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Insurers to face millions in losses following severe storms in Texas – report
[ad_1] Nearly 1,500 reports of severe storms were recorded between April 2 and 7 [ad_2] Source link
What’s the most affordable EV to insure in 2025? Mercury Insurance bares list
[ad_1] According to the company, Chevrolet leads the rankings, with the Blazer EV and Equinox EV named the most affordable models to insure. They are followed by the Nissan Leaf, Kia Niro EV, Ford F-150 Lightning, Hyundai Kona EV, MINI Cooper SE, Hyundai IONIQ EV, Fiat 500e, and the Subaru Solterra/Toyota BZ4X. [ad_2] Source link
Allstate knocks it out of the park with profits
[ad_1] Huge profits for some, not so great for others in new report [ad_2] Source link
Why are some policyholders opting not to file claims?
[ad_1] “As carriers evaluate their core systems and digital infrastructure this year, the priority must be reducing friction where it matters most,” said Sylvester Mathis, chief insurance and chief revenue officer at Insurity. “A clunky or disconnected claims process frustrates customers and risks sending them elsewhere. When someone avoids filing a claim, despite having coverage,…
Zurich loses bid to block Rhode Island law in bad faith claim over NYC property
[ad_1] Zurich was represented by Mound Cotton Wollan & Greengrass LLP, with Philip C. Silverberg as counsel. Providence Capital LLC and Sherle Wagner International LLC were represented by Kevin Schlosser of Meyer, Suozzi, English & Klein, P.C., and Daniel M. Rabinovitz of Murphy & King, P.C., admitted pro hac vice. [ad_2] Source link
Revealed – APCIA shares advice to residents affected by severe weather events
[ad_1] Jon Ward, APCIA’s department vice president of public affairs, emphasized the industry’s commitment to assisting policyholders, stating, “When disaster strikes, insurers’ overwhelming priority is to help their customers rebuild and restore their property.” [ad_2] Source link