Coverage & Policy Issues

Illinois, New York and Ohio saw double-digit increases in the rate of stolen vehicles during the first half of 2023, according to the NICB.

Professional lines are feeling the impact of social inflation, making it an increasingly difficult segment for insurers.

Review what flood insurance does and doesn't cover as well as how 'flooding' is defined by the NFIP.

State Farm alleges the fraud scheme operated for more than a decade.

Underwriters, however, remain wary about the potential impact of climate-driven disasters.

The previous record of 1,862 compromises was set in 2021, the Identity Theft Resource Center reports. This year has seen more than 2,100 data-compromise events with three months to go.

Instantaneous auto accident reporting reduces loss costs by $800-$1,025 per claim, Agero reports.

It's a tough time for insureds to plan for unpredictability or disruption due to political headwinds, says Markel's Andrew Umphress.