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The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.
State Farm currently holds around 8.7% of all home insurance policies in California.
Cybercriminals use emotional manipulation to overcome vishing victims' common sense and cybersecurity training.
Policyholders can take steps to prevent their policy premiums from climbing due to preventable claims.
The climate strategy was developed under the coordination of the NAIC's Climate and Resiliency Task Force.
Insurance technology news from The Black Car Fund with CLARA Analytics technology.
Eight property and casualty insurers have recently been approved to enter the Florida market.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.
Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.