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The 89 lawsuits against a corporate defendant in 2023 that resulted in a nuclear verdict of at least $10 million is the largest number of such cases in a single year since 2009.
CoreLogic estimates that more than 7,000 homes and businesses may have been damaged or destroyed in these storms.
Overall, the fatality rate dropped to 1.26 fatal crashes per 100 million vehicle miles traveled, down from 1.33 fatalities in 2022.
How much does getting a speeding ticket really affect a driver's auto insurance premium?
The FC&S coverage experts review some recent instances of insurance fraud.
Insurance industry news from Messagepoint, Quadient, ICEYE and more.
State Farm determined these states have the highest rates of animal collisions in the U.S.
Hailstorms cause an average of more $1 billion in property damage annually. But hail claims have skyrocketed in recent years.
A New York-based insurer allegedly has an outsized role in providing coverage to tankers carrying Iranian oil.
To recoup damages, the plaintiff's counsel honed in on the defendant's homeowners, rather than auto, insurance policy.
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