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Motor vehicle accidents account for nearly half of insured losses for midsize wholesalers and distributors.
During the final quarter of 2022, the median rate increase was 0.3% for workers' comp, according to AJG.
The legislation should help consumers better understand how to select pet insurance versus pet wellness plans.
Missing compliance deadlines or failing to catch inaccurate or expired licenses has numerous costs for insurers.
Here's why insurers that adopt cutting-edge analytics capabilities will move faster into the future.
The association also announced its committee leadership for 2023.
The next phase of evolution for claims will be the incorporation of better data from innovative imaging and other emerging sources.
NCCI's Donnell looks back at a century of workers' comp in the U.S. and projects what the system will need to thrive for another 100 years.
The figures are from the NAIC's 35th annual State Insurance Department Resources Report.
By applying new forms of analytics-driven aerial imaging technology, insurers can better identify property risks.