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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.
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.
Steve Robles developed a municipal risk management program that covered 100,000 employees, 10 million residents and $44.6 billion budget.
Insurance industry news from Ryan Specialty, FM Global, Signal Restoration and more featured in weekly update.
AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.
Financial losses from these cybercrimes increased from $3.5 billion in 2019 to $12.5 billion in 2023.
AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.