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Bad deal insurance company warning: this captive could be hazardous to your business | Analysis

Not all rent captive proposals are created equally. I recently reviewed three, each from a different sponsor. All should have come with a warning: “This captive could be hazardous to your business”. Each was problematic in its own right, but all shared a...

Valencia County family awarded $36M after jury finds insurance company acted in ‘bad faith’

Some say she might have had a feeling, others say it was nothing more than chance. Whatever it was, one New Mexico woman changed her insurance policy just five days before she died in a car accident.VALENCIA COUNTY, N.M. – Some say she...

Analyzing 3 Insurance Stocks With Buy Potential

The Property and Casualty (P&C) insurance industry’s prospects appear promising, thanks to robust demand and rapid digitalization. Moreover, insurance companies benefit from higher interest rates. Thus, quality insurance stocks W.R. Berkley (WRB), CNA Financial (CNA), and Donegal...

Insurers refusing to pay sex abuse claims under New York’s Child Victims Act, advocates claim

The insurance companies for organizations such as churches, hospitals, schools and Boy Scouts troops are refusing to pay claims for thousands of alleged child sex abuse victims, an advocacy group claims. The Coalition for Just and Compassionate Compensation has launched a campaign to...

Florida auto glass repair shops help fuel an insurance crisis

Comment on this storyCommentAdd to your saved storiesSaveThey roam Florida parking lots and carwashes in search of cars with damaged windshields, often bearing gifts; gift cards, steak dinners and discounted hot tubs are the common ones.Insurance companies call them “harvesters," and their sales...