Report Using Aerial Imagery Keys in on Hailstorm Risks to Colorado Homes May 10, 2024 A report looking at 1.2 million homes in Colorado shows risks in the one of the top states for hail-related...
Growing Progressive Set to Hire 10,000+ in Claims, IT, Other Roles April 30, 2024 Progressive Insurance isn’t just growing the number of policies it writes but aims to hire thousands to support several years...
Time-Tested Loss Reserving Methods Challenged: AM Best April 17, 2024 Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
Global Election Super-Cycle Raises Risk of Political Violence, Large Insurance Losses April 11, 2024 By L.S. Howard Almost half the world’s population will go to the polls before the end of 2024, which raises the threat of...
Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair: Report April 9, 2024 By Don Jergler New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more...
Report: Four-in-10 California Workers’ Comp Claims from Workers with Less Than a Year of Tenure April 4, 2024 Roughly four-in-10 workers’ compensation claims come from workers with less than one year of tenure, a new report from the...
New $20 Minimum Wage for Fast Food Workers in California Began Monday April 1, 2024 By Terry Chea and Adam Beam Most fast food workers in California will be paid at least $20 an hour began Monday, when a new law...
Viewpoint: The Impact of Climate-Driven Risk Reassessments on the Housing Market March 27, 2024 By Travis Hodges One of the most pressing challenges facing insurance professionals today is the escalating impact of extreme weather events in traditionally...
Utah Insurance Department Warns About Fake Shipping Coverage March 21, 2024 The Utah Insurance Department issued a warning about unlicensed companies and individuals offering coverage for damaged packages or packages stolen...
Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation March 14, 2024 By Tony Rai Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers...