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Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.
Whether a property is vacant or simply unoccupied makes a difference when coverage is involved.
Join this complimentary webcast to discover how payments can be the gateway to modernization.
The island nation produces more than half of the world's laptops, motherboards and network devices.
Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.
A worker fell and hit his head on scaffolding erected on a trailer attached to a covered vehicle.
Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.
Recent sales statistics indicate the electronic vehicle market is down but not out.
The effects of climate change are putting some states that have historically had lower premiums in the line of fire for more frequent and severe weather events.
The average U.S. driver travels around 13,450 miles each year, Insurify reported.
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