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The California family filed over 40 bogus auto claims and collected nearly $200k in payouts.
Navigating consumer pricing, embedded insurance, advanced driver assistance systems and autonomous vehicles.
The value of the global UBI insurance market is expected to grow to between $190 billion and $300 billion by 2026.
Home surveillance cameras caught a terrible (and terribly planned) T-bone accident in a residential neighborhood.
The two main factors the IIHS used to determine overall collision losses were claims frequency and claim severity.
Are carriers responsible for the loss of value a third party's vehicle sustains after an accident caused by a policyholder?
Higher prices are impacting insurance customer satisfaction. It can help to educate insureds about the whys.
Fraud adds 5%-10% to the overall amount in claims paid after a disaster, according to the National Insurance Crime Bureau.
Personal auto insurance rates are anticipated to increase around 12% during the coming year, ValuePenguin reports.
These rate increases will be driven by more frequent severe weather events and elevated repair costs.
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