Across industries, digital transformation and cloud migration are forces to be reckoned with. Insurance is no exception. As an industry accustomed to operating on legacy technology, insurers should approach the cloud migration process judiciously.
With FEMA set to make changes to the NFIP, a Miami-based lawyer is warning that a sudden and sharp increase in insurance premiums could financially ruin all of South Florida even before a flood hits.
Insurance technology firm Trōv has launched its first on-demand insurance policy in the United States, offering coverage for single items in the state of Arizona. The company has plans for additional US roll-out later in the year.
Wearable devices (those worn by consumers as accessories or implants), have been of interest to more than a handful of industries in recent years. The opportunities and possible uses so far seem positive and limitless.
Florida Property & Casualty Association, an association of Florida-based home insurers, is disputing claims made by Weiss Ratings, including that, "Many Florida homeowners are still waiting for their insurance claims to come through after a severe hurricane season last year."
Fire bosses now say the Spring Fire has burned an estimated 60,710 acres and containment has been downgraded from 10 percent to 5 percent due to new growth from the fire.<br /><br /><br />
GEICO expects supplements given its estimates are only based upon the exterior of a vehicle, an adjuster supervisor told a Missouri small-claims court last week.
Shiny new pickups are sitting on concrete blocks at the Patriot GMC Hyundai dealership while Bartlesville police investigate the theft of 76 wheels and tires taken from the vehicles at the business over the weekend.
Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado.
Keith Ness was remarkably pragmatic for someone whose place of employment suffered millions of dollars in losses from Friday’s hail storm. “It’s Mother Nature. You can’t do nothing about it,” said Ness, as he and other Jack’s Campers employees assessed extensive damage to about 500 travel trailers and motorhomes on Jack’s soggy lot Saturday morning.
Authorities say they anticipate a monthslong cleanup effort following historic flooding in Des Moines, Iowa, CBS affiliate KCCI-TV reports. A series of thunderstorms slammed the Des Moines metro area Saturday evening.
Pushed by erratic winds, the Spring Creek wildfire consumed an additional 10,000 acres Thursday night and early Friday, more than tripling in size, consuming buildings and racing in three different directions in rough, mountainous terrain.
With summer officially upon us, Americans are flocking to the great outdoors. Campgrounds are filled with the warm buzz of families and friends enjoying the best nature has to offer, and outdoor enthusiasts are enjoying their favorite sporting pursuits like hunting, fishing and shooting.
Federal prosecutors unsealed indictments on Wednesday charging eight people — sober home and drug treatment owners, employees and a doctor — with health care fraud and money laundering in two of the highest profile investigations in the crackdown on corruption in South Florida’s drug treatment industry.
