Category Archives for News

Increased Auto Insurance Premiums Likely as Lines Face Pricing Pressures Head On

Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road Ahead, by the American Property Casualty Insurance Association…

IN-DEPTH: Patchwork of State Laws Not Stopping Catalytic Converter Thefts, Say Industry Leaders

Scrap metal industry heads say the United States needs a universal solution to the theft of catalytic converters because a patchwork of laws is allowing the black market to continue to exist. Institute of Scrap…

Insurer Group Reacts to California Department of Insurance Musing on Cat Modeling

Insurer groups may be seeing the light at the end of the tunnel with a hint of a possible change in a regulator’s attitude toward the use of catastrophe modeling in the California market for…