Atos and CNA Financial Corp. have teamed up to create what the companies intend to be Atos and CNA Financial Corp. have teamed up to create what the companies intend to be "an industry-leading service model." (Fotolia)

Swiss Re announced today a partnership with homeowners' insurer Security First, which will enable Florida residents to include water damage (including flood coverage) in their homeowners' policy. Swiss Re's model relies on technology to generate a premium based on individual characteristics such as the location of the structure, construction type, insured value, etc., rather than relying on less accurate ratings tables.

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