Top West Insurance Journal Stories of 2023 December 29, 2023 By Don Jergler Insurers pulling back from an increasingly risky California market grabbed the attention of Insurance Journal readers this year. This was...
5th Circuit Reverses Class Certification in Lawsuit Alleging State Farm Undervalued Total-Loss Claims December 28, 2023 A federal appellate court reversed a trial court’s decision to certify a class of plaintiffs in a lawsuit that alleged...
Catalytic Converter Thefts Down by Half as Precious Metal Prices Drop November 8, 2023 By Jim Sams The number of insurance claims filed for catalytic converter thefts plummeted this year after rising dramatically in 2021 and 2022....
Contributory Doesn’t Nix Subsequent Negligence, Alabama Court Says in UM Case October 24, 2023 By Insurance Journal Staff Reports The Alabama Supreme Court has handed down two decisions that could have an impact on uninsured motorist claim payouts and...
State Farm Seeks $1.5M From Owners of Manhattan Garage That Collapsed July 27, 2023 By Andrew G. Simpson The collapse of a New York City garage in April was caused by the negligence of the owners of the...
Former Employee With Bladder Condition Sues State Farm Alleging Disability, Racial Bias July 19, 2023 By Andrew G. Simpson A Georgia woman who was employed by State Farm Automobile Insurance Co. for 20 years is suing the insurer alleging...
Climate Change and Homeowners’ Insurance Are on a Collision Course June 9, 2023 By Leslie Kaufman A summer that has already seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched...
Insurer Group Reacts to California Department of Insurance Musing on Cat Modeling June 8, 2023 By Don Jergler Insurer groups may be seeing the light at the end of the tunnel with a hint of a possible change...
California Insurers’ Inability to Price Risk Is Causing Headaches June 7, 2023 By Eric Roston California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change —...
State Farm’s California Halt Reflects Overall Poor Underwriting Experience, Ratings Agency Says May 31, 2023 By Don Jergler State Farm’s announcement last week that the carrier was no longer writing new personal or business property/casualty policies in California...