An auto parts shortage combined with longer cycle times for repairs has contributed to repairs taking an average of about 23 days in 2023, up an average of a little more than 6 days from 2022.
Kentucky’s Insurance Commissioner has approved a 6.4% decrease in average workers’ compensation loss costs for the state, making it the 18th consecutive drop in costs for most Kentucky employers.
How has the workers’ compensation industry evolved over the past decade? The Rising Medical Workers’ Compensation Benchmarking Study answers this question.
Telematics is revolutionizing the management of commercial fleets, driving enhanced safety, efficiency, and regulatory compliance among North American firms.
Zurich American Insurance Co. may pursue a subrogation lawsuit against a subcontractor that it says forced it to pay a nearly $3 million builder’s risk claim.
Michigan’s Legislature moves to rectify the 2019 no-fault auto insurance overhaul’s unintended consequences, aiming to balance medical providers’ reimbursement rates and insurance cost for drivers.
The insurance industry’s shift from assessing and pricing risks to predicting and preventing losses – thereby improving insurance availability and affordability – is well underway.
Reinsurance News recently spoke to Joss Matthewman, Senior Director, Product Management & Strategy, RMS, about what he believes the re/insurance industry needs to do to try and combat the effects of climate change.
Discover how a one-time reputable claims adjuster’s illicit actions led to a steep fall from grace, shedding light on the critical role of integrity in the claims industry.
A recent case study by Moody’s reveals that in locations like South Florida, meeting or surpassing evolving building codes can slash home damage costs almost tenfold.
Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation.
The Chinese owner of an unauthorized central California lab that fueled conspiracy theories about China and biological weapons has been arrested on charges of not obtaining the proper permits.
