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How the appellate court falls will determine how far a railroad's duty of care to its customers extends.
The case involves an intoxicated teen driver, who got into an accident and injured a passenger.
The December 5 opinion held that the coverage exclusion in Nationwide's policy went against the Motor Vehicle Financial Responsibility Law.
The outlook is driven by a host of factors, including rising loss cost severity and increased losses from secondary perils.
Around 15% of all auto premiums paid are used directly to cover undetected fraudulent claims, J.S. Held reports.
Insurance industry trade groups herald the new law, which allows insurers to waive pre-insurance inspections, noting it was a long time in the making.
Full coverage auto insurance costs more than double the price of minimum-required coverage, according to Nerdwallet.com.
Date: Tuesday, November 7, 2023 Time: 2pm ET | 11 am PT Cost: Complimentary Brought to you by: In the dynamic world of commercial insurance,…
Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.
Despite the challenges, insurers have a once-in-a-lifetime opportunity to embrace and leverage technology in new ways.
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