Litigation

Fraud adds 5%-10% to the overall amount in claims paid after a disaster, according to the National Insurance Crime Bureau.

Because of the suit, the state's insurance regulator ordered all travel insurers to remove mental health exclusions.

Writing for the panel, Fifth Circuit Judge James E. Graves Jr. said the court must determine whether the five categories of costs were losses incurred solely as a result of the system failure.

The proposed class encompasses Hartford Insurance policyholders in New Jersey and those insured by Twin City in Missouri who filed claims within certain dates.

Nikola claims it is prepared to resolve claims against its directors and officers, but its insurers refuse to approve to proposals.

Understanding the scope of related-claim provisions and how they work can minimize surprises should a claim arise.

The suit arises from an insured's objection to USAA's decision to declare her nearly restored 1983 Mercedes-Benz 300SD was a salvage vehicle after a collision

Previously, only the state Department of Banking and Insurance had authority to enforce unfair claims settlement practices in New Jersey.