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A common cause of corrosion-related failure is electric current traveling through a pipe and discharging.
According to claims data from Travelers collected over the last decade, vandalism claims increase 68% on Halloween compared to all other days of the year.
The costs for non-hospitalized long COVID patients can be nearly as high as hospitalized patients with traditional COVID.
Some 30% of American drivers are considering switching insurance providers in hopes of saving money, Insurify reports.
New technology is disrupting the legacy insurance experience and mass consolidation is inevitable.
The pandemic has forced companies, including insurers, to reconsider how they sell and service their products to customers.
Hurricanes produce strong, powerful winds, but it's actually the water that causes most of the destruction, accounting for nearly 90% of fatalities.
Steve Tagert, North American environmental practice leader for Allianz, discusses some of the evolving environmental risks carriers are facing.
Now is the busiest time of year for these businesses, which still face risks ranging from auto to wildfires.