A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC — strikes, riots and civil commotion
What Is zero depreciation in car insurance?
Car owners are advised to drive responsibly to save on insurance premiums and claim settlements. The concept of zero depreciation insurance ensures full invoice value payment during claims. This add-o
California Insurance Commissioner Unveils Intervenor Reform Regulations
California Insurance Commissioner Ricardo Lara is pushing a change to the state’s long-standing intervenor regulations, which enable groups to intervene in rate hearings. Lara on Friday released
Types of car insurance plans you should know about
India mandates third-party insurance (Motor Vehicles Act 1988). IRDAI sets premiums. Types: third-party liability, Own Damage, and Comprehensive insurance with extensive coverage including INR 15 lakh
Local Regulators Deny Rezoning Request for Pennsylvania Data Center Development
A county commission in Pennsylvania on Tuesday denied a request by Talen Energy to rezone hundreds of acres of land for the development of data centers, marking the latest example of local pushback ha
Insured Declared Value in motor insurance cover: How is it calculated, is lower IDV better?
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the seventh part of this series, ET Wealth explains the mean
How to get a duplicate copy of your car insurance documents
The article emphasized the necessity and details of vehicle insurance, urging car owners to keep their policy documents secure. It covered the government’s requirement for third-party liability insura
The Hanover Reports 18% Growth in Q4 Net Income
Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer̵
California Accelerates Work on EV Rules, Tax Credits That Trump Opposes
California officials are meeting Detroit automakers this week to discuss the next phase of greenhouse gas regulations for cars and trucks, the state’s top air regulator said. California is fight
The impact of car insurance on your car resale value
Car insurance significantly impacts the resale value of used cars. Factors such as Insured Declared Value (IDV), depreciation, claims history, and the type of insurance policy play crucial roles. Comp