In an industry thats been labeled as technologically conservative, if not downright technophobic, a competitive edge is well within reach for insurance carriers that are willing to embrace a new generation of tech tools.
A passenger jet operated by Middle Eastern budget carrier FlyDubai broke apart while trying to land in high winds in the southern Russian city of Rostov-on-Don Saturday morning, killing all 62 people on board.
Legislators appear eager to get to work on extending and reforming the National Flood Insurance Program, which expires in 2017. The P&C industry is prepared and willing to get involved, but can it work?
H.R. 2901 may not lead to an immediate flow of policies to the private market, but the bipartisan, industry-supported bill would let insurers experiment.