Shifts in how people work, live and drive are profoundly affecting the P&C insurance economy, adding more complexity, cost and time into the claims and repair process.
Recent legislation will not magically bring insurance companies back to the market overnight, but it can bring short-term relief and long-term stability.
"With negotiations concluded, Allstate ultimately paid $500,000, which was $400,000 more than what the company was contractually required to pay," said plaintiff counsel.