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Insurance industry news from Simplifaim, Holmes Murphy, IMA Financial Group and more is featured in this weekly update.
A faster rating approval process is among the reforms being sought.
As this type of litigation continues to evolve, insurance companies are keeping close tabs on the situation.
Tech-enabled risk mitigation improves insurance customer experiences. A recent panel talked about how to make it more mainstream.
Lawyer Mike Huddleston was involved in numerous insurance cases that resulted in landmark decisions.
The case hinged on the innocent insured doctrine, which allows for recovery if a co-insured deliberately causes a loss.
AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.
The 89 lawsuits against a corporate defendant in 2023 that resulted in a nuclear verdict of at least $10 million is the largest number of such cases in a single year since 2009.
Cannabis regulation is now top-of-mind in Washington, D.C. Pot reclassification could shake up its insurance outlook.
Allstate is the first major insurer to hint at resuming business in the state.