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1 week ago |
propertycasualty360.com | Elana Ashanti Jefferson
People in the U.S. sure love pickup trucks. We bought about 12.9 million of them in 2024, which represented nearly a 4% increase over the previous year, Statista reports. However, pickup-truck enthusiasm may be waning, as top automakers begin to report a slight dip in sales, according to MarketWatch.
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3 weeks ago |
propertycasualty360.com | Elana Ashanti Jefferson
The Trans Canada Keystone Pipeline System, seen here in Swanton, Neb., transports synthetic crude oil and diluted bitumen from the Athabasca oil sands region in northeastern Alberta, Canada to multiple destinations in the United States. There are millions of miles of pipelines globally that transport crude and refined petroleum; fuels such as oil, natural gas and biofuels; and other fluids including sewage, slurry, water, beer, hot water or steam.
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3 weeks ago |
propertycasualty360.com | Elana Ashanti Jefferson
Four years ago, Chuck Chamness stepped away from his 18-year tenure as president and CEO of the National Association of Mutual Insurance Companies.
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1 month ago |
propertycasualty360.com | Elana Ashanti Jefferson
U.S. Department of the Treasury in Washington, D.C. Photo: Diego M. Radzinschi/ALM Two national insurance trade organizations recently doubled down on their support of the Federal Insurance Office Elimination Act, a bill that proposes eliminating the Federal Insurance Office (FIO), an agency within the U.S. Treasury Department, and unseating the FIO director in order to fully place insurance regulatory oversight with the states.
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1 month ago |
propertycasualty360.com | Elana Ashanti Jefferson
Keynova Group: Incorporating mobile device capabilities into policyholder and prospect actions makes it easier and quicker for users to complete tasks. (Credit: Adobe Stock) Among the top P&C insurance carriers in the U.S., two stand out for mobile-app and mobile-web customer engagement, according to the Q1 2025 Mobile Insurance Scorecard conducted by the digital financial services intelligence firm Keynova Group.
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1 month ago |
propertycasualty360.com | Elana Ashanti Jefferson
Here’s something you can set your watch to after a major storm or fire: Warnings from local officials about the prevalence of predatory contractors. “Residents must also beware of post-storm fraud and bad actors looking to make a quick buck,” Florida Rep. Jimmy Patronis said in a recent press release after a weather event in the Sunshine State. “Following storms, DO NOT SIGN ANYTHING. Your first call should be to your insurance company or to my office.
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1 month ago |
propertycasualty360.com | Elana Ashanti Jefferson
The National Oceanic and Atmospheric Administration's National Centers for Environmental Information recently revised its cost analyses of 2024’s major weather disasters. The agency determined that 2024 was the second costliest year on record for climate catastrophes, with 27 events that caused at least $1 billion in damages. (The year prior has the dubious honor of logging the most billion-dollar-plus disasters at 28.) Your access to unlimited PropertyCasualty360 content isn’t changing.
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1 month ago |
propertycasualty360.com | Elana Ashanti Jefferson
The delicate insurance regulatory environment in Florida could make premium increases a political hot potato. (Christos Georghiou/Adobe Stock) Despite insurance market improvements in Florida in the wake of successful legislative efforts focused on curbing costly coverage lawsuits, the roughly 850,000 policyholders served by Citizens Property Insurance Corp., the state’s carrier of last resort, can expect rate increases from 1% to 6.6% or more, according to WWSB, the ABC affiliate in Sarasota.
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1 month ago |
propertycasualty360.com | Elana Ashanti Jefferson
Wearing green or finding a shamrock may not be enough good fortune to avoid an auto accident on St. Patrick’s Day, which is among the busiest days of the year in the U.S. for impaired driving arrests, accidents and fatalities. That’s all drivers really need to know to understand the chief piece of advice from traffic safety officials during the week running up to and the day immediately after the St. Patrick’s Day holiday: If you drink, don’t drive.
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2 months ago |
propertycasualty360.com | Elana Ashanti Jefferson
There are definitive steps today’s drivers can take to stay safe on the roads. Avoiding distractions such as eating or grooming behind the wheel and driving within the posted speed limit are two such steps that go a long way toward deterring auto accidents. But there also are factors that individual drivers may not be able to control, such as the conditions of the roads in their area or access to auto-repair shops. Your access to unlimited PropertyCasualty360 content isn’t changing.