Litigation Trends Drive Economic Impact on U.S. Property Casualty Insurance
Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.
Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.
A Sibley, Iowa man was charged with felony insurance fraud for adding vehicles to his insurance policy after a July 2024 accident and filing a claim. This case highlights regulatory enforcement and compliance issues in automobile insurance claims.
In 2024, commercial auto insurers faced a $4.9 billion underwriting loss driven by an 8% annual increase in claim severity, highlighting persistent challenges from social inflation and risk management in the U.S. market.
U.S. homeowners face rising insurance premiums driven by extreme weather and market shifts, affecting affordability and real estate transactions. Learn key trends and insurance strategies.
Guidewire Software delivers strong financial results with 26% stock gain and efficient customer acquisition, boosting its position in insurance technology.
Zurich Insurance rolls out digital policy cards and travel alerts in Singapore, Malaysia, and Australia via Zurich Edge platform, enhancing real-time access and travel safety for insured customers.
HWP Insurance appoints Jack Cauley as Vice President and Director of Commercial Sales to drive growth and innovative risk financing solutions.
Explore how the U.S. property and casualty insurance industry navigates declining global rates, rising catastrophe losses, and technology adoption, with key growth insights from Palomar Holdings, W.R. Berkley, and Axis Capital.
Explore the U.S. Excess and Surplus (E&S) insurance market trends featuring modest property rate decreases, variable casualty pricing, and the rising use of AI-driven underwriting technology.
Kin expands digital home insurance into Missouri using advanced data analytics to tackle severe weather risks with precise, fair pricing and streamlined claims.