Sun.Oct 27, 2024

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Judge Approves US $102 Million Settlement Over Baltimore Bridge Collapse

Insurance Journal

A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore’s Francis Scott Key Bridge in March, killing six people. The payment, approved by U.S.

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Reflections on the Erie COVID-19 MDL: A Bittersweet Journey Through Unprecedented Insurance Coverage Territory

Property Insurance Coverage Law

The recent voluntary dismissal of the Erie COVID-19 Business Interruption Protection Insurance Litigation marks the end of a significant chapter in insurance coverage law.1 As a member of the Plaintiff’s Steering Committee in this MDL, I had the privilege of working alongside some of the most talented policyholder attorneys in the country, including Kelly Iverson, … The post Reflections on the Erie COVID-19 MDL: A Bittersweet Journey Through Unprecedented Insurance Coverage Territory

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Report: California Auto Sales Leveling off, Tesla Sales Slip

Insurance Journal

New vehicle registrations in California seem to be leveling off, while consumer tastes for Telsas cooled slightly. California’s new light vehicle registrations fell by 1.

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Top 9 Trusted Car Insurance Companies in Florida

Top Insurance Blogs

in-depth look at each of these trusted car insurance companies in Florida, including what they offer, their history, benefits, locations, and the reasons behind their popularity: 1. State Farm 2. GEICO 3. Progressive Learn how to claim insurance in Florida 4. Allstate 5. USAA 6. Liberty Mutual Read about: Root Insurance in Florida 7. Travelers […] The post Top 9 Trusted Car Insurance Companies in Florida appeared first on My Top Insurance Blogs.

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Universal, AmCoastal Report Some Costs from Helene, Milton for Q3

Insurance Journal

One of Florida’s largest property insurers and one of its smaller carriers reported losses at least partly related to Hurricane Helene, which landed just before the third quarter closed, and from Hurricane Milton, which struck less than two weeks later.

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California Phlebotomy Lab and Owners to Pay $135K to Over Alleged False Claims for Blood Testing

Insurance Journal

A mobile phlebotomy lab and its owners have agreed to pay at least $135,000 to resolve False Claims Act allegations that they submitted false claims for services and associated travel mileage and paid kickbacks to a third-party marketer of the …

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Revolutionizing Catastrophe Modeling with CoreLogic’s Navigate™: A Cloud-Based Approach

Insurance Journal

Take control of your risk management strategy In today’s rapidly changing risk management environment, efficiency isn’t just an advantage—it’s essential. Achieving this efficiency requires continuous efforts to streamline operations, lower costs, and enhance accuracy.

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Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Insurance Journal

Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years.

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US Investigating Breach of Telecoms by China-Linked Hackers

Insurance Journal

The US government said Friday it was investigating unauthorized access by Chinese state-affiliated hackers targeting the commercial telecommunications sector.

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NTSB: Chicago Train Operator Had Alcohol in His System During 2023 Crash

Insurance Journal

CHICAGO (AP) — Federal investigators say the operator of a Chicago commuter train that crashed almost a year ago had alcohol in his system but it wasn’t a factor in the incident.

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Jury Hands $5.2B Verdict Against Vegas Company in Bottled Water Liver Damage Suit

Insurance Journal

A jury in Nevada has delivered a $5.

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Lawsuits Claim Children Were Sexually Abused in Pennsylvania Juvenile Facilities

Insurance Journal

A set of lawsuits was filed last Wednesday by people who claim they were sexually abused inside Pennsylvania juvenile detention and treatment facilities, making more than 200 people to have launched such cases since May.

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