Law and legal issues

Three people who bought PHL life insurance and annuity contracts from State Farm agents are seeking class-action status for their complaint, which was filed in Chicago federal court Nov. 26.

The Office of Insurance Regulation and three advocacy groups paint conflicting pictures of insurance affordability, coverage availability and claims handling.

Executives from Markel and CSAA spoke about applying the technology to analyze demand filings and the risks of settling or litigating.

A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.

Damage claims from the Eaton wildfire could wipe out the $21 billion fund created to protect utilities and their customers when an investor-owned utility's equipment is deemed responsible.

Attorneys Bob Tyson and Cayce Lynch share proven strategies for defending against nuclear verdicts and stemming the rise of social inflation.

Cayce Lynch and Bob Tyson of Tyson & Mendes will discuss the implications surrounding the rise in nuclear verdicts and the legal impacts associated with the increased use of emerging technologies like AI.

Cayce Lynch and Bob Tyson of Tyson & Mendes discuss the implications surrounding the rise in nuclear verdicts and the legal impacts associated with the increased use of emerging technologies like AI.

Here's why insurance-funded redemptions do not necessarily increase enterprise value and how a Supreme Court decision didn't reflect economic reality.

The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.

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.