All Peril severity reached an all-time high in 2025, rising 25.9% from a year earlier, a new report shows. LexisNexis...
claims severity News
Looking at non-catastrophe claims that closed with a payment last year, the median paid loss hovered around $9,000 regardless of...
Fitch Ratings said it expects the U.S. property/casualty insurance industry to generate modest underwriting improvement in 2024, following poor auto...
The workers’ compensation line powered through the COVID-19 pandemic last year, generating an average profit of 24% while carriers built...
Insurers are making a bundle on personal auto because claims have plummeted, but the long-term outlook for the line isn’t...
The frequency of M&A insurance claims is rising as large deals prove risky and the average payout on the most...
A recently released LexisNexis Risk Solutions’ study found that carriers that incorporate real time data analytics into the claims process...