David Blades (pictured above), associate director, industry research and analytics at AM Best, said that social inflation, life care plans, jury anchoring, and litigation financing

Under the statute, policyholders are no longer permitted to reassign post-loss benefits, including any rights, duties, or benefits under their insurance policies. While insurers cannot

If the total taxes calculated under the bill amount to less than $5,000 in a given year, the captive insurance company must pay a minimum

Anthony R. O’Donnell // May 14, 2025 (Image source: Classiq.) Classiq (Tel Aviv, Israel) has announced it has raised $110 million in Series C funding, the

The case stemmed from disputes over insurance coverage for two commercial properties in Louisiana that were damaged during Hurricane Ida in August 2021. After the

But the appellate panel disagreed. Writing for the court, Judge Noah P. Hood explained that the term “accident” wasn’t defined in the policy, so Michigan

The Montana Legislature has approved a new measure requiring insurance companies operating in the state to disclose detailed wildfire risk score information when used to

The legislation, which has already cleared the House by an overwhelming 96-17 margin, proposes to bar individuals who are unlawfully present in the US from

Anthony R. O’Donnell // May 14, 2025 (Image source: FirstChoice website.) Linqura (Hartford, Conn.) has announced a strategic partnership with FirstChoice (Woodmere, Ohio), a MarshBerry company, to provide

Article 0 Comments The Consumer Financial Protection Bureau dropped its lawsuit against Walmart Inc. and one of its financial-technology partners, the latest of the agency’s