The filing listed a series of issues, including saying that the insurer's "assets if made immediately available are insufficient to pay all of its liabilities."

Employees further admitted that there was a pattern of thefts by other Spectrum employees against customers and the company failed to take action.

Insurance technology news from Extraordinary Re, Zesty.ai, Cowbell Cyber and more.

Cooler water in the tropical Atlantic will help tamp down the season's ferocity, according to two updated forecasts.

A Florida Appeals Court upheld that an insured cannot recover damages from an insurance company if they failed to comply with the policy and failed to allow the insurer to make the necessary repairs.

The automakers are a facing class action suit alleging the cars are defective because they are so easily stolen.

United Property & Casualty Insurance Co. was one of three insurers downgraded by the Demotech ratings agency amid widespread financial troubles in the state's property-insurance market.

This comes after Geico made the decision in April 2022, to suspend quoting in their call centers across several states — including California.