Half of homeowners worry their homes will be uninsurable in the future, a new survey shows. The results of a...
inflation News
Fitch Ratings said it expects the U.S. property/casualty insurance industry to generate modest underwriting improvement in 2024, following poor auto...
The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic...
The average claim cycle time for auto injury has dropped below pre-pandemic durations after rising rapidly in 2020 and 2021,...
While fast-rising prices in the past year drove up claim costs for auto and property insurers, inflation has been a...
Insurance claims inflation has risen faster than the underlying consumer price index, outpacing auto insurance premium increases, according to a...
An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications...
In April 2022, a fire broke out in a Walmart distribution center in Plainfield, Indiana. The fire burned for more...
A combination of historic high inflation and a growing frequency of natural catastrophes is creating the hardest market in a...
High inflation alone led to an increase in property/casualty claims of 5-7.5%, across five key markets in 2022, according to...