A storm that ripped through corn fields in America’s top growing state sent prices rallying. Whether gains will hold could depend on what scouts find at the Midwest crop tour starting Monday.
It’s one storm after another for the cyber insurance market. Five years ago, the biggest concern for cyber insurers was the protection and security of payment card industry (PCI) data.
The Demex Group, an insurtech focused on climate resilience, has announced that it has raised $4.2 million in seed funding from investors Anthemis and IA Capital Group.
Governor Andrew M. Cuomo today announced new action by the New York State Department of Financial Services to help expedite the payment of insurance claims for New Yorkers affected by Tropical Storm Isaias.
Insurance has a bad rap as a profession. We inside the industry try to combat the stigmas of our wonderfully nerdy and exciting realm of serving the personal needs of the world’s population. We help people. We are a people-orientated and focused industry. And we’ve done a pretty lousy job letting the world know what we offer and why we are important to their daily existence!
Far too often, subrogated auto insurance carriers fail to submit loss-of-use claims or simply waive loss-of-use damages for marginal value while negotiating a third-party auto-property settlement.
Tropical Storm Josephine formed in the Atlantic Ocean on Thursday, hitting the earliest benchmark of a J-named storm on record, another sign the Atlantic hurricane season is more active than usual, forecasters said.
Legal peer reviews — a service where you pay attorneys to analyze your organization’s legal work. Seems redundant, right? Well, that’s probably why a lot of workers’ comp programs don’t have them.
As it stands today, only eight states remain where marijuana is fully illegal. All others have either active medical or recreational marijuana programs.
By now, most P&C insurance providers are well aware of the customer experience and efficiency benefits of digitizing their customer-facing processes. Yet partially rather than fully digitized claims processes remain the norm for many carriers, who don’t necessarily draw a clear connection between digitizing and the company’s fundamental raison d’etre: turning a profit.
In flood-prone areas of the Hudson River valley in New York state, census areas with more white and affluent home owners tend to file a higher percentage of flood insurance claims than lower-income, minority residents, raising the issue of developing more nuanced, need-based federal flood insurance subsidies in these floodplains, according to a new study.
Pembridge Insurance Company of Canada has a duty to defend an insured who has liability coverage under a home insurance policy in a case in which the insured got out of his car and allegedly threatened another driver in a road rage incident.
Legislation from State Sen. Bill Dodd, D-Napa, that would streamline residential insurance claims for victims of disasters such as wildfires cleared a key committee today.
