Backers said it would lower insurance rates and improve business outcomes for small trucking companies. Opponents said it would deny plaintiffs valid procedural claims.

Insurance technology news from Duck Creek Technologies, Municipal Property Insurance Company, Two Sigma Insurance Quantified and more.

The firm has executed several buyback programs totaling about €3.2 billion over the past two years.

United Property & Casualty has faced deep financial problems for months, including announcing in August that it would exit Florida's troubled homeowners' insurance market.

Insurance industry news from Ushur, Tysers, CIECA and more.

State Farm asserted that requiring it to participate in an appraisal with an 'incompetent' umpire that it did not contractually agree to will result in extra costs and delay.

A judge from the Eastern District of Louisiana has dismissed a case where the plaintiff's attorney didn't actually have an agreement with the plaintiff when the suit was filed.

"JIFs protect members against liability through 'self-insurance.' 'Self-insurance' is not insurance," New Jersey Supreme Court Justice Douglas Fasciale wrote.