Browsing: Insurance
The company said the change in structure is intended “to create a more efficient organization” and comes after “a thorough evaluation of the company and reduction…
RAND Corporation researcher James M. Anderson noted no-fault insurance is a “classic example of the law of unintended consequences” in a 2010 report on the subject.…
The law was enacted to prevent policyholders from unknowingly waiving supplemental spousal liability coverage, which occurred routinely in the past, according to the United Public Service…
In 2020, teen roadway deaths increased 14.3%, the largest year-on-year increase during the previous decade, according to ValuePenguin.com, which reported overall teen driver fatalities declined 6.4%…
“This alleged auto insurance fraud ring is a prime example of the type of fraud that increases premium prices for all California drivers,” Ricardo Lara, California…
“Despite greater interconnectivity between components, they (EVs) have fewer moving parts,” Ryan Mandell, director of claims performance at Mitchell, said in a release. “So, unless an…
Vehicle thefts have soared since the beginning of the pandemic, but so have recovery rates, according to the National Insurance Crime Bureau (NICB). They found that…
As insurers and other financial service industries gain a better understanding of how to harness artificial intelligence, generative AI will have an outsized impact across organizations,…
“For decades, the insurance industry, particularly P&C, have taken for granted that their products are required,” Josh Levine, Cake & Arrow founder and CEO, said in…
Street racing is among the most severe violations a driver can commit, according to Insurify.com, which noted racing can count for more than twice as many…