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Fraudulent claims cost insurers and their customers infinite time, money and resources.
The American Medical Association reported nearly half of physicians 55 and older have been sued at some point in their careers.
The first six months of this year saw more than 23,974 vehicle thefts, according to the Council on Criminal Justice.
Insurers now lean on purpose-built tools and scientifically derived data to manage shifting exposures and regulatory requirements.
Pie Insurance will provide distribution, underwriting, servicing and claims functions.
The legislation adopts a national model for insurer cybersecurity mandating that insurance entities implement new cybersecurity protections to better safeguard nonpublic information from nefarious threat actors.
Risk management and insurance organizations must stay committed to moving forward with innovation and strong leadership.
These ten commercial auto insurers finished 2022 at the top, according to the National Association of Insurance Commissioners.
According to LexisNexis, drivers age 66+ had the highest rates of new auto policy growth in Q1 2023.
State Farm is expected to maintain its leading market share in California even without writing new business, according to Fitch Ratings.
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