Search
MORE TO EXPLORE
Expert Perspectives is the home to the voices of industry leaders, as they share their expertise and insights directly from the field.
In-depth coverage of the most significant issues shaping the industry
Media & Resources
Sign In To follow
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
The average payment for a Hurricane Ian-related claim was more than $104,000, according to FEMA.
Home insurance rates in the U.S. are expected to see an average increase of 9% this year.
Regardless of age or industry experience, employees in their first year on a job accounted for 34% of all claims.
Making matters worse, home replacement costs have escalated more than 55% since 2019, according to Triple-I.
Unsurprisingly, America's best-selling vehicle is also most frequently targeted.
The scheme was uncovered while the California Department of Insurance was investigating an unrelated matter involving fake auto insurance claims.
Small business employees experience 350% more social engineering attacks than those at larger enterprises, according to StrongDM.
Health care workers at the facility were subjected to more than 500 incidents of violence during a seven-month period, OSHA contends.
The estimated fatality rate for 2022 is projected to be 1.35 deaths per 100 million vehicle miles traveled, down from 1.37 the year prior.
Insurers are paying out less in claims and policyholders have seen premiums drop following 2020 changes to the state's no-fault system.