Month: May 2024

Legal System Abuse/Social Inflation Adds Costs and Challenges for US Casualty Insurance: AM Best

Legal System Abuse/Social Inflation Adds Costs and Challenges for US Casualty Insurance: AM BestThe impacts of legal system abuse-driven social inflation has become a significant challenge for the U.S. casualty insurance industry, particularly driving up loss costs in lines such as products liability, general liability, commercial auto, and medical professional liability, according to AM Best. […]

Legal Reforms Boost Florida Insurance Market; Premium Relief Will Require More Time

Legal Reforms Boost Florida Insurance Market; Premium Relief Will Require More Time Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues […]

How APIs are Changing the Insurance Game

How APIs are Changing the Insurance Game /*! elementor – v3.17.0 – 18-10-2023 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block} Can you imagine a world where your car could automatically adjust your insurance premium based on how safely you drive? Or what if your home insurance could send you alerts about potential risks […]

How to Conduct a Law Firm Risk Assessment

How to Conduct a Law Firm Risk Assessment“Taking risks doesn’t mean shirking responsibility, but embracing possibilities.” – Vick Hope Especially if that responsibility is conducting a law firm risk assessment. Leave it to an author and journalist to have a way with words, right? While applicable to anyone’s professional or personal life, we think this […]

Back To Top