U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005 June 6, 2022 U.S. traffic deaths jumped 10.5% in 2021 to 42,915 — the highest number killed on American roads in a single...
Declarations June 6, 2022 Perfect Storm “A perfect storm of record-high replacement costs, increased frequency and severity of collisions, and an economic outlook that...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion June 6, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
Report: California Workers’ Comp Written Premium for 2021 Down 2% June 6, 2022 California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers’ Compensation...
Global Re/insurers See Average Premium Increases of 11% in Q1 June 6, 2022 Premium growth during the first quarter of 2022 saw an average increase of 11%, which was supported by continued favorable...
J.D. Power: Auto Insurance Customer Satisfaction Has Eroded June 6, 2022 J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in...
M4.1 Earthquake Confirmed in San Francisco Bay Area June 3, 2022 A magnitude 4.1 earthquake gave the San Francisco Bay Area an early morning wake-up call Thursday. The U.S. Geological Survey...
Texas Division of Workers’ Comp Seeks Comments on Designated Doctor Rules June 3, 2022 The Texas Department of Insurance, Division of Workers’ Compensation (DWC) informed workers’ comp system participants this week of proposals for...
California Highway Patrol Settlement for $4M Over Slaying-Suicide June 3, 2022 The California Highway Patrol has agreed to pay nearly $4 million to settle a lawsuit that said the agency was...
7.9% Average Rate Increase for North Carolina Homeowners Kicks in This Week June 3, 2022 Starting this week, North Carolina homeowners will see insurance premiums rise by an average of almost 8% for new and...