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Around 45% of all adult homeowners believe extreme weather will damage their homes in the next 30 years.
A woman seriously injured after a fall on black ice settled her suit against the property owner and snow removal contractor for $2.15 million.
Evidence suggests that most public M&A participants do not utilize representations and warranties insurance when dealmaking.
New rules from the U.S. Securities and Exchange Commission mandate that companies disclose their cybersecurity risks and strategy.
APCIA reported the rule will continue to throw the state's insurance market into chaos and will raise rates for over a million consumers.
Sensitive personal data details are not believed to have been breached, several impacted companies reported.
The state commissioner's March 2021 order prohibited insurers from using credit scoring to set insurance rates.
Two major hurricanes arrived in New Orleans 16 years apart, and both provide lessons for the insurance industry.
A majority of policyholders also reported valuing the 'human touch' more than saving on their coverages.
Businesses have filed nearly 1,700 lawsuits for business interruption coverage claims following lockdowns in 2020.
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