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
The large-scale insurance claims in Los Angeles, characterized by complexity and diversity, require a methodical, informed approach grounded in precision and collaboration. The particular blend of urban development and susceptibility to natural disasters such as earthquakes and wildfires in Los
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
The life insurance industry is experiencing a significant transformation driven by the integration of advanced technologies like artificial intelligence (AI), big data, and blockchain. These innovations are fundamentally changing the landscape of life insurance, impacting how insurers assess risk,
The recent decision by the United States District Court for the Southern District of Texas in Hudson Excess Ins. Co. v. Filipp Oilfield Services LLC et al. has provided significant insights into the insurer's duty to defend its insured in a lawsuit involving bodily injury. The case, decided on
The Diocese of Rockville Centre is navigating a complex legal landscape as it seeks to resolve numerous Child Victims Act lawsuits through Chapter 11 bankruptcy. The primary objective is to protect the Diocese, its 136 parishes, and schools while ensuring equitable compensation for the victims and
