This article provides an overview of parametric insurance.
This is the thirdd in a series of articles analyzing the FloodFlash parametric flood insurance policy available now in California, Texas, Louisiana, Florida and Virginia. This article discusses the making a claim, other party at fault, and cancellation sections of the policy.
When a man tries to add himself to an accident scene, witnesses turn him in.
A unanimous New Jersey Supreme Court has ruled that a city's participation in a state insurance fund does not trigger liability coverage under a policy issued by Star Insurance Company.
We are starting to see an influx of claims where the loss report states the plumbing backed up into the sinks, showers, and/or toilets. Some of these claims…
The Texas Insurance Department approved rate increases by the FAIR plan for homeowners, condominium, dwelling, and tenant policies. Rates will take effect August 1, 2023.
The judges of the Commonwealth Court of Pennsylvania pointed out that, while "coverage" refers to a specific risk included by an insurance policy, "reimbursement" means paying someone back for money already spent.
Vice Chancellor J. Travis Laster of the Delaware Chancery Court recently issued a lengthy opinion in In Re McDonald's Corporation Stockholder Derivative…
There are better ways to handle a vehicle with mechanical issues.
This is the second in a series of articles analyzing the FloodFlash parametric flood insurance policy available now in California, Texas, Louisiana, Florida and Virginia. This article discusses the insuring agreement, sensor, and premium sections of the policy.