigation Funding February 20, 2020 By Jim Sams Lawmakers in three states and in Congress have introduced bills to impose more controls on litigation funding companies, which insurers...
‘Powerful Predictiveness’ May Be Key to Reversing Commercial Auto Losses February 10, 2020 By Jim Sams The future cannot come too soon for commercial auto. Despite growing premiums, the commercial auto line hasn’t turned an underwriting...
Judge Rejects Argument That Insurer Acted in Bad Faith by Using Automated Bill Pay February 4, 2020 By Jim Sams For the second time in a year, a federal judge rejected a plaintiff attorney’s argument that an insurance carrier acted...
Collapsed Cave Not a Covered ‘Building’ Under Policy, Appeals Court Says January 31, 2020 By Jim Sams Interstate Underground Warehouse & Storage operates more than 3 million square feet of storage space inside a cave that was...
Judge Finds Ransomware Damage to Computer a ‘Direct Physical Loss’ January 30, 2020 By Jim Sams State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged...
Why It’s Not So Easy Getting Insurers to Defend in Sexual Harassment Cases January 13, 2020 By Jim Sams While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most...
Accident Reports Now Ready Minutes After Crash on Smartphone, Says Telematics Firm January 10, 2020 By Jim Sams The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write...
Court Upholds Insurers’ Auto Body Repair Networks Against Racketeering Claim December 30, 2019 By Jim Sams A federal appellate court affirmed a decision to throw out a racketeering lawsuit brought by a group of 126 auto...
It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases December 24, 2019 By Jim Sams While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most...