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Filing a second fire claim can increase home insurance rates by more than 40%.
State Farm has filed suit against several chiropractors and medical providers claiming they have perpetuated fraud for the last 8 years, costing policyholders millions of dollars.
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.
Some of the most astonishing cases in the past five years bring new meaning to the cry of 'excessive.'
Social inflation generally describes verdicts that exceed $10 million but can apply to any unreasonably large award given the facts of a case.
Premiums across the state have doubled and in some cases tripled, according to a New Orleans-based agent.
Customers aren't happy about auto rate increases, but have found value in usage-based technology and transparency from their insurers.
Voters in California, Georgia, Kansas and Oklahoma will select their next insurance commissioners in November.
Another judicial opinion underscores the dire record of business owners seeking coverage for losses attributed to COVID-19.
Rate hikes taint results even though incumbent carriers hold their own against insurtechs when it comes to digital services.
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