Specialty Insurance

Will North Carolina See Another Auto Insurance Rate Hike in 2025?
Insurance Will North Carolina See Another Auto Insurance Rate Hike in 2025?

As North Carolina residents brace for what could potentially be another inevitable rise in auto insurance rates, insurance companies have made a notable request that could come into play by fall 2025. This latest proposal closely follows a recent two-year period that saw a 4.5% annual increase

February 7, 2025
Are California's Uninsured Drivers Struggling Due to Prop. 213?
Insurance Are California's Uninsured Drivers Struggling Due to Prop. 213?

California is currently grappling with a severe auto insurance crisis, exacerbated by the ever-increasing number of uninsured drivers and rising insurance premiums. This situation is further complicated by Proposition 213 (Prop. 213), a law that significantly limits the compensation uninsured

February 5, 2025
Will Alberta's No-Fault Insurance System Benefit Consumers in 2027?
Insurance Will Alberta's No-Fault Insurance System Benefit Consumers in 2027?

The auto insurance landscape in Alberta is on the brink of a significant transformation. With the provincial government planning to implement a no-fault insurance system by January 2027, there is a heated debate about whether this change will truly benefit consumers. The impending shift presents a

February 3, 2025
What Are Lender's Duties for Insurance Proceeds After Wildfires?
Insurance What Are Lender's Duties for Insurance Proceeds After Wildfires?

The devastating California wildfires have left lenders grappling with the complex issue of releasing insurance proceeds for the repair and restoration of damaged properties. As entire communities are laid to waste and property values significantly diminish, lenders face the daunting task of

January 28, 2025
Is Free Patient Support for Travel and Lodging Within Legal Guidelines?
Insurance Is Free Patient Support for Travel and Lodging Within Legal Guidelines?

The Office of Inspector General (OIG) recently issued a favorable opinion in Advisory Opinion No. 24-13 regarding a pharmaceutical manufacturer's program that provides free transportation, lodging, and support to eligible patients and their caregivers. This opinion, released on December 31,

January 23, 2025
How Are Insurance Companies Redefining Fund Finance Competitions?
Insurance How Are Insurance Companies Redefining Fund Finance Competitions?

The landscape of fund finance is undergoing a significant transformation as the roles and influence of insurance companies evolve in unprecedented ways. This transformation, driven by the ever-increasing complexity of financial markets, has prompted a reevaluation and revision of fund finance

January 21, 2025
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