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US insurance body praises Indiana and Georgia efforts to combat legal abuse
03 April 2024States provide a "clear roadmap" for successful legal system abuse reform efforts, says III
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US flood market topped $4bn in 2022 as private insurance share grows
18 August 2023Private insurers now 32% of market as NFIP challenges continue, says the Insurance Information Institute
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US P&C underwriting results expected to be worst since 2011
04 November 2022Geopolitical risk highest in decades, says III
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No need for SEC climate rules on insurers
20 June 2022Federal oversight will add to climate reporting burden, says the III
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Social inflation cost US insurers $20bn in auto lines from 2010 to 2019
09 February 2022Capturing issue requires more refined analysis, argues CAS report
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Florida property insurance market on "life support" as litigation hits coverage
25 January 2022Unprecedented challenges from rampant litigation abuse, says American Integrity's CEO
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Lawyer says he has "smoking gun" in US business interruption case
22 January 2021John Houghtaling, who is handling $3bn in claims on behalf of small businesses forced to close by Covid-19, believes his case will be a watershed for the US BI saga. Sarfraz Thind reports
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US industry associations deny relevance of UK BI case verdict
17 September 2020The UK case found in favour of policyholders and had been expected to provide template for other jurisdictions
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US insurers in Covid-19 coverage crisis
24 March 2020Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
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Most US insurers expect more federal oversight
17 January 2013III survey of P/C execs reveals 74% believe Washington will expand reach