The Pennsylvania Insurance Department (PID) reported that in 2024 it refused to approve $180.3 million in annual property/casualty (P/C) insurance premium increases in the state through its rate review processes. The PID said it rejected premium increases sought by insurers …
Pennsylvania Says It Blocked $180 Million in Auto, Home, Other P/C Insurance Hikes Read More »
World Insurance Associates LLC has acquired the business of Stern Insurance Group in Scottsdale, Arizona. SIG was founded in 1987 by Daryl Stern. The firm specializes in counseling corporations in the areas of employee benefits and risk management services. They …
World Insurance Associates Acquires Stern Insurance Group in Arizona Read More »
The Massachusetts standard auto policy does not require an insurer to pay inherent diminished value (IDV) to a claimant whose vehicle is damaged by one of its insureds. The Massachusetts Supreme Court in a 6-0 ruling has upheld dismissal of …
Diminished Value Not Covered by Standard Auto Policy, Massachusetts High Court Says Read More »
A jury found an East Quogue, New York woman guilty of arson for attempting to set three homes on fire in Hampton Bays in November 2023. Suffolk County District Attorney Raymond A. Tierney said that Amanda Burnside is due back …
Woman Found Guilty of Arson After Trying to Burn 3 Homes in Hamptons Read More »
Ride-sharing giant Uber Technologies Inc. filed a racketeering lawsuit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents and performed unnecessary surgeries to take advantage of New York’s lucrative no-fault insurance policies. Since …
Uber Alleges Fraud Scheme by New York Groups Faking Car-Crash Injuries Read More »
