Jim Sams, Author at Carrier Management

Insurers Say Bad Driving, Inflation Among Factors Pushing Increase in Auto Loss Ratios

Auto insurers in the U.S. are coping with the largest direct loss ratio in 20 years because of factors that include historic inflation, a deterioration in driving ...

NCCI: Almost One-Quarter of COVID Claimants Suffer Prolonged Symptoms

Nearly a quarter of workers compensation claimants who were treated for COVID-19 experienced persistent symptoms or a relapse months later, according to a new study by the National Council on ...

Broken Infrastructure, Scattered Wreckage, Alligators Greet Claims Teams

Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cellphone towers and even an occasional alligator. Sedgwick ...

Vermont High Court: COVID Virus, Like Cat Urine, Can Cause Physical Loss

Citing decisions that found insurance coverage was owed for contamination caused by cat urine and gasoline vapors, the Vermont Supreme Court broke from courts across the nation and found that ...

Fire a Growing Risk to Shipping Because of Lithium-Ion Batteries, Allianz Says

Fire has always been a peril for shipping, but the advent of lithium-ion batteries has elevated the risk to the point that it now is the most expensive cause of loss for the industry, according to a ...

Calif. Emission-Free Mandate Presents New Risks for Auto Insurers

A state mandate in California that will require all cars sold after 2035 to be emission free presents a formidable challenge for auto insurers to properly price and fully understand the risks ...

COVID Impacts Linger in Courtrooms, Often a Disadvantage for Defendants

Courts have reopened and trials have resumed, but the impacts of COVID-19 continue to linger in the judicial system, a panel of claims litigation experts said during the Combined Claims Conference on ...

S.C. Joins 3 Other State Supreme Courts, Rules No Coverage for COVID-19 Shutdown

The South Carolina Supreme Court on Wednesday became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a ...

Opposing Stories from Insurers, Consumer Groups On Smoke Damage

Insurers and consumer advocates are conveying conflicting messages as both try to focus public attention on smoke damage claims. Mercury Insurance issued a press release Friday warning that an ...

Calif. Court Breaks String of COVID Biz Interruption Case Wins For Insurers

A California appellate court broke from its sister jurisdictions—as well as state and federal courts across the nation—and ruled that a hotel owner's lawsuit seeking coverage for a COVID-19 ...

Company	Symbol	Close	1 Day Chg
Lemonade, Inc.	LMND	$40.14	+16.99%
Root, Inc.	ROOT	$101.07	+5.84%
Trupanion, Inc.	TRUP	$52.96	+4.44%
Kingstone Companies, Inc.	KINS	$13.29	+3.46%
Hippo Holdings Inc.	HIPO	$29.10	+1.96%

Company	Symbol	Close	1 Day Chg
ProAssurance Corporation	PRA	$16.24	-2.58%
Markel Group Inc.	MKL	$1,670.33	-2.11%
The Allstate Corporation	ALL	$196.60	-1.69%
American International Group, Inc.	AIG	$75.30	-1.32%
Marsh & McLennan Companies, Inc.	MMC	$220.73	-1.31%

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