Casualty

Insurers Praise Ottawa's Trucking Fraud Crackdown, Urge More
Risk Management Insurers Praise Ottawa's Trucking Fraud Crackdown, Urge More

In a landscape where commercial trucking forms the backbone of Canada’s economy, the persistent shadow of fraudulent practices has long threatened both road safety and insurance affordability, casting a heavy burden on law-abiding businesses and policyholders alike. The Canadian property and

GEICO Faces $69.7M Lawsuit Over Unpaid Taxes and Penalties
Risk Management GEICO Faces $69.7M Lawsuit Over Unpaid Taxes and Penalties

In a legal showdown that has sent ripples through the insurance sector, GEICO Group insurers are embroiled in a federal lawsuit brought by the Municipal Association of South Carolina, with claims of unpaid municipal business license taxes and penalties amounting to a staggering $69.7 million. This

How Is Excess Insurance Fragmentation Changing the Market?
Regulatory & Compliance How Is Excess Insurance Fragmentation Changing the Market?

In the high-stakes world of excess insurance, constructing a coverage tower to protect against catastrophic losses has become a daunting challenge, as brokers often find themselves piecing together a $50 million shield for high-risk clients. Instead of relying on a few solid carriers, it now takes

Insurity Policy Decisions Evolution – Review
Technology & Trends Insurity Policy Decisions Evolution – Review

Setting the Stage for Insurance Innovation In an era where the property and casualty insurance sector processes millions of policies annually, the demand for streamlined, efficient systems has never been more pressing, and insurers, brokers, and managing general agents (MGAs) face mounting pressure

How Are Insurance Disputes Evolving Amid New Risks?
Insurance How Are Insurance Disputes Evolving Amid New Risks?

The insurance industry in the UK is undergoing a seismic shift as disputes multiply under the weight of emerging risks and societal changes, with litigation costs soaring due to policy ambiguities exposed by global events like pandemics. This guide aims to equip insurers, brokers, and underwriters

Why Did Best Buy Sue XL Insurers Over Crash Settlement?
Regulatory & Compliance Why Did Best Buy Sue XL Insurers Over Crash Settlement?

When a delivery truck careens down a California highway, leaving tragedy in its wake, the aftermath extends far beyond the wreckage, impacting lives and corporations alike. Lives are lost, families are shattered, and for a corporation like Best Buy, the financial and legal fallout can ignite a

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