Personal Lines

One in five ultra-wealthy individuals plan to invest in real estate during 2024, according to Knight Frank.

The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.

The sector's gross written premiums have been growing by 20%-30% annually since 2020.

Estimates from the NHTSA also showed that traffic deaths of people ages 15 to 24 increased 6% in the first half of 2023 compared to the same period in 2022.

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.