American Collectors says the innovations include the addition of selecting any year/make/model of vehicle being insured on a specialty collector policy; the acceptance of additional garaging options; and driving experience limits being eased.
New features for car collectors include discounts for high-value vehicle collections; elimination of limiting use to “hobby use” within mileage limits; expansion of mileage limits for hobby use; and a Towing and Labor for Collectors plan.
The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
Fortune and Great Place to Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.
"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.
By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.
The insurtech development program, seeing frequent participation from Americas-based startups, dedicates latest cohort to regional entries.
AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief information officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.
