Australia Clamps Down on Litigation Funders Following Surge in Class Action Lawsuits May 22, 2020 The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in...
Six Things to Know About the Recent Impasse Between Regulators and Insurers in the Aftermath of California’s Devastating Wildfires April 17, 2020 By Saumi Shokraee This post is part of a series sponsored by CoreLogic. California’s 2017 and 2018 catastrophic wildfire events hit state insurers...
California Wildfire Victims Fear They’ll Be Last in Payout February 27, 2020 By Michael Liedtke and Daisy Nguyen A $13.5 billion settlement between victims of California’s catastrophic wildfires and the utility blamed for causing them was supposed to...
Report: 2019 Was 7th Year in Last Decade with 10 or More Disasters of $1B-Plus February 12, 2020 By Don Jergler Last year was a particularly hazardous one, with natural catastrophes causing excessive damages in what appears to be an ongoing...
Wine ‘Smoke Taint’ Disputes Linger 2 Years After California Wildfires February 7, 2020 By Tyler Gerking Recent wildfires in California Wine Country, particularly those that devastated parts of Napa and Sonoma counties in October 2017, have...
California Man Arrested for Insurance Fraud on Top of an Apparently Legit $1M Claim January 22, 2020 A California man is being charged with attempting to defraud his insurer of $43,000 while his $1 million property claim...
Virginia Beach Mass Shooting Led to 450 Workers’ Comp Claims December 11, 2019 Workers’ compensation claims have emerged as another yardstick for measuring the devastation of the mass shooting in Virginia Beach. The...
Study Says Medical Payments Per Workers’ Comp Claim Decreased in North Carolina November 22, 2019 Medical payments per claim in North Carolina decreased five to seven percent per year since 2014, according to a recent...
California Commissioner Issues Emergency Notice to Expedite Wildfire Claims November 20, 2019 California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting...
BHSI Taps Villalba from Zurich Insurance as Head of Claims in Spain November 4, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Javier Villalba to its expanding leadership team in Spain as head...