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Insurance news and resources for the claims industry
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News
The Nation's Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country
2+ day, 23+ hour ago (277+ words) California is the largest insurance market in the United States, with nearly 40 million residents and an economy that would rank among the world’s top five nations. When liability trends shift here, they affect national and global carrier portfolios immediately. The…...
Mortgage Servicer Paying $15.5 Million Settlement Over 'Force Placed' Insurance Costs
3+ week, 5+ day ago (191+ words) One of the nation’s largest mortgage servicers is paying millions of dollars to settle charges it imposed insurance costs on borrowers who already had homeowners insurance policies. Forty-eight state financial agencies reached a $15.5 million settlement with NewRez LLC for improperly…...