Browsing: Insurance
Even if an insurer has no sinister motives and intends to pay the policy limits, it can be threatened with an expensive Holt suit if the…
Auto claims frequency declined more than 2% on an annualized basis from 2002 to 2022, the Insurance Research Council (IRC) reports. However, claims severity has swung…
When it comes to personal auto, 85% of policyholders believe it is fair to consider a driver’s previous traffic violations when setting rates, while 76% think…
Insurers should seek out all available sources of records, including criminal records, when litigating a civil case for fraud. Credit: Jonathan Weiss/Shutterstock.com Various Geico entities brought…
The thieves would target Bentley, BMW, Cadillac, Land Rover, Porsche, Mercedes-Benz, and expensive models from Chevrolet, Dodge, Ford and other automakers. Credit: Shutterstock.com Insurers of high-end…
According to LexisNexis Risk Solutions’ internal analysis of claims data in the Chinese market, claims frequency of EVs is on average 56% higher and claims severity…
With the U.S. seeing auto insurance premiums increase an average of 17% during the first half of this year, according to Insurify, Inc., drivers across the…
When it comes to holiday traffic deaths, Labor Day is the deadliest holiday period during the summer, according to auto app provider Jerry, which reported the…
The National Highway Traffic Safety Administration (NHTSA) estimated that around 9,330 people died in traffic crashes in the first three months of 2023 – a drop…
Under Pennsylvania law, a policy cannot be interpreted to mean anything other than what it says, and disputes over coverage must be resolved only by reference…