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Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Policyholders can take steps to prevent their policy premiums from climbing due to preventable claims.
Countries that rank among the top 50 most resilient nations recover from property losses 30% faster than other locations, FM Global reports.
Insurance experts analyze who was involved from a coverage and liability perspective.
In the first half of 2023, drivers in the United States struck and killed 3,373 pedestrians, according to data from the GHSA.
Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.
Recent sales statistics indicate the electronic vehicle market is down but not out.
The average U.S. driver travels around 13,450 miles each year, Insurify reported.
Around 7% of all homeowners in the U.S. are uninsured, according to the Consumer Federation.
ValuePenguin survey results reveal Honda CR-V and Ford F-Series models are the most affordable vehicles to insure, while Tesla's Y model tops the list for most expensive auto insurance rates.