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62% of drivers think usage-based policies are fair, but some have reservations over data privacy.

Midsized and compact cars supplanted pickups as the most targeted vehicles.

"Profitability in the U.S. homeowners' insurance sector has been weak in recent years."

IoT devices in the workplace increase cyber risks, making it easier for threat actors to access secured systems.

The case hinged on the innocent insured doctrine, which allows for recovery if a co-insured deliberately causes a loss.

The nationwide average cost for renters insurance is $180 annually, or about $15 per month.

Insurance industry news from Ryan Specialty, FM Global, Signal Restoration and more featured in weekly update.

AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.