Insurers have increased their estimates of the cost of the three hurricanes that struck Louisiana by 25 percent since the end of last year, Insurance Commissioner Jim Donelon said. Insurance companies now expect to pay $9.6 billion on claims of …
DUEBENDORF, Switzerland — Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The …
For the first time ever, Brownsville, Texas, is the safest-driving city on Allstate’s 12th annual America’s Best Drivers Report. The report serves as an important safe-driving reminder as motorists prepare to hit the roads for the July Fourth holiday – …
Thanksgiving is recognized as one of the most heavily traveled holidays, with festivities both before and after the turkey is carved. As families prepare to hit the road this Thanksgiving week, new data from Progressive Insurance offers drivers a leg …
According to data from the Farmers Insurance Seasonal Smarts Digest, extreme spring weather brings a significant increase in damage to cars and homes across the country between April and June. The new report, which examined Farmers claims data from 2013 …
This winter will have higher than average precipitation in the Southern United States, according to a prediction by the National Oceanic and Atmospheric Administration. On the heels of this report, Allstate Insurance Company released its America’s Best Drivers Report. The …
U.S. drivers are nearly 3 percent more likely to collide with a deer in the next 12 months than they were last year, according to new claims data from State Farm. The odds drivers will hit a deer in the …
For the fourth year in the report’s history, the top honor of “America’s Safest Driving City” is Fort Collins, Colo., according to Allstate Insurance Company’s tenth annual “Allstate America’s Best Drivers Report.” Fort Collins has placed in the top ten …
The value and impact of data could not be any more present, and important, in each of our lives today. From Google to Facebook and even IBM’s development of “Watson,” data and intelligence are quite literally changing our world. The …
Today’s claims executives face tremendous financial pressures and must make better use of information and automation to respond faster and more effectively to an ever changing landscape. Many have focused their attention on data and analytics for help with loss …