Regulatory & Compliance

Is State Farm's Payout Method Unfair to Policyholders?
Regulatory & Compliance Is State Farm's Payout Method Unfair to Policyholders?

Setting the Stage for Insurance Market Scrutiny In the dynamic landscape of auto insurance, a staggering number of policyholders face uncertainty when their vehicles are declared a total loss, with payouts often falling short of expectations. A pivotal legal challenge in Tennessee against State

Union Funds Sue Markel, CNA Over Surety Bond Failures
Regulatory & Compliance Union Funds Sue Markel, CNA Over Surety Bond Failures

Setting the Stage: A Crisis in Surety Bond Reliability In the heart of New York’s bustling construction sector, a staggering financial shortfall of approximately $2.84 million in unpaid union contributions has sparked a high-stakes legal battle that could redefine industry standards. The trustees

Eleventh Circuit Rules Medmarc Must Defend in Malpractice Case
Regulatory & Compliance Eleventh Circuit Rules Medmarc Must Defend in Malpractice Case

I’m thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, whose deep knowledge of risk management and AI-driven risk assessment has made him a trusted voice in the industry. Today, we’re diving into a significant recent ruling by the Eleventh Circuit in the Medmarc

Insurers Must Act Now on AI Risks, Legal Expert Warns
Regulatory & Compliance Insurers Must Act Now on AI Risks, Legal Expert Warns

The rapid integration of artificial intelligence (AI) into the Canadian insurance industry has brought unprecedented opportunities for efficiency and innovation, but it also presents a minefield of legal risks that cannot be ignored. At the National Insurance Conference of Canada (NICC), legal

How Do Social Factors Impact Workers’ Compensation Claims?
Regulatory & Compliance How Do Social Factors Impact Workers’ Compensation Claims?

In the intricate world of workers’ compensation, the influence of social factors often emerges as a hidden force that can either accelerate recovery or derail it entirely, leaving employers and insurers grappling with escalating costs. Imagine a scenario where two workers suffer identical injuries

Zurich Sues Lendlease, Starr Over NYC Construction Coverage
Regulatory & Compliance Zurich Sues Lendlease, Starr Over NYC Construction Coverage

Imagine a bustling construction site in the heart of New York City, where a single worker’s injury in 2019 at 1185 Broadway spirals into a multimillion-dollar legal battle over insurance coverage, pitting Zurich Insurance against Lendlease and Starr Indemnity. This conflict raises critical

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