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Large payouts against corporate defendants are up 273% over the last decade, Chubb reports.
The cyberattack may have affected 'a substantial proportion of people in America.'
Insurance industry news from Patra, Insurity, Beazley Security and more is featured in this weekly update.
'If a fire were to start now that involved one of our power lines, it would likely bankrupt the utility.'
PwC said the recent economic environment has generally been favorable for the insurance industry.
The toolkit aims to provide solutions that independent agents can implement immediately to harness the power of AI.
Only Louisiana, Pennsylvania, Delaware and New York logged prescription-price increases over WCRI's study period.
Amazon cited a growing trend among attorneys to corner niche markets by suing specific corporations.
Insurance technology news from Cytora, ZestyAI, Columbia Insurance Group and more.
Hundreds of thousands of Floridians are still waiting to see their rates go down two years after tort reform.