Even before the first wisp of legalized recreational marijuana smoke hit the air nearly five years ago, there were many questions regarding what ramifications this drug would have on the insurance industry.
As the Federal Aviation Administration (FAA) continues to take steps to ease restrictions on commercial drone use, State Farm, Erie, Travelers and Amazon have become the most recent household names permitted to test unmanned aerial vehicles (UAV) or unmanned aircraft systems (UAS).
In a quiet catastrophe season, the insurance industry should stress to policyholders the importance of preparing their homes for natural disasters and becoming both physically and financially ready for whatever Mother Nature has in store. Additionally, insurers can use these mild years to build up capital reserves so they can...
It's time for Alabama to do the same. According to data from National Oceanic and Atmospheric Administration, the Southeast has experienced more billion-dollar disasters in the past 30 years than the rest of the country combined.
The popularity of commercial ridesharing, which connects drivers and riders for a fare via smartphone app, has skyrocketed in recent years. Transportation network companies (TNCs) like Uber and Lyft have not only disrupted the taxi's traditional drive-for-hire business model, but also have presented challenges for policymakers and insurers with a...
Several high-profile natural disasterstornadoes in Oklahoma, flooding in the Southeast and Midwest, and wildfires in Coloradokept catastrophe issues on the radar for many lawmakers this session.