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Properly assessing damages is crucial to developing a clear plan for handling a liability claim.
Rising interest rates, high home prices, a tight labor market and a possible recession all create performance pressure for realtors.
Social inflation generally describes verdicts that exceed $10 million but can apply to any unreasonably large award given the facts of a case.
Alexia Cruz, the claim general counsel at Travelers, predicts analytics will be 'instrumental' in identifying cases that could yield large verdicts.
Insurers must learn from past wildfires to create the most accurate risk assessments for their customers.
The no-fault system is rife for fraudsters' exploitation and leaves the injured on the hook for unpaid medical bills and lost wages.
Many small business owners erroneously think they are 'too small' for these risks.
The U.S. Court of Appeals for the 11th Circuit has joined courts across the country in siding with an insurer against businesses trying to recoup profits lost during the COVID-19 pandemic.
Social media firms continue to take advantage of a vulnerable population, will their insurers be on the hook to defend and indemnify?
The case revolves around a claim of negligence, which the plaintiff said delayed a cancer diagnosis.