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Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
There was a 68% increase in the overall number of compromised records from 2020 to 2021.
Plaintiffs claimed a valuation adjustment allowed the insurer to “thumb the scale” when paying claims.
Home values in the U.S. have increased 2.6% over the last year, according to Zillow.
Scammers paid insurance company employees to leak customer information in order to intercept claim payouts.
Root joins several other insurers facing fines in New York as the result of a data breach.
Lithium-ion fires involve thermal runaway — a chemical process that occurs when a battery cell is abused or damaged.
One insured says his premium increased 91% after his first accident, though GEICO called it a "surcharge."
Around 40% of farmland in the U.S. is set to change hands over the next two decades.
The State of New York claims online quoting tools made driver data exceptionally easy for hackers to acquire.
GEICO wants a declaration that it is not legally obligated to reimburse over $1.7 million in pending “fraudulent” no-fault claims from a New York pharmacy.