While fast-rising prices in the past year drove up claim costs for auto and property insurers, inflation has been a...
inflation News
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...
CEDAR RAPIDS, Iowa (AP) — High inflation and construction cost spikes are prompting city officials to study the impact of...
US auto insurers are coping with the largest direct loss ratio in 20 years because of factors that include historic...
Following the easing of Covid pandemic restrictions, we are now facing a fresh “cost of living crisis” created by rising...
Elevated prices for replacement parts and a shortage of technicians are among the factors that will likely offset any decrease...