Preliminary traffic data provides some hope that a rash of unsafe driving habits spawned by traffic-free roads during COVID-19 business shutdowns is beginning to abate. The National Highway Traffic Safety Administration said that for the second quarter of 2022, from …
By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have some views.” Addressing an …
Louisiana Workers’ Compensation Corp. (LWCC) was created by the state legislature in 1991 in an effort to stabilize and revitalize the state’s workers’ compensation. Today, the private nonprofit mutual insurance company has around 17,000 policyholders and is the largest workers’ …
An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that continually growing costs of claims has eroded statewide underwriting results. The …
Vehicles are doing a better job of protecting people in crashes, but a new crop of advanced technology aims to prevent many crashes from happening altogether. A new study by the insurance industry’s Highway Loss Data Institute (HLDI) finds that …
