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An increase in natural disasters means insurers are seeing a surge in traumatized customers who must be handled with compassion and care.
The storms left five dead and a trail of damage from New Mexico to Minnesota.
Garner advice for selecting insurtech partners and learn how digital tools can streamline underwriting.
The judge said the Court cannot deviate from previous rulings without rewriting the insurance policy.
The ruling further muddies the water in Florida, which has seen courts find coverage for deteriorating cast-iron pipes.
The case also showed the importance of timing when dealing with claims involving conflicting and shifting regulations.
A great insurance-customer experience helps build business value while a poor one erodes it, according to Watermark Consulting.
In addition to exacerbating drought conditions in California, the weather pattern could further strain global energy and food supplies.
Agents are in a unique position to effectively educate and prepare customers for future risks that insurance could cover.
The insurance industry needs cooperation to solve the costly inefficiency and vulnerability of credential management.
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