Heavy rains prompted the National Weather Service to issue flood watches and warnings across the western Pennsylvania area as high waters caused damage from the South Hills to Fayette County and spots in between.
Fourseventy Claims, a leading independent adjustment firm and third-party administrator, today announced a new collaboration with Spex Technologies, a premier insurtech platform provider that delivers better claims processing, property inspections and reporting.
Tropical rains surging onto the Texas coast from the Gulf of Mexico have triggered severe flooding in several areas. Early Wednesday, the National Weather Service issued a flash flood emergency in the far southern part of the state, over the Rio Grande Valley, including Harlingen and Weslaco, through 1:30 p.m.
Last month, a group of 10 families filed an action against the European Union at the European General Court, the EU’s second highest court. All claim to have suffered loss from climate change. Specifically, they argue that greenhouse gas (GHG) emissions from the EU have violated their fundamental rights to health, occupation, property and equal treatment.
The insurance industry has been adopting technology at an inspiring rate: Artificial intelligence, machine learning and blockchain enable simpler and faster quotes, more intelligent claims and a friendlier customer experience.
Prevention. In the insurance world, taking preventative measures against exposures is key to the business, but some threats are just not preventable — one of them being cyber.
The recent uptick in hail falling with thunderstorms through the area has caused damage to hundreds of homes in the area, according to local insurance agents and contractors.
In the hopes of reducing the risks associated with teen distracted driving, the Allstate Drivewise app is aimed at keeping focus on the road. The fatal crash risks among adolescent drivers are significantly higher than they are among adult motorists.
Warren Buffett’s caution about underwriting cyber-insurance put the spotlight on one of the big challenges facing carriers today — how to address a slew of new insurance risks.
Hundreds of thousands of homes along U.S. coasts are at risk of devastating coastal flooding over the next 30 years as climate change causes oceans to rise, according to a new study.
Small insurers or mutuals may decide to partner with independent adjusting (IA) firms as a way of providing them with flexibility on costs and full-time staff.
Beverly Hills Radiologist Ronald Grusd and two of his corporations, California Imaging Network Medical Group and Willows Consulting Company, were sentenced in federal court today after a jury trial in December resulted in convictions on 39 felony fraud counts.
Parametric insurance could become more mainstream in the commercial sector and help clients address some of the limitations of traditional insurance — that’s according to a new report from Airmic in collaboration with Marsh and Swiss Re Corporate Solutions.
