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Ageing equipment and lack of proper maintenance are just a few factors driving large losses in this space.
Lightning is the frequent culprit in electronics malfunctions, but other types of weather can create surge claims.
While lightning-related claims volume has fallen since 2017, the average cost has grown 100%, Triple-I reports.
There are more impactful solutions to improve road and driver safety, writes Cathy Chase, president of Advocates for Highway and Auto Safety.
The holiday weekend is prime time for cargo thefts. Here's how those in the supply chain can help mitigate their risk.
What lessons can the aviation insurance industry draw from the pandemic and past years of extreme weather?
Making incremental improvements doesn't qualify as transformative, but completely changing the engagement model does.
Lawsuits and regulations concern 'forever chemicals' and policyholders are certain to turn to insurers for recourse.
NerdWallet rated renters insurance companies based on financial strength, customer experience and more.
As the industry works to regain profitability, factors are challenging the best efforts of insurers, customers and brokers.