Unconditional payments—payments made without condition or reservation of rights, such as settlement offers—restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled. The prescriptive period is interrupted by unconditional payments even …
IIHS: Fleets Saw Sharp Drop in Collisions, Wear After Adopting GPS‑Based Speed Tech
Fleets using active intelligent speed assistance are reporting fewer speeding violations, reduced aggressive driving and lower operating costs. According to a new Insurance Institute for