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Tornadoes have been reported in all 50 states. Here's what insurance professionals can expect going forward.
Florida accounts for only 9% of U.S. insurance claims but represents 79% of homeowners' lawsuits.
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.
Although they were less common, fire and lightning claims were the losses with the highest claims severity from 2017-2021.
In 2022, the number of dog-related injury claims declined 2.2%, according to the Triple-I.
The decision could have wide-ranging implications for insurance disputes — even those on land.
Annual insurance reviews are integral to avoiding coverage gaps.
Reinsurance allows a primary carrier to pass, or cede, a portion of its liabilities onto another company.
Rescheduling could make the cannabis industry more approachable for insurance companies and other financial service providers.
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