American Property and Casualty Insurance Association News

Insurers Laud Infrastructure Bill’s Nod to Marijuana Impairment Research

The $1.2 trillion infrastructure bill that became law last week earmarks billions for projects to improve safety for cars and trucks and protect properties from floods and wildfires. But one of the provisions most welcomed by insurers doesn’t appropriate any …

Calif. Issues 1st State Appellate Ruling on COVID Business Interruption Claim

California handed down the first state appellate court ruling on whether COVID-19 can cause direct physical damage or loss, deciding like four federal appellate courts before that it cannot. A panel of the California 4th District Court of Appeal on …

Mass. High Court Rules Auto Insurers Must Pay For Inherent Diminished Value

Anybody who’s seen a Carfax commercial may suspect that a vehicle that’s been involved in a crash is worth less even after it is repaired. Massachusetts auto insurers are now required to compensate third-party claimants for those losses. The state’s …

Washington State Considers Raising Insurance Tax to Help Fight Wildfires

With an increasing number of forest fires scorching portions of Washington each year, the Legislature is considering a proposal to create a fund dedicated to preventing and battling wildfires. In March, Commissioner of Public Lands Hilary Franz and state Senate …