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There are several ways in which social media can inform the claim-investigation process.
FBI statistics show property crime is significantly more common than violent crime in the United States.
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.
Florida has seen property insurance rates surge 125% in the past five years.
Contractor fraud in the U.S. cost upwards of $9.3 billion in 2023.
Insurance industry news from USI Insurance Services, Crestfield Risk, Embri and more is featured in this weekly update.
High-tech vehicles can create fresh opportunities for bad actors to access personal data and even overtake systems.
Investors are attracted to the insurance sector's steady cash flow and 'recession insulation.'
While claims severity skyrocketed, claims frequency was relatively flat year-on-year.