Risk Management

Prognosticators question whether remote work and 'productivity paranoia' contributed to recent economic woes in the U.S.

Here are some of the insurance business insights revealed in McKinsey's new study titled 'Global Insurance Report 2023.'

The state's department of insurance reports that nine companies applied for more than $60 million in funding from the program.

DeSantis says the state's insurance regulation office is investigating reports of people being shortchanged or unlawfully dropped following the filing of their claims.

According to a recent survey, approximately 15-20% of drivers in the United States currently use dashcams.

Commercial properties with poor loss histories and those located in CAT-prone areas could see rates grow as much as 150%, according to Alera Group.

Insurers face pressure to offer pragmatic, risk-management solutions in response to severe-weather events.

The proposed change was sparked by a statewide double-digit rate increase by Allstate in 2022.