Homeowner’s Failure to Read Doesn’t Clear Agency of Negligence Claim June 3, 2025 By William Rabb A North Carolina insurance agency cannot escape a lawsuit brought by a homeowner who was denied coverage after a hurricane...
Viewpoint: May the Combined Ratio R.I.P. (for Measuring Profit) June 2, 2025 By Chris Burand When Mr. Best of AM Best created the combined ratio, he did the industry and arguably the world a great...
Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role May 30, 2025 By Zahra Hirji When a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor...
Liberty Mutual Settles With Travelers Over New York Subcontractor Coverage May 30, 2025 By Andrew G. Simpson Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being...
More Tornadoes, Fewer Meteorologists Make for a Dangerous Mix May 27, 2025 By Seth Borenstein As nasty tornadoes popped up from Kansas to Kentucky, a depleted National Weather Service was in scramble mode. The agency’s...
Underwriting Concerns About Solar? Insurer Certifies Panels for Hail, Fire Resistance May 27, 2025 By William Rabb While some insurance companies in Florida and beyond have balked at writing properties with rooftop solar panels, FM Global says...
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says May 22, 2025 By Ezra Amacher Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property,...
No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best May 20, 2025 By Chad Hemenway Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and...
Despite Backlash From Trump, DEI Hasn’t Disappeared at US Companies May 19, 2025 By Simone Foxman Walmart Inc. stunned civil-rights activists in November by saying it was pulling back on diversity, equity and inclusion efforts. The...
UK Legal Aid Hack Includes ‘Significant Amount’ of Personal Data May 19, 2025 By Ryan Gallagher Hackers have stolen a “significant amount of personal data” from people who received legal aid across England and Wales, the...