On Demand Insurance is Here But Will it Stay?
Understanding Supplemental Spousal Liability Insurance in NY
The New York Department of Financial Services (DFS) previously circulated proposed guidance on using AI in underwriting and pricing to address discrimination. DFS requested public comment. Commenters expressed concern over: ...more
The last few years have been a reckoning for the insurance industry. Years of decreasing premiums were incompatible with the reality of frequent and more severe natural catastrophes, increasing jury awards in liability cases,...more
The last few years have been a reckoning for the insurance industry and just when we thought insurance buyers might feel relief, COVID-19 entered the picture and extended challenging market conditions into 2021....more
Auto insurance in China is divided into mandatory auto liability insurance and other types of auto insurance (commonly referred to as “commercial” auto insurance). The mandatory auto liability coverages (generally third-party...more
On April 13, 2020, the California Insurance Commissioner ordered insurers to make an initial premium refund to policyholders for the months of March and April 2020 for all policies in which loss exposure is less than...more
- California Insurance Commissioner Ricardo Lara issued Bulletin 2020-3 requiring insurers to refund premiums to policyholders of several lines of insurance, including automobile insurance, workers compensation and property...more
In 2015, there were over 250,000 reported car accidents in North Carolina. And, unfortunately, statistics suggest that nearly every driver will be involved in at least one car accident in their lifetime. Given these numbers,...more
Self-driving cars are coming. In fact, Tesla Model S owners woke up on the morning of October 15, 2015 to discover that a software download to the cars has made them capable of steering and changing lanes at high speed,...more
Is there one insurance policy to cover all of my risks? No. Insurance is the sale of certain risks in exchange for a premium. No policy buys all the risks a business faces. How many policies do I need? ...more