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After reviewing complaints where aerial images were relied upon to support nonrenewal, the Department found many of the images did not definitively show material roof damage.
In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.
When people see others engaging in misconduct, they are more likely to engage in it themselves.
Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.
With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.
Among the lawsuits is a civil RICO action over allegations that the insurer and 10 other carriers have operated as a 'cartel.'
The disaster at the Francis Scott Key Bridge is likely to cause huge disruption at one of the country's busiest ports.
The Watch Register calls for one centralized, global database for lost or stolen luxury watches to reunite more owners with their timepieces.
John Oxendine admitted to his role in a health care kickback scheme that netted him hundreds of thousands of dollars.
Insurance technology news from Family Guardian Insurance Company, ZestyAI, NFP and more.