U.S. commercial insurance prices increased 6.6% in the fourth quarter 2023, with “intriguing shifts” in some coverage areas, according to...
losses News
The frequency of claims submitted for repairable electric vehicles rose to its highest level in 2023, ending the year at...
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap...
Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38...
Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim...
Berkshire Hathaway Inc.’s PacifiCorp was hit with at least another $29.3 million in damages for Oregon’s 2020 Labor Day fires,...
Risk is the “new normal” for the global ocean shipping industry that handles 80% of global trade as pressure from...
The total number of common vulnerabilities and exposures (CVEs) is expected to increase by 25% in 2024 to 34,888 vulnerabilities,...
A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group paid $22 million in a bid to...
Personal and auto insurance shopping is likely to increase in 2024 due to several market factors, new research shows. The...