Hurricane Helene's devastating impact on western North Carolina has revealed a significant gap in flood insurance coverage, highlighting a financial vulnerability that few anticipated. Before the hurricane struck, homeowners in this region, particularly those in the mountainous areas, predominantly
California's recent legal developments regarding the FAIR Plan insurance scheme paint a picture of cautious optimism among homeowners seeking protection against wildfires. Originating from a lawsuit filed in 2021 by Jay Aliff, the case has brought significant attention to the challenges homeowners
Flooding poses an increasing threat across the United States, amplified by climate change-induced weather patterns. Despite the widespread risk faced by homeowners, a staggering reality emerges: merely 4% of homeowners are covered by flood insurance, as noted by the Federal Emergency Management
With cyber threats evolving at an unprecedented pace, companies find themselves constantly battling to stay ahead in an increasingly digital world. The frequency and complexity of cyber-attacks have escalated, necessitating the development of robust, proactive risk management strategies. Markel's
Florida’s Fourth District Court of Appeal has delivered a ruling that adds clarity to the contentious area of personal injury protection (PIP) reimbursements in auto insurance policies. At the center of this legal examination is the interpretation and application of Medicare rate limits,
In an era characterized by rapid digital advancement, identity fraud stands as an increasingly formidable threat to individual privacy and financial security. The evolution of technology has not only opened doors to numerous opportunities but has also unwittingly paved the way for sophisticated
Simon Glairy is a recognized authority in insurance and Insurtech, particularly in risk management and the use of AI-driven risk assessment. With TBC Uzbekistan's recent launch of a fully digital insurance product, he brings valuable insights into how digital innovations are reshaping financial
Vietnam is no stranger to digital transformation, with its online banking sector witnessing exponential growth and prompting discussions about what the future holds for digital insurance. The question resonates—how will innovation redefine this critical financial service in a rapidly evolving tech
With climate change intensifying natural disasters and exposing significant protection gaps, the insurance industry faces unprecedented challenges. These gaps, where actual losses surpass insured values, highlight the urgent need for innovative solutions. Industry leaders, like Aon CEO Greg Case,
In the complex landscape of insurance disputes, a recent decision by a Florida appellate court has brought renewed attention to the interplay between policy limits and bad faith claims in insurance litigation. This decision, involving the case of State Farm versus policyholder Catherine Hudnall,
