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A subsidiary of Travelers Cos. Inc., Charter Oak Fire Insurance Co., has been sued over its denial of a hail damage claim. The policyholder is now seeking to compel an appraisal process.
The pet insurance market is projected to experience robust growth in the coming years, driven by factors such as rising disposable incomes and increased awareness of pet healthcare.
Palomar Holdings, Inc. has announced the acquisition of Advanced AgProtection (AAP), a Texas-based managing general agent (MGA) specializing in crop insurance. This strategic move follows a two-year partnership and marks a significant expansion of Palomar’s presence in the growing crop insurance market.
A new report by KPMG highlights the growing use of artificial intelligence (AI) in the insurance industry, with significant differences between life and general insurers. Despite high expectations for competitive advantage, trust in AI is a notable concern.
Marsh has announced the appointment of Adam Russell as the head of global wholesale, effective immediately. This strategic move aims to enhance placement services and expand global client access.
The Oregon Court of Appeals ruled that attorney fees in an insurance settlement should be based on hours worked, not a percentage of the policyholder’s recovery.
This overview provides information about homeowners insurance in Washington.
The Kentucky Court of Appeals has affirmed that commercial general liability (CGL) policies do not cover damages resulting from foreseeable construction defects.
An analysis of contingent business interruption (CBI) coverage in the context of the Los Angeles area fires, including relevant case law and potential challenges for policyholders.
Symetra announces Ravi V. Agadi as vice president, Platform Partnerships, for Workforce Benefits, bringing over 25 years of experience to the role.