INSURASALES

Tag: claims handling

FL Appeals Court Clarifies Replacement Cost Damage Claims in Property Insurance Breach

Florida appeals court rules on replacement cost versus actual cash value in property insurance breach cases, clarifying insurer obligations and policyholder remedies under homeowner policies.

Michigan Court Revisits No-Fault Benefit Assignments and Rescissions in Sharp v. Tracht

Michigan Court of Appeals clarifies assignment and revocation of No-Fault benefits in Sharp v. Tracht, impacting claims handling and one-year back rule compliance under MCL 500.3145.

Florida Insurance Regulators Issue $2.075M in Fines Over Hurricane Claims

Florida insurance regulators fined eight companies $2.075 million for claims handling violations after Hurricanes Ian and Idalia, reinforcing market accountability amid sector recovery.

Rhode Island Updates Auto Insurance Appraisal Process with New Law

Rhode Island enacts new auto insurance appraisal law enhancing inspection timelines, dispute resolution, and cost responsibilities. Key updates for insurers and repair shops.

USAA Expands Chesapeake Office to Support Growing Military Membership

USAA expands its Chesapeake office by adding 500 employees and a new facility to serve over 14 million military members. The move enhances claims training and workforce capabilities.

Texas Senate Advances Right to Appraisal Bill for Auto and Home Insurance

Texas Senate advances SB 458 to mandate appraisal clauses in auto and home insurance policies, enhancing dispute resolution and regulatory oversight.

Washington State Enacts Law Ensuring Fair Auto Insurance Payouts with Independent Appraisals

Starting in 2026, Washington State requires independent appraisals for disputed auto insurance claims to ensure fair payouts and improve claims transparency.