Category Archives for News

California Insurers’ Inability to Price Risk Is Causing Headaches

California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change — and that limitation is a factor pushing US insurers out of the state. State Farm…

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…