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Growing repair and replacement costs and labor challenges hampered auto insurers' results in 2023. Will 2024 bring more of the same?
The opinion held that the coverage exclusion in Nationwide's policy went against the Motor Vehicle Financial Responsibility Law.
New FEMA maps drawn in 2012 included many more homes in flood zones that required flood insurance than previous maps.
In 2024, the workers' comp segment will also contend with higher demand for mental health services and changes to state fee schedules.
The December 5 opinion held that the coverage exclusion in Nationwide's policy went against the Motor Vehicle Financial Responsibility Law.
Insurers are in the business of risk transfer, so they should know better than most the risk involved with attorneys performing the same business function as that of a typical insurance adjuster.
An insurer claimed there was only an incidental connection between the victim's injuries and the bus she was in.
See the states that had the most catalytic converter thefts so far this year as well as the total costs to cover the claims.
Topa Insurance was fined $2.1 million over an allegation that more than two dozen auto claims were mishandled.
The decision could have wide-ranging implications for insurance disputes — even those on land.
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