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Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.
Some insurers incentivize policyholders with discounts to use water monitoring devices, decreasing losses from water damage claims.
With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.
Among the lawsuits is a civil RICO action over allegations that the insurer and 10 other carriers have operated as a 'cartel.'
This trend subverts the judiciary's truth-finding mandate and promotes the courts as an investment opportunity.
Many insurers aren't yet equipped to integrate multiple technology partners into the claims process.
The Watch Register calls for one centralized, global database for lost or stolen luxury watches to reunite more owners with their timepieces.
Insurance technology news from Family Guardian Insurance Company, ZestyAI, NFP and more.
Honda is cooperating with the NHTSA for the second time since 2022 to investigate issues with its emergency braking system.
The claim was initially denied because a policy provision excluded coverage for related claims.