Judge Clears Class-Action Suit Alleging Geico Underpaid Auto Claims April 17, 2023 By Andrew G. Simpson Geico General Insurance Co. must face a class action suit alleging it has been underpaying benefits to its insureds injured...
Judge Rules BNSF Intentionally Violated Agreement with Washington Tribe April 17, 2023 A judge ruled that BNSF Railway intentionally violated the terms of an easement agreement with the Swinomish Indian Tribal Community...
Can Insurance Find a Home in the Metaverse? April 17, 2023 By Allen Laman A Cognizant report published last year, titled a pragmatist’s guide to the Metaverse, said if you ask three people what...
California Commissioner and FAIR Plan Agree to up Commercial Coverage to $20M April 17, 2023 California Insurance Commissioner Ricardo Lara and the California FAIR Plan Association agreed to more than double its existing commercial coverage...
‘An Ounce of Prevention Is Worth a Pound of Cure’ April 17, 2023 By Don Neff What can insurance carriers expect in 2023 in terms of new codes and construction technologies in the wake of one...
Florida Insurance Agent Sentenced to 14 Years for Premium Fraud April 17, 2023 By William Rabb More than 18 months after he pleaded guilty to absconding with almost $5 million in premiums, a Florida insurance agent...
D&O 2022: Prices Down; Loss Ratios Up; Top Carriers Ranked April 17, 2023 By Susanne Sclafane Although analysts at Fitch Ratings estimate that combined ratios for the directors and officers liability line remained below breakeven in...
WCRI: Consolidation of Health Care Driving Up Prices in Work Comp April 3, 2023 Consolidation of physician services into larger groups owned by hospitals and health care systems is driving up the cost of...
Winning the Referral Game with Real Estate Education April 3, 2023 By Megan Stevenson In the highly competitive world of property/casualty insurance, building a strong referral network is key to success. Referrals are an...
U.S. Commercial Rates Increased in Q4 — But at Slower Pace: WTW April 3, 2023 U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8%, down from the rate...