
Minnesota Men Face Federal Charges in Interstate Catalytic Converter Theft Ring
Federal officials have charged four Minnesota men in a multi- million-dollar scheme to transport stolen catalytic converters to buyers in several states.
November 2, 2023
Auto
Fraud
Insurance Industry
Litigation
Colorado
Minnesota
New Jersey
New York
Oklahoma

Unveiling Generative AI: A Game Changer for Customer Engagement
Generative AI enables the creation of sophisticated, personalized customer experiences in the insurance industry through intelligent communication.
November 1, 2023
Insurance Industry
Risk Management
Technology

2022 Sees a Dip in Uninsured Driving Rates Post-Pandemic Spike: IRC Report Reveals
About one out of seven U.S. drivers operated a private-passenger vehicle without liability insurance in 2022, according to new research by the Insurance Research Council (IRC), an affiliate of The Institutes.
November 1, 2023
Auto
Insurance Industry
Legislation & Regulation
Risk Management

AI and Economic Trends: A New Era of Opportunities in Subrogation
How is artificial intelligence changing the subrogation process? How has the economy changed carriers' appetite to identify subrogation opportunities?
November 1, 2023
Insurance Industry
Legislation & Regulation
Subrogation
Technology

Triple-I Partnership Cultivates Diversity and Early Career Advancement in Insurance
To amplify the Insurance Information Institute's (Triple-I) commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT.
October 31, 2023
Education & Training
Insurance Industry
Risk Management

Guidewire and RiskStream Unite: Revolutionizing the Insurance Landscape with RAPID X Technology
By creating a single source of truth, blockchain-based "smart contracts" enable real-time data collection, sharing, and analysis that can reduce fraud, accelerate claims processes, and save the industry $200 billion per year.
October 31, 2023
Auto
Fraud
Insurance Industry
Technology

Evolving Vehicle Valuation: A Shift Towards Dynamic Insurance Pricing Amid Changing Auto Retail Trends
Changes in buyers' behavior mean an insurer using MSRP to set an insurance value is underpricing the vehicle from the start.
October 31, 2023
Auto
Insurance Industry
Risk Management
Technology

Unveiling Modern Trial Tactics in Transportation Cases through Expert Roundtable
CLM's Transportation Community experts discuss virtual mediations and assessing the strength of the plaintiff's attorney.
October 31, 2023
Auto
Education & Training
Insurance Industry
Liability
Litigation
Illinois
Massachusetts
Pennsylvania

Erie Insurance Faces Accusations of Racial Bias in Underwriting Practices
Erie Insurance defends its practice of telling agents to use subjective factors when judging a potential customer. Maryland regulators say the company sought to exclude Black and Hispanic people.
October 30, 2023
Insurance Industry
Legislation & Regulation
Liability
Litigation
Maryland
New York
Pennsylvania

Hurricane Otis Racks Up Billions in Insured Losses, Marks Historic Financial Drain for Mexico’s Insurance Sector
Reinsurance broker Gallagher Re has said that hurricane Otis will be one of the costliest natural catastrophe events in Mexico's history, with a multi-billion-dollar insurance market loss anticipated.
October 30, 2023
Catastrophe
Insurance Industry
Property
Risk Management

Matthew Perry’s Hot Tub Incident Highlights Insurance Risk Concerns
When it comes to washing away stress and soothing achy joints, it's hard to beat the warm water and gurgling jets, but the actor's untimely death serves as a painful reminder of the risks inherent to owning a hot tub.
October 30, 2023
Insurance Industry
Liability
Risk Management

Navigating Through the Vines: Assessing the Current State of Winery Insurance Market in California
While certain geographies are experiencing a tightening of P&C capacity, especially in California, wineries in the region are feeling the sting more than most due to extreme weather events.
October 30, 2023
Insurance Industry
Property
California

State Farm Sees a Significant Dip in Catalytic Converter Theft Claims in H1 2023
According to the company's latest data, there were approximately 14,500 claims related to catalytic converter thefts during this period, marking a significant drop from the 23,570 claims made in the same period last year.
October 27, 2023
Auto
Insurance Industry
Legislation & Regulation
Risk Management

Striking a Digital Balance: Insurers Tackling Claims Complexity in a Digital Age
Americans are turning to digital channels for some home and auto insurance needs, but other areas have proven more complicated.
October 27, 2023
Auto
Insurance Industry
Liability
Property
Technology

Auto Claims Satisfaction Scores Are Up Despite Longer Repairs
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.
October 26, 2023
Auto
Insurance Industry
Technology



