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Homesite Insurance paid the homeowners $691,305.12 under the terms of their insurance policy, according to the complaint.
Insurance industry news from MassMutual, Swiss Re, MS Amlin and more featured in weekly update.
A hygiene kit assembly station will be set up during RISKWORLD on May 6 and 7, and all attendees are invited to participate.
Insurance technology news from Mulberri, Matic, Struction Solutions and more.
The latest insurance industry personnel news from WTW, Aon plc, Optio Group and more.
Several years of data has emerged showing risk and loss patterns, making marijuana business policies easier to price competitively.
The results underscore the industry's ongoing hard market conditions.
Fewer than half of industry execs consider their companies 'advanced' in the main areas of business evolution.
This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
The convenience and affordability of motorized scooters, mopeds and e-bikes also comes with a price in the form of injuries, sometimes fatal.
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