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Report: Hybrid Vehicle Collision Claims Hit Record High in First Quarter
Claims for mild hybrid electric vehicles surged to record highs in North America, with year-over-year increases of 25% in the U.S. and 33% in Canada, a new report shows. Claims for MHEVs were up 5.69% in the U.S. and 5.28% … Source: Claims Journal
Read MoreReport: Hybrid Vehicle Collision Claims Hit Record High in First Quarter
Claims for mild hybrid electric vehicles surged to record highs in North America, with year-over-year increases of 25% in the U.S. and 33% in Canada, a new report shows. Claims for MHEVs were up 5.69% in the U.S. and 5.28% … Source: Claims Journal
Read MoreAdapting Claim Investigations for AI-Driven Fraud
Insurance fraud is not a new problem. What has changed is the ease with which a fraudulent claim can be made to look legitimate. Tools that once required technical skill are now free and can be used by anyone in … Source: Claims Journal
Read MoreAdapting Claim Investigations for AI-Driven Fraud
Insurance fraud is not a new problem. What has changed is the ease with which a fraudulent claim can be made to look legitimate. Tools that once required technical skill are now free and can be used by anyone in … Source: Claims Journal
Read MoreNCCI: Workers’ Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance. NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), the … Source: Claims Journal
Read MoreNCCI: Workers’ Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance. NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), the … Source: Claims Journal
Read MoreFlorida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent reports show. The Florida Surplus Lines Service … Source: Claims Journal
Read MoreFlorida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent reports show. The Florida Surplus Lines Service … Source: Claims Journal
Read MoreUS Forecaster Says El Niño Has 82% Chance of Developing by July
El Niño is likely to develop soon, with an 82% probability during May-July 2026, the U.S. Climate Prediction Center said on Thursday. El Niño is expected to continue through the Northern Hemisphere winter, with a 96% chance in December 2026-February … Source: Claims Journal
Read MoreUS Forecaster Says El Niño Has 82% Chance of Developing by July
El Niño is likely to develop soon, with an 82% probability during May-July 2026, the U.S. Climate Prediction Center said on Thursday. El Niño is expected to continue through the Northern Hemisphere winter, with a 96% chance in December 2026-February … Source: Claims Journal
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