A carefully crafted contractual promise intended to shield a major homebuilder from liability has instead become the epicenter of a complex federal lawsuit, pitting developer Pulte Homes against three insurance companies in a high-stakes battle over who pays for a legal defense. This dispute, which
A California appeals court ruling has decisively settled a high-stakes debate over insurance availability, reinforcing the California FAIR Plan's limited role and leaving the state to grapple with how to provide comprehensive coverage for its highest-risk properties. The decision effectively blocks
The dismissal of a long-serving employee can ripple through an organization, but rarely does it culminate in a legal judgment so monumental that it forces an entire industry to re-evaluate the true cost of casting aside experience. In a landmark decision that sent shockwaves through the corporate
The very framework designed to protect community-serving organizations from catastrophic risk is systematically dismantling their ability to function, creating a paradox where insurers are abandoning the sector they are meant to support. For the nation's nonprofit organizations, insurance is not a
A Looming Threat: Unpacking the Link Between Insurance Ratings and Housing Stability A formal inquiry by U.S. Senators is scrutinizing Demotech, an insurance ratings firm, over concerns its assessments create hidden risk for the U.S. mortgage system. The probe questions why government-backed
As the calendar turns, Alaska is poised to implement a suite of significant legislative changes that will reshape key sectors of its economy and daily life, affecting everything from how insurance is sold and data is protected to the speed at which medical treatments are approved. These new laws,
