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The case hinged on the innocent insured doctrine, which allows for recovery if a co-insured deliberately causes a loss.
The nationwide average cost for renters insurance is $180 annually, or about $15 per month.
AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.
More than 80,000 people have been displaced in southern Brazil following record-breaking floods.
Chubb Chairman and CEO Evan Greenberg delivered the Tuesday morning keynote at RIMS RISKWORLD in San Diego.
Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.
The Lone Star State also faced massive wildfires earlier this year after record-breaking losses in 2023.
Nearly half of personal auto insurance policyholders are shopping around for lower rates and better coverages.
Join us for this webcast as we explore how instant payments are already changing the member experience and the innovative instant and P2P payments solutions that are empowering credit unions to take their payments strategy to the next level.
CISOs confront significant personal civil and criminal liability in connection with their handling of breaches and associated disclosures.