The National Transportation Safety Board wants the owners of nearly 2,000 Learjets—which have long been associated with the rich and famous—to urgently inspect their landing gear to make sure they won’t collapse as happened in a fatal crash in February …
Month: November 2025
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast …
8 Auto Insurance Providers to Pay $19M Over Data Breaches
New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequate cybersecurity controls allowed hackers to …
Illinois Sues State Farm for Refusal to Release Homeowners’ Insurance Data
The State of Illinois is suing State Farm for refusing to provide nationwide homeowners’ insurance data at the request of the Illinois Department of Insurance (IDOI). Attorney General Kwame Raoul filed the lawsuit on Oct. 14 on behalf of Director …
TDI Drafts New Rule Requiring Appraisal Provision
The Texas Department of Insurance recently published an informal draft of rules that would implement a new law requiring all personal auto and residential property insurance policies to include a binding appraisal provision. Texas lawmakers this year passed Senate Bill …
Florida, National Groups File Suit Over ‘Anti-Public Adjuster’ Endorsements
At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters altogether. And the National Association of Public Insurance Adjusters …