After getting off to a relatively quiet start, tornado season in the United States is picking up steam, with experts predicting that conditions are ripe for a supercharged storm season.
Blockchain is often associated with Bitcoin (see footnotes below for links to articles on Bitcoin). Bitcoin is a new form of digital currency. Think of it like PayPal, except you don’t have to feed the account, dollars or pounds or pesos. The backbone of the system is a software platform called blockchain.
The threat of a cyber-attack is far more dangerous now than it has been in the past, yet knowledge of the threat prevention systems necessary to protect oneself remain widely unknown.
The owner of a Greensburg rental property damaged by a fire Friday afternoon said he is awaiting an insurance adjuster’s report to determine his next step.
The pace of digital transformation is accelerating in many industries due to COVID-19, and nowhere is this more evident than in automotive insurance. At the start of the pandemic, carriers and collision repairers had to find new ways to minimize in-person interaction between employees and customers.
Homeowners worried they’ll have to foot most of the cost to replace their roofs if they get damaged should be able to relax for at least another year — unless they need to find a new insurer.
A massive fireworks explosion that left two people dead in Southern California earlier this week caused at least $3.2 million worth of damage, officials said Friday.
Over the past decade, technology’s impact on the claims side of the P&C industry has been extraordinary. Today, insureds submit high-definition video and audio files and images to support their claims.