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Because of its soil and its status as the world's fastest-warming continent, Europe is particularly exposed. The European Central Bank estimates the region's potential damage from sinking land at more than €2.5 trillion ($2.9 billion) across all euro-area financial institutions.
June 13
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(Bloomberg) --California's insurance regulator has launched a formal investigation into State Farm's handling of claims related to January's Los Angeles wildfires, after groups of survivors complained that the process could lead to confusion and delayed payouts.
June 13
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Pet insurance needs to do more than reimburse. It must actively support pet owners in predicting problems and delivering real-time value.
June 12
EIS -
Insurers that invest in modernizing how funds are held, moved, and monitored will be the best positioned.
June 12
Vitesse -
The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.
June 12
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There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.
June 12
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In an interview following remarks at Insurtech Insights, Lucy Pilko, CEO of AXA XL Americas, elaborated on what the insurance industry needs to benefit from AI in its operations.
June 11
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Tech isn't a replacement for strategy or a substitute for process design. And it won't deliver results without the right people behind it.
June 11
Input 1 -
Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.
June 11
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The rise of autonomous vehicles will force a reconfiguration of the $400 billion U.S. auto-insurance industry, according to Goldman Sachs.
June 11
