Customers expect insurers to share information that illuminates the hidden dangers of their daily routines and to give guidance on minimizing the likelihood of adverse outcomes.
A recent bankruptcy case offers a cautionary tale to asbestos defendants who are watching their insurance assets dwindle as claims continue to be filed.
Supply chain woes, worker shortages, already high premiums for electric vehicles and a growing incidence of unsafe driving are all exerting pressure on the industry to raise premiums.