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APCIA: Record Shows ‘Minimal Complaints’ on Hurricane Milton, Helene Claims
May 20 2025 // The American Property Casualty Insurance Association (APCIA) chimed in to a recent Senate subcommittee hearing to defend the industry’s response to claims following hurricanes Milton and Helene. “The vast...
California Commissioner Launches Smoke Claims & Remediation Task Force
May 19 2025 // A new task force has been formed to develop standards in California for insurance coverage and clean-up of smoke-damaged homes. California Insurance Commissioner Ricardo Lara announced the formation of a Smoke Claims &...
Capital One to Pay $425 Million to Settle Claims Over Savings Accounts
May 19 2025 // Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they could move their money to...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils
May 19 2025 // Global insured losses from natural catastrophes hit $137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this trend continues, global...
Dog Bite Claims Soar in Frequency and Cost: Report
May 19 2025 // Insurers in the U.S. paid out about $1.6 billion in dog-related injury claims in 2024, according to data compiled by the Insurance Information Institute (Triple-I) and State Farm. The number of dog bite and related injury...
Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims
May 16 2025 // The Florida Supreme Court on Thursday declined to consider a petition in a condominium insurance case, leaving in place conflicting rulings from Florida appeals courts. The non-decision in American Coastal Insurance vs....
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