Blockchain innovation is gradually taking hold in the insurance sector in an unprecedented way. Insurance giants and startups worldwide are attempting to use blockchain-based solutions to deal with operational inefficiencies of the insurance industry.
In 2017, there was a large house that was insured under a homeowners policy issued by the defendant to the plaintiff and his then-wife. A fire completely destroyed the house on May 16, 2017.
The US Government Accountability Office (GAO) – a nonpartisan government audit agency – has released a new report, which recommends that the Federal Emergency Management Agency (FEMA) reconsider the mandatory purchase requirements of the National Flood Insurance Program (NFIP).
Long-time readers will know of my almost decade-long campaign to rebrand the workers’ comp industry. I have long believed that people entering the workers’ compensation system for the first time focus on the wrong things as it relates to their case.
The cleanup — and the wait on insurance claims — continued Monday in some of the hardest hit neighborhoods by last week’s powerful tornado that tore through the Old Lincoln Highway corridor in Bensalem.
In Silversmith v State Farm Insurance Company, 2021 W.L. 2910240 (Fla. 4th DCA July 7, 2021), Florida’s Fourth District Court of Appeal ruled that policyholders may openly videotape an inspection by the insurance company appraiser, despite the state’s ‘two-party consent law.’
Lower-risk drivers should pay less for auto insurance, and premiums have closely tracked broader U.S. economic trends for decades, Triple-I told the U.S. Treasury Department’s Federal Insurance Office (FIO) this week.
The use of expert witnesses has become an integral and indispensable aspect of American litigation, and it is often the side with the best expert who wins the day.
At least 35 homes in the High Bar Harbor section of Long Beach Island were damaged and three people were injured when a suspected tornado hit the Jersey Shore town Thursday night during fierce storms that triggered a dozen tornado warnings, officials said.
Two destructive tornadoes tore through eastern Pennsylvania in just over an hour’s time Thursday night, ripping through a mobile home park, destroying buildings at an auto dealership and leaving those who witnessed the fast-moving storms in disbelief.
More insurtech startups were launched in the last two years than in the previous 10. The brightest minds are developing new ideas and forging new paths in the insurance industry, but the reality is that significant change is a little further down the line.
Two insurance companies for Remington Arms the firearm company going through bankruptcy offered millions to settle a lawsuit filed by nine families affected by the Sandy Hook Elementary School Shootings. <br /><br />
