Commercial Lines

Fewer than 40 vessels were total losses in 2022, a 36% drop from the year prior, AGCS reports.

The insurer refused the claim because it determined that the hurricane caused only minor damage to the property, and that the cost of any repairs was less than the insurance policy's deductible.

Insurance agents and brokers in the Golden State have little choice but to help clients navigate the situation.

The deputies will be charged with overseeing the implementation of recently enacted insurance legislation.

The structure is the tallest ever subjected to simulated earthquakes on the world's largest high-performance 'shake table.'

Without definitive guidance from New York courts, we can expect practitioners and courts alike to continue to grapple with questions.