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Insurance industry news from Carpe Data, RIMS, Openly and more.

Propelling this legislation forward were filings in 2022 by Allstate, which increased rates by 40% during that calendar year.

Home insurance rates in the U.S. are expected to see an average increase of 9% this year.

Direct premiums written in 2022 were up nearly $80 billion from the previous year, according to the NAIC.

Computers in semi-autonomous vehicles will play an important role in determining who may be at fault in a crash.

The proposed change was sparked by a statewide double-digit rate increase by Allstate in 2022.

From EPL issues to vindictive employees, cutting staff carries a broad range of risks that could impact insurance coverage.

According to J.D. Power, these insurers have made a good impression on customers during the property claim process.