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The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation's Gross Domestic Product (GDP) and are expected to gain further momentum in the event of ...
Regulatory restrictions to actuarially sound insurance pricing and underwriting, coupled with the need for more mitigation and resilience efforts in the state of California, are placing financial ...
Increasing litigation is adding to rate hikes in auto insurance coverage, according to a new report by the Insurance Information Institute (Triple-I). The excessive litigation has compounded the ...
The 2023 net combined ratio for the property/casualty industry is forecast to be 103.9, with commercial lines at 97.7, outperforming personal lines at 109.9, according to the latest underwriting ...
Drivers using a cellphone while operating a motor vehicle is the largest contributor to distracted driving in the U.S., according to the latest Issues Brief from the Insurance Information Institute ...
Colorado State University's (CSU) July and August 2023 Atlantic hurricane season forecasts, calling for "above-average" activity, proved to be accurate as the season concluding tomorrow was ...
Losses resulting from severe convective storms seen this year are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting ...
Paying out more than twice as much in claims and expenses as collected in premiums in both 2017 and 2018, California homeowners insurers are still feeling the impact in 2023, according to the ...
While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the private flood insurance market has seized the opportunity to ...
The overall property/casualty (P&C) industry is expected to finish 2023, mirroring 2022 results, with a net combined ratio at 102.2, according to findings shared during a members only virtual ...
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