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Insights From the 2024 Survey of General Insurance Reserving Practices in Australia
17 Feb 2025 05:48 GMT
… benefit both practitioners and policyholders; and
support the GIPC … various reserving methods across broader insurance classes (Figure 1).
… with the level of automation and efficiency in the … clear desire for more automated, flexible and integrated reserving …
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Why California keeps burning: How misguided insurance policies fuel wildfire risk
16 Feb 2025 14:01 GMT
… , and safety protocols and induced policyholders to accept their standards or … sponsored by a consortium of automobile insurers. Guided by the IIHS, consumers … .
Recent changes to California’s insurance regulatory regime do not adequately …
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What is a car insurance premium, and how is it calculated?
16 Feb 2025 10:51 GMT
… or if their cars are stolen. Car insurance isn’t just … less overall. Insurance providers often give discounts to policyholders who pay … vehicle.
Up Next One of the biggest factors affecting your car insurance … your premium because your insurer will have to pay …
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‘People are paying too much’: Coalition could break up big insurance companies, Dutton says
16 Feb 2025 02:51 GMT
… up insurance companies found to be gouging policyholders and … t afford to insure their car or their home … insurance market, with about 30 insurers offering home and motor vehicle cover.
“Insurance … by abolishing state insurance taxes.
“Insurance customers need …
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Beneva's CEO talks sustainability, from boardroom to basement
17 Feb 2025 17:16 GMT
… and the role of insurers in building resilience.
… processes, especially in car and property insurance.
This involves engaging … technologies, such as electric vehicles (EVs) and solar panels … . Business owners and policyholders are increasingly concerned about …
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Florida's property insurance market shows signs of stabilization
15 Feb 2025 02:04 GMT
… of Florida's property insurance market. The statement, attributed to … of premium decreases for many policyholders, particularly in South Florida, indicates … trade association representing home, auto, and business insurers. It advocates for private …
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Over $7 billion has been paid out in insurance claims due to LA fires
14 Feb 2025 23:43 GMT
… been paid out to policyholders for residential and commercial … been paid out to policyholders for auto insurance claims related to the … and speculation surrounding our insurance market after the Southern … estimated $75 billion in insured losses due to the …
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AI in the Insurance Industry: Balancing Innovation and Governance in 2025
14 Feb 2025 23:07 GMT
… Association of Insurance Commissioners (NAIC), among the insurers that responded … draft correspondence to policyholders.
However, as more insurers adopt AI and … insurance carriers. The Working Group has already published auto, home, and life insurers …
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Minister Urges Insurance Industry To Support Storm Éowyn Victims
14 Feb 2025 15:28 GMT
… with the Association of British Insurers, Minister O'Dowd … provide assistance and support to policyholders who experienced damage as … and businesses and the insurance industry must back customers … a report that three vehicles parked at a garage …
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AFCA orders car payout, compo after rejecting fraud accusation
14 Feb 2025 06:47 GMT
… policyholder has been awarded a full payout for her stolen car … police, but the car was not found.
Insurer IAG said the … claim, and noted the vehicle was insured for $30,800, which … deterrent”.
The car owner rejected the insurer’s allegations, saying she …