Law and legal issues

The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.

The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts.

To use more outside affiliates to acquire customers, insurers draw on funds allocated for claims payments, according to a report by an independent analyst firm.

Insurance industry economic cycles match premium increases more than litigation judgments do, an advocate for civil justice for consumers says.

As a market leader, Rocket Companies rebranding comes in the foreground of several court battles and fluctuating earnings performance.

Insights from insurance professionals on what might be ahead for the industry in 2025.

The city of Los Angeles' electric and water utility was hit with a lawsuit faulting it for not supplying enough water to fight the biggest fire still raging in the second-largest U.S. metropolis.

The divergence between improved safety statistics and escalating liability claims reflects a complex trucking industry landscape.

Artificial intelligence can act as an early warning system for claims professionals.

Academics with opposing views argued, in a U.S. Senate Budget Committee hearing, whether inflation and litigation, rather than climate change, are causing home insurance non-renewals and rate hikes.