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Data Insight: Who’s Growing in Personal Lines? A relative newcomer to the personal lines space—Lemonade—marked a milestone this week, announcing that it surpassed $1 billion of in force premiums, a measure of annualized premiums that the insurtech tracks on a regular basis. But the number of renters, …
POSTED APRIL 01, 2025 5:20 AM |
Repairs to Insurance, Trump’s Tariffs Could Make Owning a Car More Expensive Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 and expand in the …
POSTED APRIL 01, 2025 5:09 AM |
After Commissioner’s Comments, Asphalt Roof Shingles Got a Bad Rap, Group Says Rumors of the demise of asphalt shingles in Florida are greatly exaggerated. Asphalt shingles provide a great, cost-effective option for consumers. But in recent weeks, groups with varying interests and motivations — including those who sell roofing products that compete …
POSTED APRIL 01, 2025 5:03 AM |
SC Bill Moves to House, Would Lower Liquor Liability Coverage, End Joint-and-Several The fate of a bill that would modify South Carolina’s joint-and-several liability law now rests with the state House of Representatives after the state Senate last week approved the measure following weeks of heated debate. “We’re finally getting some movement …
POSTED APRIL 01, 2025 5:02 AM |
California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires insurers to provide a notice to homeowners at least 30 …
POSTED APRIL 01, 2025 5:00 AM |
Earlier Medical Event Does Not Shield Later Negligent Acts: Massachusetts High Court The Massachusetts seven-year statute of repose for medical malpractice claims does not shield professionals against separate acts of negligent treatment that allegedly occurred in the years after a disputed medical event more than seven years ago. The ruling came in …
POSTED APRIL 01, 2025 5:00 AM |
Vegas Casino Fined $10.5M in Case Centering on Ties with Bookmaker of Ohtani Interpreter Nevada gaming regulators have issued a $10.5 million fine against the Resorts World casino on the Las Vegas Strip over allegations of illegal gambling, many of which centered on a bookmaker with ties to the interpreter for baseball star Shohei …
POSTED APRIL 01, 2025 5:00 AM |
Virginia Will Require Speed Limiting Devices on Reckless Drivers’ Cars Virginia now has a law on the books that will require that cars of reckless drivers be equipped with technology that prohibits them from exceeding speed limits. The new law (HB2096), which will not be effective until July 2026, requires …
POSTED APRIL 01, 2025 5:00 AM |
$90 Million Settlement Reached Over Deadly 2018 New York Helicopter Crash Relatives of a man who died when a sightseeing helicopter crashed and sank in a New York City river have settled a lawsuit for $90 million, agreeing to reduce a jury award in order to foreclose appeals and end the …
POSTED APRIL 01, 2025 5:00 AM |
Ex-FDNY Chief Gets 20 Months Over Bribes to Expedite Inspections A former New York City Fire Department chief will spend 20 months behind bars after admitting to taking thousands of dollars of bribes in exchange for preferential treatment on building inspections and approvals. Brian Cordasco, a chief in the Bureau …
POSTED APRIL 01, 2025 5:00 AM |
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