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The owner of the cargo ship involved in Baltimore's bridge disaster declared 'general average.'
The contractor underreported payroll by nearly $1 million to lower his workers' comp premium.
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
One in five ultra-wealthy individuals plan to invest in real estate during 2024, according to Knight Frank.
The sector's gross written premiums have been growing by 20%-30% annually since 2020.
Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.
State Farm currently holds around 8.7% of all home insurance policies in California.
A single training session and advanced software are not enough to maintain robust cybersecurity.
In 2023, the number of dog bite and injury claims was up 8% compared with the year prior and 110% compared with the past decade.