California is currently grappling with a severe auto insurance crisis, exacerbated by the ever-increasing number of uninsured drivers and rising insurance premiums. This situation is further complicated by Proposition 213 (Prop. 213), a law that significantly limits the compensation uninsured
The potential economic impact of climate change on property values in the United States is becoming increasingly evident. Human-driven climate change could lead to net property value losses amounting to $1.47 trillion due to rising insurance costs and changing consumer demand. This significant
The coastal regions of North Carolina have been at the center of a heated debate over homeowner insurance rates. The North Carolina Rate Bureau (NCRB) initially proposed a nearly 99% increase in premiums for homeowners in the tri-county beach areas, sparking significant public outcry. This proposal
Horizon Casualty Services, Inc. (HCS) has established a prominent position as a leading provider of workers' compensation (WC) and personal injury protection (PIP) services in New Jersey. Since its founding in 1994, HCS has been committed to achieving optimal outcomes for individuals injured either
The captive insurance market in Vermont is experiencing remarkable growth, driven largely by the increasingly challenging conditions in the broader commercial insurance landscape. Businesses, facing difficulties in securing adequate coverage, are increasingly turning to captives as viable
The property and casualty (P&C) insurance industry is on the brink of significant transformation as it approaches 2025. Customer expectations are evolving rapidly, driven by technological advancements and shifting risk landscapes. Insurers must adapt to these changes to stay competitive. This
The commercial insurance market has been experiencing significant instability, prompting businesses to seek alternative risk management solutions. One such solution gaining traction is captive insurance. This article delves into the current market conditions, the benefits of captive insurance, and
Medicare, a federal health insurance program primarily serving individuals aged 65 and older as well as certain younger people with disabilities, could potentially save $7.7 billion by aligning payments to Critical Access Hospitals (CAHs) for swing-bed services with the fee-for-service (FFS)
The UK insurance sector is poised for substantial regulatory changes in 2025, with a flurry of new rules and deadlines impacting various segments of the market. These pivotal changes are designed to enhance operational resilience, consumer protection, and inclusivity within the industry. As
The subject of analysis in this article is a legal ruling by Florida’s Third District Court of Appeal regarding the duty of Old Republic National Title Insurance Company to defend its insureds in a title dispute lawsuit. Centered on interpreting insurance policy terms, this case deliberates on the
