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While auto claims frequency in the United States has decreased over the last several years, claims severity has continued to climb.
'We came so close,' said general counsel for the Independent Insurance Agents & Brokers of California.
More than 40% of policyholders think education level shouldn't be considered when setting personal auto rates.
'What I am suggesting is that we read the statute — and it could have been written better — to be sure,' Chief Justice Stuart Rabner said.
The defendants involved in the alleged scheme said the records were irrelevant and privileged, as the criminal charges were dismissed.
Insurance industry news from ACORD, SIAA, Burns & Wilcox and more.
Verisk reports that severe thunderstorms have accounted for more than 70% of insured losses in 2023 so far.
Today's transient homebuyers tend to be look for affordability, warm weather and high quality-of-life.
Since April, more than 500 felony charges have been filed and 132 vehicles, valued at $11.5 million, have been recovered.
The country's natural catastrophe insurance pool reportedly has a limit of $275 million in excess of $25 million.