9 worst scammers of 2017 named to Insurance Fraud Hall of Shame
An extensive (and expensive) list of perpetrators make up the “No Class of 2017” as determined by the Coalition Against Insurance Fraud.
Personal Lines
New study finds U.S. car insurance rates at all-time high
Annual report from auto insurance search engine The Zebra examines auto insurance pricing across the U.S., uncovers local and national trends in context of disastrous weather events, technological advances, distracted driving, and other behavioral changes.
Indy agents still responsible for lion’s share of P&C premiums; seen as growth engine by carriers
First-ever J.D. Power U.S. Independent Insurance Agent Satisfaction Study takes pulse of largest P&C distribution channel, and finds overall agent satisfaction with insurers is just 696 (on a 1,000-point scale) for personal lines and 686 for commercial lines.
Insurtech Update: News from 5 startups looking to disrupt their markets
The latest developments at tech companies across the life & health and P&C spectrums – Lemonade, Haven Life, Ladder, Wellthie and Hippo – involve new funding, expansion plans, new offerings and more.
Top auto, home and renters carriers ranked based on user experience
A new Clearsurance ranking of the top auto, home and renters insurance carriers based entirely on policyholder feedback netted some strong results for USAA, which topped two of the categories and placed second in the other.
Vermont again tops for insurance regulation environment; Delaware ranks last, report finds
While Vermont is only state to earn an A+ grade, significant new restrictions imposed on underwriting freedom relegated Delaware to the bottom of R Street Institute’s 2017 Insurance Regulation Report Card.
Hurricanes, wildfires lead to a record-high bill for weather-related disasters in 2017
Natural disasters cost the U.S. a record $306 billion in 2017. And while premiums may well rise for consumers, but experts say increases would have been more dramatic if the industry were not so capitalized and diversified.
Amazon Key app raises liability questions – and likely homeowners rate
New system meant to curb package theft could end up costing people who use it a lot more in the form of higher homeowners or renters insurance premiums.
Strange but true: Wacky things and trivia nuggets from the world of insurance
No doubt insurance is a serious business. But that doesn’t mean a lot of silly or curious things related to insurance won’t pop up in the news from time to time.
Organic growth stalls but profits soar in 3Q for P&C agencies and brokerages
More favorable pricing, economic trends suggest improved growth ahead according to new report; profitability hits median high of 22.7% in third quarter.
