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Total cost of risk climbed 2% in 2018, RIMS survey finds
By Danielle LingThe average increase in insurance rates last year is one explanation for the increase in TCOR, the 2019 RIMS Benchmark Survey found.
News and information for insurance professionals on the way carriers collect data and information on a variety of subjects including claims, losses, and demographics and on the way the data is used to assess risk, determine rates and provide risk mitigation consulting services.
The average increase in insurance rates last year is one explanation for the increase in TCOR, the 2019 RIMS Benchmark Survey found.