Markets

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.

Review the difference between fast and slow high-cost claims and how the pace at which a claim unrolls impacts loss costs.

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

There are many reasons for commercial property owners to have EV charging, but new technologies bring their own risks.

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

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