27 07, 2026

People Moves: Lara Appoints California Statewide Advisory Board Members

By | July 27th, 2026|Uncategorized|Comments Off on People Moves: Lara Appoints California Statewide Advisory Board Members

California Insurance Commissioner Ricardo Lara made several appointments and reappointments to the California Department of Insurance’s statewide governing boards. These include naming newly appointed members Andrea Hecht and Jim Taylor to the California Insurance Guarantee Association (CIGA) Board of Governors …

27 07, 2026

Miami’s Ultra-Luxury Home Sales Top NYC, Bay Area on Wealth Flight

By | July 27th, 2026|Uncategorized|Comments Off on Miami’s Ultra-Luxury Home Sales Top NYC, Bay Area on Wealth Flight

Miami’s ultra-luxury real estate market is on track to shatter records in 2026, outpacing sales in New York City and the Bay Area as wealth continues to migrate to low-tax states. In the first six months of the year, 24 …

23 07, 2026

Florida’s Share of US Claims Lawsuits Down to Nearly Half of 2020 Numbers, Data Show

By | July 23rd, 2026|Uncategorized|Comments Off on Florida’s Share of US Claims Lawsuits Down to Nearly Half of 2020 Numbers, Data Show

At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement for reforming the state’s insurance claims litigation statutes: Floridians had produced about 9% of all homeowners’ claims in the U.S. …

24 07, 2026

Report: Claims Severity Reaches All-Time High, Frequency Declines

By | July 24th, 2026|Uncategorized|Comments Off on Report: Claims Severity Reaches All-Time High, Frequency Declines

All Peril severity reached an all-time high in 2025, rising 25.9% from a year earlier, a new report shows. LexisNexis Risk Solutions released its 2026 U.S. Home Trends Report, which looks at loss cost, claims frequency and severity. Related: Changes …

24 07, 2026

Chocolate Maker Lindt Faces US Lawsuit Over Child Labor Allegations

By | July 24th, 2026|Uncategorized|Comments Off on Chocolate Maker Lindt Faces US Lawsuit Over Child Labor Allegations

Lindt & Spruengli AG has been sued by an activist law firm in the U.S. which alleges the Swiss chocolate maker is falsely promoting its efforts to battle child labor in Ghana and the Ivory Coast from where it sources …

24 07, 2026

Man Once Sued in Subrogation Case Charged With $159K in Fraudulent Insurance Claims

By | July 24th, 2026|Uncategorized|Comments Off on Man Once Sued in Subrogation Case Charged With $159K in Fraudulent Insurance Claims

A central Florida man who has been cited for numerous traffic violations and who was once sued by State Farm in an auto accident subrogation case, has been charged with submitting more than $159,000 in fraudulent health insurance claims. Two …

24 07, 2026

US to Begin Work on New Car Door Safety Rules After Deaths in Teslas

By | July 24th, 2026|Uncategorized|Comments Off on US to Begin Work on New Car Door Safety Rules After Deaths in Teslas

U.S. auto safety regulators will start developing new requirements to ensure drivers and passengers can safely exit their vehicles, a significant move to address issues exposed by sometimes deadly incidents in which people have become trapped inside cars. The National …

24 07, 2026

Hybrids Boom as EVs Fall Out of Favor Even in California

By | July 24th, 2026|Uncategorized|Comments Off on Hybrids Boom as EVs Fall Out of Favor Even in California

In America’s EV stronghold, another type of vehicle is rapidly gaining ground. Hybrids accounted for almost one in every four automobiles registered in California in the second quarter, according to newly released data from the California New Car Dealers Association. …

24 07, 2026

WCIRB: California Comp Premium Leveled off, But CT Claims Frequency Rose

By | July 24th, 2026|Uncategorized|Comments Off on WCIRB: California Comp Premium Leveled off, But CT Claims Frequency Rose

California workers’ compensation premium growth leveled off as rates stabilize, but rising cumulative trauma claims continue to drive claim frequency higher, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its 2026 State of the System …

24 07, 2026

NJ High Court Rules Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration

By | July 24th, 2026|Uncategorized|Comments Off on NJ High Court Rules Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration

New Jersey’s high court has ruled that Allstate Insurance has a right to a jury trial for its fraud and conspiracy claims brought against more than 30 medical providers under the state’s Insurance Fraud Prevention Act (IFPA) and the Anti-Racketeering …