1+ week, 5+ day ago   (328+ words) Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Related: California Taking Action Against State Farm Over LA Wildfire Claims The…...

3+ week, 2+ day ago   (288+ words) Editor’s note: This is the first installment in a four-part series on the erosion of integrity in property claims. Part I measures the decline. Part II will document the misconduct driving it. Part III will trace the causes to a…...

4+ week, 2+ day ago   (789+ words) UnitedHealth Group Inc. board members ignored a raft of governance and oversight risks for years before catastrophic failures triggered billions in losses for investors, a shareholder lawsuit alleges. An amended complaint filed Aug. 7 in a Minnesota federal court reveals new…...

1+ mon, 2+ week ago   (357+ words) Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer. The drugmaker said the proposed resolution represents “an efficient conclusion” to the lawsuits. The…...

2+ mon, 2+ day ago   (326+ words) London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the U.S. and Iran exchange attacks. Two…...

3+ mon, 1+ week ago   (1056+ words) The U.S., Mexico and Canada are set to blow past a July 1 milestone to renew their trade deal, opening the possibility of months or years of haggling over the rules and tariffs for auto manufacturing and other industries, people familiar with…...

3+ mon, 1+ week ago   (1211+ words) In property/casualty insurance, appraisal has long existed as a mechanism to resolve disagreements over the amount of loss. For decades, it has been viewed as a useful—if occasionally underutilized—tool in the claims process. That perception is changing…...

3+ mon, 1+ week ago   (230+ words) A years-long dispute over a portfolio of commercial properties in Southern California that sparked credit concerns at several banks last year has led to a roughly $1.34 billion arbitration award. Real estate owner Mohammad Honarkar was “fraudulently induced” into doing business…...

3+ mon, 2+ week ago   (1253+ words) Workers’ compensation is entering a period of heightened complexity as regulatory changes and policy shifts continue to unfold across federal and state levels. So far this year, a surge in legislative activity, combined with evolving federal healthcare policy and persistent…...