Four companies that sell vaping devices have filed a federal lawsuit against Kinsale Insurance Co., claiming the insurer dropped coverage for batteries but failed to fully inform the policyholders before denying a claim. If it goes to trial and appeal, …
Under Tennessee law, policyholders who pay their premiums create a legal presumption that they have accepted the terms of coverage. The statute limits lawsuits by underinsured policyholders who thought they had enough coverage but found after a loss that they …
I shudder at the thought that an algorithm developed by artificial intelligence will allow the insurance industry to no longer spread the risk among all policyholders, but stick it to the few whom the data points identify as the most …
Waivers granted in Pennsylvania and many other states to allow convicted felons to become insurance agents have sometimes missed ongoing violations, a newspaper reported. The Philadelphia Inquirer reports that since 2004 the state Insurance Department has issued 111 waivers to …
Policyholders rely on their insurance agents to acquire insurance coverage. Generally an agent has a duty to obtain the requested coverage with reasonable care and diligence or inform the client of his inability to do so, but the agent has …
Some insurance agents are urging caution for Missouri lawmakers considering changes to a state-created workers’ compensation firm that has been cited in an audit for taking advantage of federal tax exemptions while spending heavily on perks. Legislation already advanced by …