Insurance Group Says Data Suggests Cannabis is Increasing Accident Rates March 14, 2019 By Jim Sams Preliminary research indicates that the legalization of recreational marijuana in 10 states has increased accident rates, the Insurance Information Institute...
Hurricanes Reveal Need for More Catastrophe Adjusters October 2, 2017 By Denise Johnson Back to back hurricanes coupled with retiring, experienced personnel has created a tight adjuster job market. From emails to online...
I.I.I. White Paper Reveals the Reasons for Increased Frequency, Severity in Auto Claims October 25, 2016 In the last two years, private-passenger loss costs have risen sharply the result of more and costlier claims, according to...
I.I.I.: Homeowner Insurance Claim Severity Due to Lightning Up 7% in 2015 June 21, 2016 The number of homeowners insurance claims from lightning strikes in the United States fell in 2015; however, the total insurers...
Dog Bite Claims Costs Rise 16% to $37,214 May 13, 2016 By Emma Orr The cost of dog bite claims for U.S. insurers climbed 16 percent last year on higher medical expenses and larger...
I.I.I.: The Role Insurance Plays in Movies February 26, 2016 Before the cameras started to roll for Best Picture nominees like The Revenant and Mad Max: Fury Road, the producers...
Florida Insurance Industry in Good Shape for Upcoming Hurricane Season June 1, 2015 By Barbara Liston The 2015 Atlantic hurricane season opens on Monday, and a combination of a forecast for fewer-than-average storms and the highest...
Workers’ Compensation Results Improved in 2014 But Industry Anxious About What’s Ahead May 15, 2015 By Andrew G. Simpson The workers’ compensation industry had a pretty good 2014 in which its combined ratio improved for the third consecutive year,...
Average Dog Bite Liability Claim Cost Falls May 16, 2014 Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2013, costing more...
Superstorm Sandy One Year Later October 28, 2013 By Denise Johnson Almost a year ago to the day, Superstorm Sandy struck a dozen states in the Northeast resulting in nearly $18.75...