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The state has shortened the application review timeline for captives, among other changes.
While driving friendly might be the Texas way, the city with the safest drivers is along the Northern border.
Instantaneous auto accident reporting reduces loss costs by $800-$1,025 per claim, Agero reports.
Social and general inflation combined to push commercial auto liability payments higher by as much as $44 billion, Triple-I reports.
Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.
Road fatalities were not down everywhere as some states, such as Ohio, saw deaths increase during the period.
Topa Insurance was fined $2.1 million over an allegation that more than two dozen auto claims were mishandled.
Insurance fraud can cost U.S. consumers as much as $308.6 billion each year, according to a 2022 study by the Coalition Against Insurance Fraud.
Previous regulations required that risk retention groups be domiciled in New York State in order to write policies for not-for-profits.
Auto insurers are spending more on claims and other costs than all the dollars that they collected in premiums in 2022, J.D. Power reports.
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