Critics of U.S. auto insurer pricing practices worry rating factors like credit-based insurance scores and policyholder addresses discriminate against lower-income and minority drivers.Triple-I explains how a diverse range of factors ensures that the opposite is true. Without them, lower-risk policyholders would often pay more than they should and riskier people would pay less. FIO letter
After a disaster, you want to get back to normal as soon as possible, and your insurance company wants that too! You may get multiple checks from your insurer as you make temporary repairs, permanent repairs and replace damaged belongings. Here's what you need to know about claims payments.
Over the past five years, wildfires have burned millions of acres in California, destroyed entire towns, wiped out well over 10,000 homes, killed scores of residents, and blanketed the state with unhealthy air. Despite this, one insurance industry leader argues that the state government isn’t taking the risks seriously enough.
DIRECT PREMIUMS- Property/casualty premiums collected by the insurer from policyholders, before reinsurance premiums are deducted. Insurers share some direct premiums and the risk involved with their reinsurers.
OCCUPATIONAL DISEASE- Abnormal condition or illness caused by factors associated with the workplace. Like occupational injuries, this is covered by workers compensation policies. (See Workers compensation) )See Full Glossary
For immediate release New York Press Office: Michael Barry, 917-923-8245, email@example.com NEW YORK, July 29, 2021—Lower risk drivers should pay less for auto insurance and its cost has closely tracked broader U.S. Read More
For immediate release New York Press Office: Michael Barry, 917-923-8245, firstname.lastname@example.org NEW YORK, July 20, 2021—Having Americans purchase the right amount and type of insurance coverage is essential if they are to recover quickly from natural catastrophes, a panel which included … Read More