Virginia mandates insurers to document every loss estimate cut over $3,000
The statute’s existing provisions on auto claims are also worth noting for context. Virginia already requires that motor vehicle damage…
Tag: Insurers
Are insurers taking too many risks?
The returns have been impressive. By investing in private credit, including illiquid instruments that carry higher yields than publicly traded…
Ninth Circuit Finds Bad Faith in Insurer’s Refusal to Defend Mixed Allegations | Nossaman LLP
A panel of the Ninth Circuit held, in an unpublished opinion, that Allied World Specialty Insurance Company (Allied) must defend…
Oregon court throws out $1 billion wildfire verdict – and hands key insurers a lifeline
Which insurers stand to benefit – and which face new headwinds Liability tower – exposure reduced Subrogation carriers…
Oregon court throws out $1B wildfire verdict – and hands key insurers a lifeline
Which insurers stand to benefit – and which face new headwinds Liability tower – exposure reduced Subrogation carriers…
‘Less predictable, less trusted’ roads pile pressure on auto insurers, Nationwide study finds
On underwriting and pricing, the challenge is how quickly models can adjust to sustained increases in distraction and aggression when…
Second Circuit blocks insurers from recovering $7 billion in frozen Afghan bank assets
Judge Menashi dissented separately, agreeing that the president’s recognition of Afghanistan as a state should stand but arguing the bank…
Meta’s insurers win child harm defense battle in Delaware court
Hartford Casualty Insurance Company filed suit in Delaware on November 1, 2024, seeking a declaration that it owed Meta nothing.…
How insurers transform through technology and partnerships
Carbone highlights personal auto telematics as a case in point. Usage-based insurance (UBI) in North America initially focuses on pricing…
Mississippi proposes triple damages when insurers penalize nonfault accidents
House Bill 1274, introduced during the 2026 Regular Session by Representative Shanda Yates, takes direct aim at how carriers handle…