News

The collision repair industry has experienced a great deal of change over the last several years. The Great Recession drove already flat-to-declining vehicle accident frequency down further, while high unemployment rates led to further declines in overall U.S. miles driven. In 2014, however, the industry saw claim frequency...

However, the industry's profitability, premium growth and underwriting ratios all preformed better than the long-term historical average, and policyholders' surplus reached record levels.

The proposed revisions would add certain captive insurers and special purpose vehicles into the accreditation program.

A pipeline the oil market had all but forgotten resurfaced like a painful memory last week, spilling 500 barrels of heavy oil into the Pacific Ocean.

U.S. workers compensation insurers posted their first underwriting profit since 2006, helping the industry counter lower yields on bond portfolios.

Move over shale. The sun is now the fastest growing source of U.S. electricity.