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Overall cyber claims frequency increased 13% in 2023, while claims severity increased 10%, according to Coalition, Inc.

Citations for road rage, such as reckless driving, can increase insurance premiums by 51%.

Homesite Insurance paid the homeowners $691,305.12 under the terms of their insurance policy, according to the complaint.

Carriers are still making the adjustments they need to fix their loss and combined ratios from the previous two years.

Join this complimentary webcast for an insightful discussion on the critical bottlenecks of CAT claim management.

Insurance industry news from MassMutual, Swiss Re, MS Amlin and more featured in weekly update.

State Farm and Whisker Labs report almost 10,000 homes have been saved from fire hazards using Ting.

The average coverage gap was 350%, meaning more than three-quarters of the cyberattack was not covered.