Elutia v. Medtronic: Delaware Court Addresses Indemnity and Insurance Responsibilities in FiberCel Case

A recent ruling from the Delaware Superior Court has provided some clarity in a legal battle involving Medtronic Sofamor Danek USA, Inc. The case centers around a contract dispute related to over 100 lawsuits that arose from a recalled biologic product. While the court granted Medtronic a partial victory, it also left unresolved issues that … Read more

Many consumers are not convinced by a completely digital insurance experience, according to Insurity.

A recent report from Insurity reveals that while many insurance companies are investing more in automation and self-service tools, only 15% of consumers want a completely digital experience without any human interaction. The findings come from Insurity’s 2025 Digital Experience Index, which highlights a growing preference for a digital-first approach that still allows customers to … Read more

Third-party litigation funding drives increase in legal advertising – Triple-I

The Insurance Information Institute (Triple-I) has released a new report that looks closely at the rise of attorney advertising and the growing influence of third-party litigation funding (TPLF) on legal trends and insurance. This report, published on May 30, 2025, highlights how these factors are leading to more lawsuits and longer settlement times. According to … Read more

How Coverage Gaps Are Harming Housing Initiatives

As homelessness continues to rise in the United States, the lack of affordable housing is a major concern. While discussions often focus on funding and zoning, non-profit housing providers are facing another significant hurdle: soaring insurance costs and limited coverage options. Kristina Dorer, an assistant vice president at Woodruff Sawyer, has observed how the insurance … Read more

Florida’s personal property insurance sector achieves its first underwriting profit since 2016, according to AM Best.

Florida’s personal property insurance market is starting to stabilize after years of turmoil, marked by rising premiums and insurer losses. Recent reports indicate that the market is seeing more competition and new players, which is a positive sign for consumers. In 2024, Florida’s property insurers achieved a collective underwriting profit of $206.7 million, a significant … Read more

Lights, camera… disaster? How film productions are managing climate risks.

As climate change brings more unpredictable weather, the film industry is facing tough decisions about where to shoot. From wildfires in California to hurricanes in Florida, production companies are rethinking their filming locations. They must balance the risks of natural disasters with the financial perks of film tax credits. Peter Burt, president of entertainment at … Read more

Asia-Pacific insurers reevaluate risk in light of regulatory challenges and cyber threats.

Chief risk officers (CROs) in the Asia-Pacific insurance sector are facing new challenges and changing their roles to meet them. A recent survey by EY and the Institute of International Finance (IIF) shows that these leaders are now placing greater importance on risk management as they deal with economic changes, regulatory updates, and increasing digital … Read more

California appeals court rules that the hospital cannot bill Progressive directly under the UM policy.

In a recent ruling that could change how hospitals bill for services, California’s Third District Court of Appeal has decided against Dameron Hospital Association. The hospital had sought to collect payment directly from a patient’s uninsured motorist (UM) insurance policy held with Progressive Casualty Insurance Company. The court’s decision, announced on May 27, 2025, confirmed … Read more

Proposals for encouraging homeowners to mitigate property risks through resilience initiatives?

The housing markets in developed countries are increasingly at risk from extreme weather events, leading to challenges in insurance availability and affordability. A new report from the Geneva Association highlights the urgent need for changes in property valuations and mortgage practices. It also calls for government-backed insurance pools to encourage homeowners to make their properties … Read more