Insurance company insolvencies bring multiple statutory provisions when state insurance guaranty associations are triggered. One such provision that insureds, claimants, agents and attorneys should be aware of is the "Net Worth Exclusion". A brief summarization of the model act general provisions and examples are discussed in this article.

The definition of insurance fraud and penalties as listed in Maryland statutes.

Can an intentional act be considered an accident in certain circumstances?

A summary of the Florida insurance department memorandum advising insurers of new regulations.

An overview of the TikTok videos providing instructions on how to steal certain model vehicles.

The Connecticut Insurance Department issues a notice to insurers regarding the underwriting of certain Hyundai and Kia model vehicles that are currently susceptible to theft.

When property is kept in a storage unit, what coverages apply?

In an effort to earn some cash, a man files multiple claims for the same damages to the vehicle.

While an ordinary insured would easily understand that oil leaking into the ground was a pollutant, the line was murkier when considering home heating oil leaking into a home.

An overview of the overhead and profit issue.