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When a roof is damaged and during repair it is discovered that the decking is worn, should the decking be covered as part of the loss?
U.S.-based companies accounted for 20 of the top 50 largest nonlife insurers worldwide.
This case was first surfaced by Law.com Radar.
Plaintiffs are waiting to find out whether a judge will allow them to combine 78 lawsuits that claim Allstate unlawfully reduced coverage.
Insurance industry news from NEXT Insurance, NFP, Coalition and more.
Insurers under a new plan have agreed to write at least 85% of their California market share in high-risk zones.
Florida accounts for only 9% of U.S. insurance claims but represents 79% of homeowners' lawsuits.
Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.
Insurance fraud can cost U.S. consumers as much as $308.6 billion each year, according to a 2022 study by the Coalition Against Insurance Fraud.
Sustainable insurance withstands catastrophic events while enabling insurers to conduct business and plan for the future.