Sentences with phrase «claims frequencies rise»

This is just how insurance works: as claims frequencies rise due to distracted driving claims, insurance companies may respond by increasing car insurance rates and creating new underwriting rules to compensate for the additional losses paid.

Not exact matches

The report says rising sea levels and the increasing frequency and intensity of extreme weather events such as typhoons and floods — all the result of global warming — are claiming lives, destroying or damaging homes and infrastructure, reducing crop yields, and ruining employment prospects.

It's like claiming a pendulum with a 1 minute frequency will keep rising forever because you are only looking at the first 2 seconds of the rise.

The frequency and intensity of forest fires in the region have been increasing along with rising temperatures.5, 7,13 An average of around 9.9 million acres (4 million hectares) of boreal forest burned annually in Russia from 1975 to 2005 — and that rate more than doubled in the 1990s.15 One of West Siberia's largest forest fires on record occurred in 2003, claiming some 47 million acres (20 million hectares) of land7, 15 and emitting heat - trapping emissions equal to the total cuts in emissions the European Union pledged under the Kyoto Protocol.2, 7,16 Higher temperatures and thawing permafrost are probably contributing to the rising frequency and severity of forest fires in West Siberia.5, 7,14

However, car insurance does come in very handy (the average driver gets in a handful of collisions over his or her lifetime, and the frequency of claims is continuing to rise), protecting drivers from potentially financially devastating events.

The cost and frequency of auto insurance claims are rising.

Risk Factor # 3: During times of economic down turn, the frequency of EPL claims rises and employees are seeking higher damage awards.