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

Insurers that continue to evolve their risk modeling gain a competitive edge in underwriting and risk management.

As of May 28, the NOAA has recorded 1,016 tornado reports for 2024.

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.

Insurance industry news from NormanMax Insurance Holdings, Cytora, SambaSafety and more is featured in this weekly update.

Submit nominations now to honor P&C insurance innovators in risk management, technology, coverages, claims and more.