Laws & Regulations

Revolutionizing Hotel Insurance: How Data-Driven Is Your Policy?
Regulatory & Compliance Revolutionizing Hotel Insurance: How Data-Driven Is Your Policy?

An unexpected storm hits a bustling city, causing extensive damage to businesses. Among those affected are several hotels whose owners now face a dilemmIs their insurance policy equipped to handle such unforeseen events? In an industry increasingly reliant on precision and customization, it's

Is New York's Labor Law § 240(1) Raising Liability Stakes?
Regulatory & Compliance Is New York's Labor Law § 240(1) Raising Liability Stakes?

New York's construction industry stands as a beacon of both innovation and complexity, carrying immense significance for the region's economic fabric. Defined by its dynamic growth, the sector encompasses diverse segments, ranging from residential and commercial developments to infrastructure

Florida Court Backs Insurers' Right to Deny Coverage via Exclusions
Regulatory & Compliance Florida Court Backs Insurers' Right to Deny Coverage via Exclusions

In moments of crisis, can policyholders rely on their insurance to provide relief? A recent figure reveals that 30% of claims are denied based on policy exclusions, leaving many individuals and businesses in unexpected financial turmoil. In an evolving risk landscape, these exclusions can lead to

Indiana Court Overturns $600K Verdict in Teacher Retaliation Case
Regulatory & Compliance Indiana Court Overturns $600K Verdict in Teacher Retaliation Case

In the complex world of employment law and insurance, few cases highlight the intricate balance between employee rights and employer policies like the recent Indiana Supreme Court decision involving a school teacher's workers' compensation claim. Simon Glairy, an esteemed expert in risk management

How Do Policy Limits Impact Bad Faith Insurance Claims?
Regulatory & Compliance How Do Policy Limits Impact Bad Faith Insurance Claims?

In the complex landscape of insurance disputes, a recent decision by a Florida appellate court has brought renewed attention to the interplay between policy limits and bad faith claims in insurance litigation. This decision, involving the case of State Farm versus policyholder Catherine Hudnall,

Trend Analysis: Strengthening Insurance Fraud Laws
Regulatory & Compliance Trend Analysis: Strengthening Insurance Fraud Laws

Efforts to combat insurance fraud are gaining momentum, with legislative trends indicating significant shifts in how states tackle this pervasive issue. The state of Michigan is at the forefront, proposing a series of legislative changes aimed at enhancing its approach to insurance fraud. These

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