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The Supreme Court of Arizona recently answered two questions certified by the U.S. District Court for the District of Arizona that both concerned how an insurer may or may not use depreciation in calculating the actual cash value (ACV) of damaged property.

Insurance innovations enable carriers to use tech to react more quickly to inflationary pressures.

The backdrop to this year's confab: Florida's insurance industry is in crisis.

Personal auto lines have become a drag on the entire sector as inflation and loss cost severity continue to hammer insurers.

E&S professionals are in an ideal position to provide insurance coverage where it is most desperately needed.

The ratings issue has come at a turbulent time in Florida's property-insurance market, as carriers have shed policies and sought large rate increases because of financial losses.

Homeowners can still recover prevailing-party fees if they file lawsuits directly against insurers, but the contractors cannot.

The company received notice from Demotech of its intention to withdraw the insurer's financial stability rating.