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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 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
Read MoreUS Farmers Dial Crop Adjusters as Wild Weather Hammers Wheat
From drought to ping-pong size hail and unseasonable warmth, weather extremes have wheat farmers reaching for their phones to ring their insurance adjusters to assess the viability of their crops. Oklahoma farmer Dennis Schoenhals made the call a few weeks … Source: Claims Journal
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