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Hail can fall up to 100 mph and ranges from the size of a pea to a grapefruit, causing varying degrees of destruction.
This week, we revisit a conversation with Todd Shasha of Travelers about how boat owners can protect their vessels from catastrophic weather events.
Study shows more Americans renting out of necessity.
Under Hawaii law, insurance-policy customers must be "made whole" before insurers can demand reimbursement.
Insurers can use AI and machine learning to detect the likelihood of a large verdict, this technologist argues.
Ninety-nine percent of insurers are investing in GenAI to cut costs and increase revenue, EY-Parthenon reports.
The complex's insurance limits were made up of a primary policy of $1 million and two excess policies of $5 million each, according to the plaintiff counsel.
Industries that experienced the highest number of compromises include financial services and health care.
Study shows 22.4 million households spend more than 30% of their income on rent and utilities.
Outdated systems continue to hinder insurer innovation, operational efficiency and customer satisfaction.