How to Reduce the Expense of cyber business interruption July 6, 2020 By Asaf Lifshitz According to the IBM “Cost of a Data Breach Report, 2019”, business interruption (BI) represents 36% of the cost of...
Car Crashes Became Deadlier During Lockdowns Across Globe July 6, 2020 By Lena Masri Coronavirus lockdowns led to reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter...
Houston Pharmacist Gets 10 Years in $21M Workers’ Comp Fraud Case July 6, 2020 A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case. George...
Reported Surplus Lines Premium Again Sets Record in Texas July 6, 2020 The amount of surplus lines premium reported in Texas continued its upward swing in May, coming in at nearly $100...
Florida’s Citizens Accuses Embattled Law Firm, Others of Sham Lawsuits, Racketeering July 6, 2020 By Amy O'Connor Florida’s state-run Citizens Property Insurance Corp. has joined a chorus of insurance companies accusing the Strems Law Firm of lawsuit...
Man Hospitalized After Fatal Las Vegas Fire Suing Building Owner July 6, 2020 A 48-year-old man hospitalized since December after being injured in a downtown Las Vegas apartment fire that killed six people...
Customer Reassurance Part of Job for Minnesota Agent in Aftermath of Riots July 6, 2020 By Stephanie K. Jones Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and...
Washington Insurance Commissioner Wants to Ban Credit Scoring July 6, 2020 Washington Insurance Commissioner Mike Kreidler is calling on the insurance industry to end its use of credit scoring in auto,...
Understanding Risk in a Decade of Natural Catastrophes July 6, 2020 By Maiclaire Bolton Smith In the past 10 years, the U.S. has seen 121 events produce damage in excess of $1 billion. Globally, this...
California Insurance Department Says Premium Relief Has Saved Drivers $1.2B July 6, 2020 California automobile insurance companies have agreed to provide $1.21 billion in savings to drivers, the state insurance department says. Insurance...