Law and legal issues

Insurance carriers need more tools to combat social inflation and data sharing to create insights about the early litigation warning signals could help.

The unit will pay $48 million to consumers and $12 million to a victims' relief fund.

Warren Buffett's Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit.

A committee of Vesttoo creditors said the company is "viewed as the Madoff of insurance" and that its remaining cash should be preserved so it can pursue potential litigation against former corporate insiders and other parties involved in the alleged fraud, according to a court filing Sunday.

Software can pull attributes out of a claim file to provide claims professionals with a risk assessment score for the likelihood that the claim file could go nuclear.

As part of our 2023 Malpractice Liability Insurance Buyer's Guide, experts weigh in on the risks accountants are facing

Hi.Q Inc. filed for Chapter 7 liquidation listing estimated assets of no more than $10 million and estimated liabilities of at least $100 million, according to a bankruptcy petition filed Wednesday in Delaware.

A California homeowner called out CSAA for taking aerial photographs of his backyard, then revoking his homeowners policy due to "clutter." Experts say such images are personally identifiable information protected by state privacy laws.

White Rock accused Vesttoo of pocketing millions of dollars in ill-gotten insurance premiums.

Attorney Jason Rosenthal explains how the case may affect other insurance companies.

Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for antitrust violations.

Hurricane Ian damages under investigation in Florida bring attention to ways to protect adjuster reporting

The reinsurer will exit the Net-Zero Insurance Alliance, which is a sub-unit of the Glasgow Financial Alliance for Net Zero, it said on Friday.

The title insurer was the third of the big four companies to come to an agreement with New York Attorney General Letitia James in an ongoing investigation.

Fidelity National Financial Inc., the biggest US title insurer, illegally colluded with competitors by agreeing to not solicit, recruit or hire each other's employees, the New York attorney general said.

Wells Fargo will pay $300 million to settle a lawsuit claiming it improperly charged customers for unneeded auto-collision protection insurance — and hid the practice from investors.

Risk mitigation service prevents costly litigation.

The company filed for Chapter 11 bankruptcy in Fort Lauderdale on Sunday, court papers show.

A Boston federal judge said Wednesday school administrators waited too long to notify Zurich American Insurance Co.

Carlyle Aviation leased 23 planes to Russian airlines, including Izhavia and NordStar, and tried to repossess and relocate the aircraft as soon as Russia's invasion of Ukraine began on Feb. 24, the company said.