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Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
The move by AIG reflects a larger pattern in the insurance industry to directly confront climate change.
While many people spend time on boats, they often don't know much about boat safety.
Agero research suggests accident management may be able to reduce loss costs by $500-$800 per claim.
Helping consumers to help themselves empowers them and strengthens their bond with the brand.
Rates in some catastrophe areas are up as much as 50%.
News from American International Group Inc., Everest Insurance International, ClarionDoor Inc. and more.
Insurance companies have always used a mix of internal and external data sources to make underwriting decisions.
While it's easy to see water parks simply as a fun getaway, there are plenty of risks to be aware of before your next visit.
The industry's statutory combined ratio fell to 86% in 2018 and has averaged 93% annually since 2015.
Improving workers' compensation claim outcomes in a statutory, no-fault system is challenging but achievable.