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With fewer than 5% of small businesses carrying flood insurance, FloodFlash has launched a new coverage option that can pay catastrophic flood claims in just hours after a flood event.
The plan would allow insurers to direct more than £100 billion in investment into infrastructure and green energy, according to the Association of British Insurers.
The complaint alleges the companies violated California consumer protection laws, including the state's unfair competition law and false advertising law.
A judge has allowed Washington Attorney General Bob Ferguson's office to continue an investigation into whether PEMCO and Progressive's use of credit scores in rating is discriminatory.
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