The size of payouts for legal malpractice claims reached an all-time high last year, and for the first time some...
claim severity News
Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled...
The COVID-19 pandemic corresponded with an unusual decrease in workers’ compensation claim severity, while claim frequency was pretty much unchanged,...
Advanced driver assistance systems result in fewer claims and reduce insurers loss costs by up to 23%, according to a...
The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to...
Legal malpractice claims frequency leveled off in 2020, after two years of record payouts and total costs that approached $1...
A sharp decline in claim frequency helped the commercial auto line achieve its best underwriting performance in a decade last...
The number of cars on US roadways is returning to normal as states ease COVID-19 restrictions, but that doesn’t necessarily...
Rising claim severity is leading to rate increases for professional liability insurance sold to architecture and engineering firms, according to...
Auto casualty claimants are avoiding hospital emergency rooms during the COVID-19 pandemic but are generating increased hospital charges anyway, according...