Homesite Insurance paid the homeowners $691,305.12 under the terms of their insurance policy, according to the complaint.
Market Insights
Agency contingency performance trends for 2024
Carriers are still making the adjustments they need to fix their loss and combined ratios from the previous two years.
Join this complimentary webcast for an insightful discussion on the critical bottlenecks of CAT claim management.
Insurance industry news from MassMutual, Swiss Re, MS Amlin and more featured in weekly update.
State Farm and Whisker Labs report almost 10,000 homes have been saved from fire hazards using Ting.
The average coverage gap was 350%, meaning more than three-quarters of the cyberattack was not covered.
AI-based monitoring programs may prevent or mitigate the losses facing cyber insurers and policyholders in the coming years.
A hygiene kit assembly station will be set up during RISKWORLD on May 6 and 7, and all attendees are invited to participate.
The volume of insurance-carrier lawsuits is down in the Sunshine State.
The deadline to nominate is Wednesday, May 1, 2024.
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