Markets

The plaintiff was injured while operating an LSES and claimed PIP benefits under his automobile liability policy. Progressive denied the claim.

Private workers' comp carriers achieved a combined ratio of 86 for the 2023 calendar year.

The average cost per dog-bite claim dropped by approximately 9% this past year.

Compared with older cohorts, homeowners age 18-34 were 10 times more likely to have their insurance dropped.

The class actions allege General Motors is gathering data about drivers without their consent and sending it to insurance companies, which raises their rates.

In 2023, ransomware claims increased 64% compared with the year prior, At-Bay reports.

Carriers are ranked by market share, based on filings from the National Association of Insurance Commissioners.

Policyholders must grasp claims-made insurance policy nuances and the risks of failing to notify insurers about potential claims.