Coverage & Policy Issues

Valued policy laws generally apply only to buildings and structures, and only to losses due to perils specified in the law.

Forty percent of respondents who recently cancelled a policy did so because they no longer found it affordable.

While 28% of dog owners said the vet is their biggest monthly cost, just 2% reported having pet insurance.

Though the judges of the Eleventh Circuit ruled the insurer was bound to defend the insured, they said it was too early to determine the duty to indemnify.

The trucker contends he wrote and sold works of fiction as a hobby. His writing career, which started before the injury, earned him around $40 annually.

Godiva successfully argued that the class action settlement was not a penalty, which would have been excluded, but rather a form of compensation.

Capacity is opening up in the D&O market, leading to buyer-friendly conditions.

By 2030, insurance premiums on top decarbonization technologies and renewables could reach $10 billion to $15 billion.