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A group of insurance subrogation plaintiffs are continuing to pursue separate claims against Hyundai Motor America and Kia America Inc.
In this case, the duty to defend depended on the condo board's knowledge of occurrences in the underlying suit.
Professional lines are feeling the impact of social inflation, making it an increasingly difficult segment for insurers.
Multiple types of insurance may cover liabilities arising from climate change cases, but the focus of coverage battles to date is on current and historic general liability policies.
Higher interest rates are translating into higher returns on insurer investments, according to the Swiss Re Institute.
The United Nations estimated 10,100 people remained unaccounted for while an investigation into what caused the collapse of two dams is ongoing.
Overall, 21% of auto and 30% of home policyholders said they've misled their insurer to save money.
The E&S marketplace continues to present fantastic growth opportunities, but the winds of change are blowing.
It may be tempting for P&C insurers to react to underwriting losses by reducing labor costs, but this approach is flawed.
While teen roadway deaths were up in 2020, the past decade saw an overall decline, ValuePenguin reports.
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