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"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.
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.
Insurance industry news from Ryan Specialty, FM Global, Signal Restoration and more featured in weekly update.
There have been at least 20 crashes involving vehicles that had Autopilot issues addressed, according to the NHTSA.
AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.
Chubb Chairman and CEO Evan Greenberg delivered the Tuesday morning keynote at RIMS RISKWORLD in San Diego.
AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.
The Lone Star State also faced massive wildfires earlier this year after record-breaking losses in 2023.