China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric cars on its roads, …
Premiums Will Skyrocket by 2035, and Discounts Not Enough for Wind Mitigation, Studies Say
Home fortifications, from roof tie-downs to window protections, have been recognized as key factors in reducing losses, claims and premiums in hurricane-prone states like Florida.