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Home insurance rates in the U.S. are expected to see an average increase of 9% this year.
Direct premiums written in 2022 were up nearly $80 billion from the previous year, according to the NAIC.
The worst affected market was Boise, Idaho, where the cost of a home fell 15.4% in the year.
A survey finds one-third of claimants are unhappy with their experience — 60% link that dissatisfaction to speed. AI might be the missing link between customer expectations and what you deliver.
Several aspects of the law are effective immediately and will affect bad faith claims, comparative negligence and attorney fee awards.
A probe of Fidelity National Financial uncovered both verbal and written no-poach deals.
It takes a knowledgeable insurance agent to truly pinpoint a homeowner's risk and necessary coverages.
Review how active scanning and continuous monitoring can improve the loss ratio for cyber insurance.
The Motor Vehicle Insurance Fairness Act would prohibit certain underwriting and rating actions deemed discriminatory.
The rate increase following an accident varies depending on the location, driver's history and insurance company.
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