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This week's update includes insurance industry news from Brokerslink, Clearcover, Aon and more.

The NHTSA estimates 18,720 people died in motor vehicle crashes in the first half of 2024.

SME insurance market peaked at roughly $19.18 billion last year.

Juan Andrade succeeds current USAA CEO Wayne Peacock, who announced his retirement in August.

Insured losses are now estimated at $30 billion.

The plaintiffs claim that a drained and unrepaired reservoir along with inadequate hydrant pressure undercut firefighting efforts.

Here's where car and truck thefts are now most common in the U.S. along with the reasons why.

Adjusters and agents often use the term "sudden and accidental" when deciding why a loss should or should not be covered.