Insurance

Will State Farm Lose Its California License Over Fire Claims?
Insurance Will State Farm Lose Its California License Over Fire Claims?

The escalating conflict between the California Department of Insurance and State Farm has reached a critical juncture following a massive investigation into the insurer’s handling of claims from the catastrophic 2025 wildfire season. Insurance Commissioner Ricardo Lara recently announced that a

Rising Medical Costs Fuel 2026 Insurance Affordability Crisis
Insurance Rising Medical Costs Fuel 2026 Insurance Affordability Crisis

The United States insurance market is currently navigating a period of unprecedented volatility that is fundamentally reshaping how healthcare benefits are structured and delivered to millions of workers across the nation. This crisis is fueled by a convergence of rising medical inflation, the

GEICO Sues Florida Chiropractor Over $1.25 Million Fraud Scheme
Insurance GEICO Sues Florida Chiropractor Over $1.25 Million Fraud Scheme

A high-stakes legal confrontation in Florida is peeling back the layers of what federal investigators describe as a calculated attempt to drain millions from the state’s insurance system through a web of deceptive medical billing. This legal maneuver by GEICO highlights the insurer's aggressive

Does E&O Insurance Protect Managers from Tenant Lawsuits?
Insurance Does E&O Insurance Protect Managers from Tenant Lawsuits?

The legal framework surrounding residential real estate management faced a pivotal challenge when Hanover Insurance filed a federal lawsuit in Portland seeking a declaratory judgment against Marathon Management. This high-stakes confrontation highlights a growing tension between property managers

How Can Insurers Manage the Reality of Global Claims?
Insurance How Can Insurers Manage the Reality of Global Claims?

Paul Burgess serves as the Senior Vice President and Global Head of Multinational Claims at Sompo, where he navigates the intricate web of international insurance regulations and client expectations. With years of experience managing risks that span continents, he understands that the true test of

Iran Conflict Triggers Permanent Shift in Aviation Insurance
Insurance Iran Conflict Triggers Permanent Shift in Aviation Insurance

The sudden intensification of regional tensions involving Iran has fundamentally dismantled the era of cheap, predictable aviation insurance that defined the global aerospace industry for more than a decade. Long gone are the days of surplus capacity and soft market conditions where insurers

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