Consumers Cut Coverage as Economic Anxiety Grows
As economic anxiety increases and the hard market pushes insurance premiums higher, 51% of consumers said they are looking for ways to save money on their existing insurance policies.
Auto
Accident in a Company Car: When Would a PAP or PUP Need to Respond?
Would personal auto and personal umbrella policies ever respond if a named driver was named in a suit while driving a company-owned auto?
Personal Lines Rate Increases Moderate in Q1 2023
While homeowners and personal articles insurance on a composite basis were down slightly in the first quarter of 2023, auto insurance rates increased.
4 Studies That Reveal Distracted Driving Is Worse Than You Thought
Here is a collection of findings from recent studies that reveal the true extent of distracted driving in 2023.
8 Personal Auto Insurance Predictions: What’s In and What’s Out?
As the market appears to be deteriorating, find out what’s in and what’s out in personal auto insurance in the year ahead.
Perfect Storm Creates ‘Hardest Market Cycle in a Generation’
Rising economic and social inflation, supply chain constraints, catastrophic weather driving up losses, and historic cost increases for reinsurance has led to significant pressure on the property-casualty industry.
Symbols 1, 8 and 9 and Non-Owned and Hired Auto Coverage
Can a general contractor with hired auto coverage hire a dump truck company and be protected in the event that the trucking company’s insurance was invalid or denied coverage?
‘Worrying Sign’ as Homeowners Repair, Claim Times Increase but Digital Usage Declines
Severe events, inflation and supply chain-related concerns coupled with the strain on digital tools has led to increased dissatisfaction among homeowner clients.
Auto Claims Consign State Farm to Its Largest-Ever Underwriting Loss
State Farm’s record underwriting loss was due to rapidly increasing claims severity and significant additions to prior accident year incurred claims.
Does Uninsured Motorist Property Damage Coverage Apply to Unscheduled Trailer?
An insured vehicle is pulling an owned, non-insured trailer. An uninsured motorist ran a stop sign and broadsided the trailer pulled by the insured vehicle.
