The State of the 2024 Property and Casualty Insurance Market
How high will property and casualty insurance rates reach? Recent figures show that some lines are experiencing smaller price hikes, but property, auto, and liability
How high will property and casualty insurance rates reach? Recent figures show that some lines are experiencing smaller price hikes, but property, auto, and liability
Recent jury awards, settlements, and court rulings may help shape costs and exposures for years to come. Let’s explore some of the recent claim verdict
Claims leakage occurs when the amount an insurer pays for a claim exceeds the amount it expected to pay or should have paid. Although claims
What happens when lithium batteries are exposed to saltwater? Battery failure isn’t the biggest threat. Fire is possible, and it could spread to buildings and
Following a hurricane, fire or flood, field adjusters can encounter numerous hazards – from unstable structures to flood waters and wildlife. But what about violent
Insurers may need to adapt to higher auto claim severity. LexisNexis says that claim severity and complexity have been rising steadily since the COVID-19 pandemic.