The appraisal process in Minnesota has long been a cornerstone in resolving disputes over the value of insured property losses, focusing primarily on determining the cause of damage and the cost of repairs while leaving coverage issues to the courts. Recent judicial shifts have spurred a crucial
The Prudential Regulation Authority (PRA) has recently issued a significant Dear CEO Letter, outlining its expectations for UK insurers by the year 2025. This letter places a substantial emphasis on the Bulk Purchase Annuity (BPA) market, which has been experiencing unprecedented growth and
On January 3, 2025, the Delaware Superior Court delivered a significant ruling regarding the "bump-up" exclusion in Directors and Officers (D&O) insurance policies. The case involved Harman International Industries and Illinois National Insurance Company, centering on whether the
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 i
The Consumer Product Safety Commission (CPSC) plays a crucial role in safeguarding the public from potentially dangerous consumer products. Recently, the CPSC announced recalls for several widely used products known to present serious fire hazards. These announcements have stirred concerns
In today’s rapidly evolving cybersecurity landscape, many organizations continue to rely on external consultancy firms or manually updated risk registers for conducting risk assessments. Although these approaches can bring a level of expertise or structure, they often prove to be expensive, slow to
