Loss Control

While drivers may make the dangerous decision to text behind the wheel, passengers have the power to help end this behavior.

Supply chain woes, worker shortages, already high premiums for electric vehicles and a growing incidence of unsafe driving are all exerting pressure on the industry to raise premiums.

Scott Cornell from Travelers discusses the issue along with how to prevent such supply chain-interrupting crimes.

The industry has long thought of novel ways to manage risks. Honor them with an Insurance Luminaries nomination.

The liability limits sold to the class representative were approximately 4.5% higher than they would have been had defendants based those limits on reconstruction cost without debris removal, the suit alleged.

The plaintiff received 12 times the policy limit of the defendant's insurance coverage.