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The 89 lawsuits against a corporate defendant in 2023 that resulted in a nuclear verdict of at least $10 million is the largest number of such cases in a single year since 2009.
Just four months into 2024, CoreLogic reports 1.75 million acres in the U.S. have been burned by wildfires.
Global tax services provider Ryan has already filed suit in a Texas federal court claiming this action exceeds the FTC's statutory authority.
Despite the current hard-market challenges, now may be the perfect time to become an independent insurance agent.
Philanthropic insurance news from IICF.
In 2023, the Texas Dept. of Insurance issued Go a cease and desist after receiving over 50 complaints about the company's practices.
Insurance industry news from EMC Insurance, PoloWorks, King Insurance Partners and more featured in weekly update.
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
High winds from these storms reportedly cut power to more than 250,000 customers across the south on Wednesday.
Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.