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The convenience and affordability of motorized scooters, mopeds and e-bikes also comes with a price in the form of injuries, sometimes fatal.
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
As auto thefts rise across the country, lawmakers are considering measures to stem the tides.
Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Countries that rank among the top 50 most resilient nations recover from property losses 30% faster than other locations, FM Global reports.
Insurance experts analyze who was involved from a coverage and liability perspective.
This executive's career path illustrates what is possible when insurers purposefully recruit talent from outside the industry.
ValuePenguin survey results reveal Honda CR-V and Ford F-Series models are the most affordable vehicles to insure, while Tesla's Y model tops the list for most expensive auto insurance rates.
Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.
With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.