INSURASALES
Allstate pursues $305,000 insurance fraud claims in New York lawsuit

Allstate Files Federal Suit Over $305K Alleged No-Fault Medical Equipment Fraud

Allstate sues A to Z Supply Services for over $305,000 in alleged fraudulent medical equipment claims under New York's No-fault system, highlighting challenges in insurance fraud detection and claims oversight.

Global Commercial Insurance Market to Reach $1.89B by 2030, Driven by Regulatory and Tech Adoption

Global Commercial Insurance Market to Reach $1.89B by 2030, Driven by Regulatory and Tech Adoption

The global commercial insurance market is set to expand at a 7.9% CAGR, reaching $1.89 billion by 2030, driven by regulatory reforms, insurtech adoption, and rising risk exposures in North America, Asia-Pacific, and other regions.

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Mixed Q2 Earnings Highlight Divergent Performances Among U.S. Insurers

Explore the latest Q2 earnings results from major U.S. insurance companies, highlighting mixed performances amid evolving market dynamics and regulatory shifts.

CFP Board Survey Highlights Financial Risks of Online Misinformation

CFP Board survey reveals risks of financial misinformation online causing costly mistakes, especially among younger Americans, highlighting the role of financial professionals in guiding consumers.

Georgia Lawmakers Investigate High Insurance Costs Amid Fraud and Profit Concerns

Georgia lawmakers probe high insurance premiums driven by fraud, profits, and claims processing amid impacts from Hurricane Helene.

St. Augustine Achieves CRS Class 4, Cutting Flood Insurance Premiums by 30%

St. Augustine, Fla., advances to CRS Class 4 under NFIP, enabling 30% flood insurance premium discounts through enhanced floodplain management and FEMA-approved mitigation measures.

Wisconsin Appeals Court Clarifies Subrogation Rights in Multi-State PIP Claims

The Wisconsin Court of Appeals affirms statutory subrogation rights separate from contractual waivers in multi-state personal injury protection claims, guiding insurers on compliance and claims handling for duplicated PIP benefits.

State Farm Strengthens Commitment to Florida Homeowners Insurance Amid Market Challenges

State Farm remains a stable choice for Florida homeowners amid hurricane risks, litigation challenges, and recent premium reductions by Citizens Property Insurance.

AI-Powered Damage Detection Raises Rental Car Dispute Risks

AI-driven damage detection in rental cars is increasing billing disputes. Learn strategies for inspection, documentation, and dispute resolution to protect renters and rental agencies.

U.S. Homeowners Invest Heavily in Security Despite Declining Property Crime

U.S. homeowners increasingly invest in home security systems amid declining property crime rates, driven by concerns over theft and vehicle crime, supported by FBI data and insurance trends.