Hurricanes in the East. Wildfires in the West. Those are the big disasters that grab the headlines and are driving property insurance costs and cancellations, to a large degree, right? Yes, but insurers also are seeing a huge increase in …
If a shortage of replacement parts and growing claim severity are not enough to contend with, auto insurers are also coping with a labor shortage among auto repair shops that is driving up claim costs, according to CCC Intelligent Solutions. …
On March 2, 2012, tornadoes ripped through 10 Southern and Midwestern states, killing 39 people. Fueled by a warm winter, the storms leveled neighborhoods and in a few cases, obliterated entire towns. At this writing, the National Oceanic and Atmospheric …