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April 9, 2024
The Insurance Information Institute (III) has released a report suggesting that excessive lawsuits are contributing to rising auto insurance rates. The report outlines how practices such as third-party litigation funding and outsized jury verdicts are increasing costs for businesses and consumers.
December 7, 2023
The potential insured losses resulting from U.S. wildfires are growing even as their frequency decreases because close to 99 million Americans reside in the wildland urban interface (WUI), according to the Insurance Information Institute (Triple-I)....
December 6, 2023
COLUMBUS, Ohio--(BUSINESS WIRE)--Dec 6, 2023--
October 31, 2023
MALVERN, Pa., October 31, 2023--14% of U.S. drivers operated a private-passenger vehicle without liability insurance in 2022, according to the Insurance Research Council.
October 31, 2023
About one in seven U.S. drivers (14.0 percent) operated a private-passenger vehicle without liability insurance in 2022, according to an estimate contained in a new report released today by the Insurance Research
September 29, 2023
NEW YORK--(BUSINESS WIRE)--U.S. personal and commercial auto insurer liability claim payouts combined were $96 billion to $105 billion higher between 2013 and 2
July 19, 2023
NEW YORK--(BUSINESS WIRE)--Jul 19, 2023--
November 30, 2022
/PRNewswire/ -- More U.S. drivers are open to opting into usage-based insurance (UBI) programs to save on their auto insurance premiums, yet more widespread...