By Chad Hemenway The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to law firm Duane …
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris Read More »
By Allen Laman Risk appetite among high-net-worth individuals has dropped sharply, according to a new high-net-worth outlook from HUB International. Per the report, only 25% of HNW individuals are willing to assume more risk for premium savings–down from 39% in …
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization Read More »
Agency owners must stay informed about significant new trends in the insurance industry. The following is part two of a two-part article highlighting seven industry trends insurance agencies should track for 2026. For part one, see Insurance Journal’s December 1 …
Industry Trends to Exploit for 2026: Part Two Read More »
The insurance industry is built on assessing risk, yet many companies overlook a critical one: the risk of sameness in leadership. When all decision-makers look and think the same, they’re limited in their ability to spot emerging risks, connect with …
Gender Balance as a Business Strategy Read More »
It began with “door knockers” – the all-too-familiar practice of roofing companies telling homeowners that they can get a new roof with little or no out-of-pocket expense. North Carolina Farm Bureau Insurance, the second-largest property insurer in the state with …
‘Door Knocker’ Roofers Were Knocking. North Carolina Farm Bureau Answered. Read More »
A California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, non-renew, or reduce coverage based on aerial images older …
California Bill Seeks to Add ‘Transparency’ to Aerial Images Used by Insurers Read More »
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, …
California Bill Would Require Insurer Claims Handling Plans, and Double Penalties Read More »
By Andrew G. Simpson A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that …
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court Read More »
By Andrew G. Simpson The biggest auto insurer in Massachusetts is at odds with the AAA Northeast division it says is violating an exclusive 20-year joint marketing agreement that is worth $200 million a year in premiums to the insurer. …
MAPFRE Accuses AAA of Violating Exclusive Marketing Agreement Read More »
