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Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.

The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.

State Farm currently holds around 8.7% of all home insurance policies in California.

Policyholders can take steps to prevent their policy premiums from climbing due to preventable claims.

Scott Ewing of AXA XL Risk Consulting discusses modern loss prevention measures for commercial properties.

Eight property and casualty insurers have recently been approved to enter the Florida market.

In this week's Legal Speak episode, James Whittle with the American Property Casualty Insurance Association dives into the impact of what the organization has dubbed "legal system abuse" as social inflation—the belief that large corporations are "bad actors with deep pockets"—helps fuel "nuclear" verdicts.

Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.