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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
The NICB reports that as much as $10 billion in disaster insurance payments was lost to contractor fraud in 2022.
More than 32% of the flood market is written by 77 private companies, Triple-I reports.
The group of fraudsters, comprised of family and friends, filed at least 33 fraudulent auto insurance claims.
Specialty insurers loom large on the list, driven by capacity demands for property coverage.
Review why ACV is critical for insurance and how it differs from replacement value.
EVs tend to be designated 'non-drivable' less often than ICE vehicles, Mitchell reports.
Berkshire Hathaway's AmGUARD as well as Falls Lake Fire & Casualty are pulling out of the state's beleaguered home insurance sector.
The NCCI surveyed workers' comp carriers to uncover the technology that is showing the most promise.
Discover the major trends that will impact insurance as well as the wider financial services sector.
Review the basics of the adjuster code of ethics and a breakdown of the differences between public, independent and company adjusters.