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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
Overall shipping casualties or incidents declined around 3% in 2023, Allianz reports.
The trucking company owner is accused of underreporting payroll by more than $2 million as well as misclassifying employees.
While claims severity skyrocketed, claims frequency was relatively flat year-on-year.
CargoNet estimates the total value of goods stolen during Q1 2024 could be as high as $154.6M.
Damage appears similar to the impact of strong winds from hurricanes Ike and Alicia, according to AccuWeather.
In addition, review the highest-rated business owners policy bundles.
The charges include insurance fraud, grand theft by trick and false imprisonment.
California has seen four of the most destructive wildfires in U.S. history, the most of any state.
Workers' compensation premiums increased 1% this past year, according to the NCCI.
Dogs accounted for 78.6% of insured pets in North America this past year, according to the NAPHIA.