Liberty Mutual Fined $300,000 in Delaware Over False Insurance Discount Ads
Delaware regulators fined three Liberty Mutual companies $300,000 for advertising homeowners and auto insurance discounts not available to policyholders in the state.
April 15
Auto
Legislation & Regulation
Litigation
Property
Delaware
Tort Costs Rising Faster Than Inflation and GDP, Study Finds
A new study from the Institute for Legal Reform reveals that U.S. tort costs have risen at an annual rate of 7.1% from 2016 to 2022, exceeding both inflation and GDP growth.
February 6
Insurance Industry
Legislation & Regulation
Liability
Litigation
Alaska
California
Delaware
Florida
Louisiana
Modern Building Codes Hold the Key to Reducing Disaster Costs
Modernized building codes can significantly cut disaster recovery costs, but inconsistent adoption across states remains a major challenge as climate risks grow.
December 9, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Delaware
Florida
Louisiana
Virginia
NOAA Proposes $575 Million for Coastal Climate Resilience
NOAA recommends $575 million in funding for 19 projects to enhance coastal climate resilience under the Investing in America agenda.
July 31, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alaska
California
Delaware
Hawaii
Louisiana
DOJ Sues Allstate’s National General for Allegedly Deceptive Insurance Practices
The U.S. alleges that National General Holdings Corp. improperly force-placed insurance on vehicles financed through Wells Fargo for over a decade, causing financial harm to borrowers.
July 26, 2024
Auto
Fraud
Insurance Industry
Legislation & Regulation
Litigation
Arizona
California
Delaware
Missouri
New Hampshire
Rhode Island Bans Higher Auto Insurance Rates for Widows and Widowers
Rhode Island’s new law, effective January 2025, prevents auto insurers from charging widows and widowers higher rates, treating them the same as married policyholders.
June 6, 2024
Auto
Insurance Industry
Legislation & Regulation
Liability
Delaware
Pennsylvania
Rhode Island
Record Vehicle Thefts in 2023: A Nationwide Analysis
A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Colorado
Delaware
Florida
Georgia
Illinois
Fentanyl’s Impact on Road Safety: A Growing Concern for America’s Highways
As the opioid epidemic escalates, fentanyl’s presence in fatal road accidents underscores a critical public health issue.
March 18, 2024
Auto
Catastrophe
Legislation & Regulation
Risk Management
California
Delaware
Maryland
New Hampshire
New Mexico
Navigating the Complex Terrain of Data Privacy in Auto Insurance Claims and Repairs
With rising concerns over data privacy, the unauthorized use of personal information in auto insurance claims and repairs presents significant risks and implications for millions.
February 22, 2024
Auto
Legislation & Regulation
Technology
California
Colorado
Connecticut
Delaware
Hawaii
Revolutionizing Online Sports Betting Insurance with Innovative Solutions
Innovative insurance solutions like surety bonds are transforming collateralization in the sports betting industry, marking a new era of financial flexibility.
February 8, 2024
Insurance Industry
Legislation & Regulation
Technology
Delaware
Montana
Nevada
New Jersey
Oregon
Judge Limits Scope of Delaware’s Climate Change Lawsuit Against Fossil Fuel Industry
A Delaware judge’s ruling curtails certain claims in the state’s lawsuit against the fossil fuel industry, focusing on local air pollution effects.
January 15, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Delaware
DuPont and Affiliates Settle Ohio Lawsuit for $110 Million Over Toxic Chemical Releases
DuPont, Chemours, and Corteva agree to pay $110 million to Ohio for environmental damage from PFAS chemicals used in a West Virginia facility, marking a significant legal resolution.
December 1, 2023
Catastrophe
Legislation & Regulation
Litigation
Property
Delaware
Ohio
West Virginia
Honda Recalls 563K+ CR-Vs In Cold-Weather States Over Salt-Related Corrosion
Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a crash.
April 10, 2023
Auto
Subrogation
Connecticut
Delaware
District Of Columbia
Illinois
Iowa
Intense Storms Last Day Of March: 50 Tornadoes And 32 People Dead
Parts of the Midwest and South devastated by catastrophic tornadoes will have almost no time to recover before another round of dangerous storms takes aim at hard-hit areas.
April 3, 2023
Auto
Property
Alabama
Arkansas
Delaware
Illinois
Indiana
Insurers Refuse to Pick Up Bill for Billions in Opioid Claims
A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it.
November 4, 2022
Liability
Litigation
Delaware
