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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
The grant is a portion of the more than $50M California gave to district attorney offices across the state to combat insurance fraud.
Although the NFIP is aiming to better align risk and premium, it also has to balance affordability into the equation.
More than 80% are actively looking or very likely to seek additional policies, according to Arthur J. Gallagher & Co.
Younger consumers were more likely to find insurance confusing and overwhelming, according to Cake & Arrow.
Compared with 2021, 4% fewer consumers would say something positive about their current insurance provider.
The U.S. saw 43% of global ransomware attacks from July 2022-June 2023, according to Malwarebytes.
Getting a ticket for street racing can cause auto insurance premiums to increase by as much as 73%.
Motorcycle thefts were up 7%, according to the NICB, which breaks down the most commonly stolen bike brands.
What is the CPCU designation, who is it for and why does it matter for your career?
By underreporting payroll, the construction business shortchanged its workers' comp carrier by more than $790K in premium payments.