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Only 18% of Floridians have flood insurance, according to the Insurance Information Institute.
The latest insurance industry personnel news from Everest Group, Cover Genius, Fusion Specialty and more.
If an association doesn't initiate inspections, they could be liable for negligence or criminal charges.
What was once pure science fiction is now fact as criminals are leveraging AI advances to swindle billions of dollars.
Insurance technology news from Gradient AI, INSTANDA, Origami Risk and more.
Once unthinkable liability issues arise from the blossoming space tourism industry.
Specialty insurers loom large on the list, driven by capacity demands for property coverage.
The deal is expected to close later this year, according to Marsh.
An Aon subsidiary claims Vesttoo pocketed millions of dollars in ill-gotten insurance premiums.
Although the NFIP is aiming to better align risk and premium, it also has to balance affordability into the equation.