Increases in auto accident severity, attorney involvement and litigation, as well as recreational activities are driving claims in the personal umbrella space — and one expert believes their impacts will only accelerate into the future. In a recent interview with …
A significant number of Americans ages 44 and younger show a high level of tolerance for insurance fraud, according to a new survey of insurance consumers by Verisk and the Coalition Against Insurance Fraud. The accompanying study found that while …
Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration, 966 pedal cyclists were killed in traffic crashes in 2021. That marked the most deaths in one year since 1975. …
How could the current economic environment affect workers’ compensation — and the property and casualty insurance industry overall – in 2023? That’s a question that insurance veteran Robert Hartwig addressed in a recent presentation. Hartwig, a clinical associate professor of …
How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in 2023? Earlier this month, insurance veteran Robert Hartwig forecasted answers. Hartwig, a clinical associate professor of finance and insurance at …
As musicians prepare for a star-studded summer of live events, the demand for performances is huge. At the same time, entertainment carriers are adjusting their appetites and underwriting parameters. Catastrophic losses at music festivals and concerts have led to more …
Despite posting a year-over-year net income increase of 45%, Progressive Corp. shared first quarter financial results on Tuesday that showed the company falling short of its combined ratio goal for 2023. The firm’s CR for the quarter was 99 – …
Like so many teenagers, they didn’t know much about insurance. When Gabby Banks, Henry Cram, Taylor Trafton, Filmon Futsum and Casey Alexander set foot on their respective college campuses, underwriting and claims were another language. But professors guided them to …
A Cognizant report published last year, titled a pragmatist’s guide to the Metaverse, said if you ask three people what the Metaverse is, you’ll get three different answers. Insurance Journal recently tested that theory — and dissected the developing virtual …
Female gig workers in the U.S. make less than males, wear more hats, and are more worried about their futures, according to Legal & General Group research. A study sponsored by the group found that across all categories of respondents …
