INSURASALES

Tag: Claims Analysis

Study Finds Surging Liability Insurance Deficits Driven by Rising Claims Costs

Triple-I and CAS study reveals liability insurance deficits between $231.6B and $281.2B over 2015-2024 due to rising claims costs and legal system factors, exceeding standard inflation.

Michigan Ranked 4th State for Auto Animal Collision Claims by State Farm

Michigan ranks 4th nationwide in auto insurance claims from animal collisions, with deer causing the majority. State Farm data reveals seasonal trends and regional risk variations, impacting insurance claims and risk management strategies.