The Insurance Institute for Highway Safety’s updated safety guidelines and testing have lead to many small SUVs, currently the most popular car style in the country, to fail or do more poorly on crash tests. The new tests place a premium on back seat passenger safety, an area that has not been focused on previously and where passengers are 46% more likely to die than in the front seat, owing to safety features such as air bags that have been adopted over time to protect front seat passengers and drivers. In the past, updated safety concerns have led to industry changes and new regulations.

The Insurance Institute for Highway Safety’s updated safety guidelines and testing have lead to many small SUVs, currently the most popular car style in the country, to fail or do more poorly on crash tests. The new tests place a premium on back seat passenger safety, an area that has not been focused on previously and where passengers are 46% more likely to die than in the front seat, owing to safety features such as air bags that have been adopted over time to protect front seat passengers and drivers. In the past, updated safety concerns have led to industry changes and new regulations.

Turkey had been preventing 26 oil tankers carrying Russian crude oil from passing through the Turkish Straits for over a week, demanding blanket insurance protections be secured and documented for the ships regarding concerns over western nations’ sanctions on Russia. Insurers initially balked at providing the demanded documentation, but relented after intervention by UK and Turkish authorities.

Turkey had been preventing 26 oil tankers carrying Russian crude oil from passing through the Turkish Straits for over a week, demanding blanket insurance protections be secured and documented for the ships regarding concerns over western nations’ sanctions on Russia. Insurers initially balked at providing the demanded documentation, but relented after intervention by UK and Turkish authorities.

The Marshall Fire was the most destructive fire in Colorado’s history, destroying over 1,000 structures in two days. The Colorado Division of Insurance has now asked insurers that have policyholders impacted by the fire to voluntarily extend additional living expenses (ALE) coverage beyond the typical 12-month period of restoration. This request underscores the scope of the losses and the difficulty of rebuilding after a massive casualty loss. Insurers are to respond by December 30, 2022.

The Marshall Fire was the most destructive fire in Colorado’s history, destroying over 1,000 structures in two days. The Colorado Division of Insurance has now asked insurers that have policyholders impacted by the fire to voluntarily extend additional living expenses (ALE) coverage beyond the typical 12-month period of restoration. This request underscores the scope of the losses and the difficulty of rebuilding after a massive casualty loss. Insurers are to respond by December 30, 2022.

Governor Kathy Hochul signed new legislation this month that prohibits insurers from canceling policies, refusing to renew policies, or raising premiums in response to an Insured requesting coverage for a hate crime or having a loss due to a hate crime in the past 5 years.

Governor Kathy Hochul signed new legislation this month that prohibits insurers from canceling policies, refusing to renew policies, or raising premiums in response to an Insured requesting coverage for a hate crime or having a loss due to a hate crime in the past 5 years.

Paramount Pictures, the studio behind the Mission: Impossible movie franchise, has settled its suit against insurer Chubb Limited regarding losses relating to delays of the production and release of the seventh film in the Mission: Impossible line, “Dead Reckoning Part One” due to COVID.

Paramount Pictures, the studio behind the Mission: Impossible movie franchise, has settled its suit against insurer Chubb Limited regarding losses relating to delays of the production and release of the seventh film in the Mission: Impossible line, “Dead Reckoning Part One” due to COVID.