$12.8M in Funding Authorized for Arizona Wildfire Recovery March 4, 2022 The U.S. Department of Agriculture has agreed to provide $12.8 million in emergency funding to help parts of Arizona recover...
Tennessee Insurance Department Uses Mediation to Settle Claims Disputes, Returns $8M March 4, 2022 The Tennessee Department of Commerce and Insurance returned more than $8 million to policyholders in 2021 through mediation between consumers...
U.S. Attorney General: Prosecuting Individuals Is Top Priority in Policing Corporate Crime March 4, 2022 By Chris Prentice The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland...
Florida Insurance Bill Passes Senate, But Chances in House Uncertain March 4, 2022 The Florida Senate approved a bill that could limit many homeowners’ roof claims, which some insurers have called a major...
Property, Motor Vehicle Insurance Claims From Severe Australia Floods at A$900M and Rising March 4, 2022 Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and...
China Instructs State Insurers to Review Exposure to Russia, Ukraine March 4, 2022 By Ye Xie and Selena Li China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl...
London Halts Stocks, Trade Insurers Withdraw Cover as Isolation of Russia Intensifies March 4, 2022 By Lawrence White and Carolyn Cohn Russia’s global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities...
Customer Satisfaction Scores Drop for Property Claims: J.D. Power March 4, 2022 J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest...
Michigan Sues Dam Owner Over Sediment in Kalamazoo River March 4, 2022 By David Eggert The state of Michigan sued the owner and operator of a hydroelectric dam, alleging that its mismanaged drawdown of a...
Texas Man Convicted For Threatening to Extort Insurance Contract March 4, 2022 A 48-year-old Sullivan City, Texas man has admitted to threatening to cancel a contract if he did not receive increased...