Beginning April 3, new 25% tariffs on auto imports are expected to affect multiple layers of the automotive and insurance industries. While positioned as a move to bolster domestic manufacturing, the tariffs will likely introduce new cost pressures across the vehicle lifecycle.
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Health Insurance Ethics Under Scrutiny After CEO Admits Use of Private Investigators
A recent testimony by the former CEO of a Texas-based health insurance provider has sparked widespread concern and prompted a state investigation into the company’s practices.
The Hidden Lawsuit Tax: How Legal System Abuse Is Driving Up Insurance Costs for Everyone
From homeownership to auto insurance, consumers across the U.S. are feeling the sting of rising costs — and not just because of inflation. A growing number of experts point to another, lesser-known culprit: widespread abuse of the legal system.
Strategic Stake: Mitsui Sumitomo Boosts W.R. Berkley With 15% Investment
W.R. Berkley Corporation saw its stock surge to an all-time high following news that Japan’s Mitsui Sumitomo Insurance will acquire a 15% stake in the company. The move signals a significant vote of confidence in the U.S.-based insurer and strengthens ties between the two firms.
California Commissioner Backs Bill to Enhance Homeowners’ Privacy and Insurance Transparency
The Commissioner of California, Ricardo Lara, announced last Friday his support for new legislation designed to safeguard homeowner privacy and improve transparency regarding how insurance companies use aerial imagery.
Louisiana Lease Agreements Raise Liability Questions in Vehicle Accidents
As vehicle leasing continues to grow in popularity across Louisiana, legal questions surrounding accident liability have become increasingly relevant for lessees and lessors alike.
Florida’s P/C Market Stabilizing Due to Legislative Reforms that Curbed Legal System Abuse Practices of Billboard Attorneys
Florida’s legislative reforms to address legal system abuse and claim fraud are stabilizing the state’s property/casualty insurance market, according to a new Issues Brief published by the Insurance Information Institute.
Florida House Panel Moves Toward Ending No-Fault Auto Insurance
A bill that would end Florida’s no-fault auto insurance system and shift to a fault-based model advanced in the state House this week, drawing both support and criticism from stakeholders across the insurance, medical, and legal fields.
Stability Restored: AM Best Reaffirms Pie Insurance Group’s Credit Ratings Following Strategic Adjustments
After a period of uncertainty, Pie Insurance Group is once again on solid financial ground. AM Best has officially removed the “under review with negative implications” status.
Using Data & AI to Fight Workers’ Compensation Insurance Fraud
A new report from Conning, 2025 Workers’ Comp Study: Using Data & AI to Fight Workers’ Compensation Insurance Fraud, provides an in-depth analysis of the evolving landscape of workers’ compensation insurance fraud.