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Overview

Looking at non-catastrophe claims that closed with a payment last year, the median paid loss hovered around $9,000 regardless of when the house was built.

News

Blog 2 months ago
Teen Drops Lawsuit Against Meta, Google and Snap Ahead of Trial
A teen girl whose lawsuit was a test case in litigation accusing social media companies of deliberately addicting young people and fueling a mental health crisis dropped her claims against the owners of Instagram, Facebook, YouTube and Snapchat on Thursda
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Blog 2 months ago
Abbott to Pay $670 Million to Settle Some Preterm Infant Formula Cases
Abbott said on Thursday it reached a $670 million settlement to partially resolve the ongoing litigation over alleged harms linked to its specialty formulas for preterm infants. The settlement was agreed to by three law firms representing about 2,000 peop
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Blog 2 months ago
Appeals Court Revives Signature Bank Collapse Lawsuit Despite FDIC Objection
A U.S. appeals court on Wednesday revived an investor lawsuit over the 2023 collapse of Signature Bank, saying the Federal Deposit Insurance Corp (FDIC) seizure of the lender did not take away shareholders' right to sue. In a 3-0 vote, …
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Blog 2 months ago
Former NFL QB Hasselbeck on Frontier: Diagnosing CTE Disease in the Living
Matt Hasselbeck took some nasty hits to the head during his 17-year NFL career, four years at Boston College and a childhood full of sports, but the quarterback seems to have emerged from more than two decades of collisions relatively …
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Blog 2 months ago
General Contractor Found Not Liable for Subcontractor Employee's Injury
A general contractor cannot be held liable for an injury of an employee of a subcontractor where the general contractor had little or no control over the subcontractor's work or job environment. The Massachusetts Supreme Judicial Court this week upheld …
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Blog 2 months ago
The Integrity Deficit: The Promise and The Erosion
Editor's note: This is the first installment in a four-part series on the erosion of integrity in property claims. Part I measures the decline. Part II will document the misconduct driving it. Part III will trace the causes to a …
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Blog 2 months ago
Landmark Supreme Court Ruling Is Upending How America Moves Its Goods
Daniel Ilg started out in the freight brokerage industry at 14 years old, learning from his dad how to match trucking companies with loads of goods that needed to move around the country. About two decades later, now running the …
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Blog 2 months ago
Training the People Behind the Claims Assessments: Allstate Claims University
Late last week, Allstate unveiled Allstate Claims University, a 33,000-square-foot campus in Dallas, complete with hands-on property and auto labs-immersive training environments representing scenarios that claims professionals will face in the real world
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Blog 2 months ago
Severity Gap Between Repairable BEVs and ICE Vehicles Reaches Record Low
The gap in average claims severity between repairable battery electric vehicles and internal combustion engine automobiles hit the lowest level on record in both the U.S. and Canada, a new report shows. Mitchell released its latest Plugged-In: EV Collisio
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Blog 2 months ago
California Adopts Weaker Home Protection Rules as Wildfires Grow
A California agency on Wednesday approved long-delayed regulations designed to protect homes from wildfire, but they're less stringent than defenses recommended by scientists and firefighters. The new rules, which apply to about 2 million homes, were mand
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