Ameriprise News

GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash

In a dispute between two insurers, a federal appellate court ruled that GEICO is solely liable for the cost of replacing a Lamborghini worth more than $100,000 that was totaled in a collision with another vehicle. A panel of the …

Should Insurers Consider Apologies in Claims Handling?

Despite the prevalence of apologies in our society –think Lance Armstrong, Tiger Woods, Mel Gibson and Bill Clinton – the idea of offering an apology as a result of a claim is rarely considered in the insurance industry, according to …