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Hurricane Ian caused more than $112 billion in damage, making it the costliest hurricane to ever hit Florida.
The latest insurance industry personnel news from Brokerslink, Leif Assurance, BMS Re and more.
62% of drivers think usage-based policies are fair, but some have reservations over data privacy.
Midsized and compact cars supplanted pickups as the most targeted vehicles.
Tech support and connected ecosystems may draw in more tenants and reduce burden on maintenance crews.
"Profitability in the U.S. homeowners' insurance sector has been weak in recent years."
Lawyer Mike Huddleston was involved in numerous insurance cases that resulted in landmark decisions.
IoT devices in the workplace increase cyber risks, making it easier for threat actors to access secured systems.
The case hinged on the innocent insured doctrine, which allows for recovery if a co-insured deliberately causes a loss.
The nationwide average cost for renters insurance is $180 annually, or about $15 per month.