In an era of heightened climate risks and evolving insurance dynamics, the traditional insurance model faces a conundrum. Insurers find themselves grappling with the aftermath of more frequent and severe storms, and struggling to collect adequate premiums while navigating stringent …
Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday. The move, along with other actions, highlights the …
The U.S. Food and Drug Administration (FDA) on Wednesday classified the recall of Philips’ medical imaging devices as most serious as their use could cause serious injuries or death. The Dutch medical devices maker started the process on Nov. 30 …
Property insurance contracts often contain provisions requiring insureds to “incur” costs before insurance companies issue payments. For example, “ordinance or law” provisions provide “you may use up to 25% of the limit of liability that applies . . . for …
California Insurance Commissioner Ricardo Lara issued an official notice to insurers regarding consumers who have been reporting issues obtaining auto insurance coverage. The California Department of Insurance continues to receive numerous complaints from consumers who have been having issues obtaining …
A new analysis of court cases in California over a year showed civil rights cases and personal injury cases were the most common civil cases in the state. Of the 25,636 civil cases in California for the 12-month period ending …
A year after pleading no contest to criminal charges, one of Pennsylvania’s leading natural gas companies is poised to drill and frack in the rural community where it was banned for a dozen years for polluting the water supply. Coterra …
Do “surface waters” covered by property flood insurance include rainwater that accumulated on an enclosed roof one or more stories above the ground? The landlord and operator of a suburban Massachusetts hospital disagree with their insurers on the answer to …
Wegman’s Food Markets was wrongly denied an opportunity to cross-examine an injured employee’s doctor, the New York Court of Appeals has ruled, overturning rulings by a workers’ compensation law judge, the New York State Workers’ Compensation Board and a lower …
The Louisiana Department of Insurance (LDI) announced that several fire districts have received improved fire ratings between July and December 2023, which may lead to reduced fire insurance premiums for property owners in the associated area. According to LDI, fire …
