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Although they were less common, fire and lightning claims were the losses with the highest claims severity from 2017-2021.
In 2022, the number of dog-related injury claims declined 2.2%, according to the Triple-I.
The top reasons drivers lose their heads include heavy traffic, already feeling stressed or angry, running late and feeling tired.
Annual insurance reviews are integral to avoiding coverage gaps.
The first half of the year also saw cyber insurance claims ticked up 12%, driven by an increase in ransomware and funds transfer fraud.
Insurance fraud can cost U.S. consumers as much as $308.6 billion each year, according to a 2022 study by the Coalition Against Insurance Fraud.
The most popular places to rent in the U.S. tend to have a copacetic mix of amenities, jobs and schools.
A survey from Sprout.ai shows what customers care about most in the claims process is their trust in a fair decision.
Reinsurers' premium growth was mostly driven by rate increases and not exposure growth during 2022, according to AM Best.
Discover the issues that are likely to drive D&O claims in a range of industries.