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The United States experienced 18 NAT CAT events in 2022 with losses over $1 billion each, according to the NOAA.
When broken down by vehicle type, Forbes found minivans were the least expensive to insure on average and coupes were the most expensive.
The past year saw strong growth in the E&S market. Will 2023 hold more of the same?
An assignment of benefits permits a third party to go after the insurer for payment, but homeowners don't always realize what signing an AOB means.
ValuePenguin analyzed holiday accident statistics to determine which U.S. states are the deadliest for Christmas drivers.
Under the new law, insurers will be protected from excessive jury awards in lawsuits involving property damage or personal injury.
Review the events that shaped flood insurance in 2022 and where the sector is heading in the new year.
The company has around $6.5 million in cash on hand, which it reported will be enough to maintain day-to-day operations during the bankruptcy.
Lawmakers are worried about one company's outsize role in the coal surety business and its ability to cover reclamation costs should mines start going belly up.
A recent report from Insurify examines which cities' and states' drivers are paying the most (and least) for auto coverage.