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AXA SA's CEO also expects more claims to develop as geopolitical crises multiply.
The National Weather Service predicts 48-hour rain totals in some areas of Southern California could reach 8-14 inches.
An increase in both the frequency and severity of climate disasters has driven rising home insurance rates.
Climatologists say atmospheric rivers are becoming longer, wider and wetter. Increased flooding is the result.
"There are little, inexpensive things that can be done to set up the claim for better success down the road."
Navigating consumer pricing, embedded insurance, advanced driver assistance systems and autonomous vehicles.
Around 65% of P&C insurance companies play to increase staffing during the next 12 months.
Insurance technology news from Pie Insurance and more.
"Busy" is out. Impact and quality are in.
With insurance regulated at the state level, gubernatorial elections tend to bear more significance for the workers' compensation industry.