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Instantaneous auto accident reporting reduces loss costs by $800-$1,025 per claim, Agero reports.
It's a tough time for insureds to plan for unpredictability or disruption due to political headwinds, says Markel's Andrew Umphress.
Social and general inflation combined to push commercial auto liability payments higher by as much as $44 billion, Triple-I reports.
Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.
Insurance industry news from Renaissance Alliance, MarshBerry, Duck Creek Technologies and more.
National Cybersecurity Awareness Month is an opportune time to survey the year's biggest cyber breaches.
Claims Innovation Luminary Finalist Administrative Strategies looks at the heart of their successful technology rollout in mobile claims in this Luminaries Spotlight feature.
The company's office manager is also accused of multiple felonies for her role in the scheme.
Small business struggles mean many are seeking stronger insurance solutions, says the insurtech Counterpart.
Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.