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Insurance technology news from Send Technology Solutions, Trean Insurance Group, Bond-Pro, and more.
The convenience and affordability of motorized scooters, mopeds and e-bikes also comes with a price in the form of injuries, sometimes fatal.
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
A law firm initially proposed a $100,000 settlement and alleges the insurer concealed a $500,000 death-claim limit.
High winds from these storms reportedly cut power to more than 250,000 customers across the south on Wednesday.
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
Insurance companies are in a unique and powerful position to influence behaviors.
The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.
A single training session and advanced software are not enough to maintain robust cybersecurity.
Cybercriminals use emotional manipulation to overcome vishing victims' common sense and cybersecurity training.