Many insurance companies are moving quickly to incorporate advanced forms of AI into their processes.  Last year, 90% ...

The insurer’s core product is not the policy document delivered at the point of sale; it is the promise of financial protection when a covered loss occurs. That promise has meaning only if honored ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bad faith insurance refers to an insurer’s attempt to renege on its obligations to its ...

Some insurance payments are treated as tax-free by the IRS. For example, if you pay for car insurance and your insurance carrier later repairs your car after an accident, the amount of the repair bill ...

July 1 marked the 25th anniversary of the effective date of Pennsylvania's insurance bad-faith statute, 42 Pa. C.S.A. Section 8371. For attorneys who litigate in the insurance field, this ...

A Florida bar brawl that left a woman fatally shot has become a multimillion-dollar liability dispute with potential ripple effects nationwide on how carriers handle claims when catastrophic losses ...

A federal appeals court ruled that a jury should decide whether Kinsale Insurance Co. acted in bad faith in a case involving a 2015 shooting at a St. Lucie County lodge. The lodge's insurer, Kinsale, ...

The Superior Court of Pennsylvania, on Friday, October 17, 2025, affirmed a finding of bad faith against Erie Insurance Exchange, but vacated the trial court’s award of attorney’s fees and interest.