-
The Federal Emergency Management Agency in April announced the first significant update to the beleaguered National Flood Insurance Program, which covers about 5 million properties. Premiums have risen steadily, but the program is more than $20 billion in debt, thanks in part to rising seas and stronger storms. Now, a quarter of the participants will see lower costs, while the remainder will see premiums rise in increments as high as 18% annually.
October 1 -
Keynova Group released its Q3 2021 Mobile Insurance Scorecard, which evaluates the mobile websites and mobile apps from the 12 largest U.S. property and casualty firms. Geico placed first overall and leads scoring in mobile web and app.
September 29 -
Chief Executive Officer Elon Musk has said that on Friday, the electric-car maker will roll out an updated version of its Full Self-Driving beta software, which until now has only been available to roughly 2,000 people.
September 24 -
Deanne Criswell, the first woman to lead the Federal Emergency Management Agency, in April took over a 20,000-person operation exhausted by managing responses to disasters linked to global warming: wildfires and the 2020 hurricane season, the most active on record.
September 22 -
Truepic Inc., which helps companies like banks and insurers fight fraud by verifying images, raised $26 million in a funding round led by Microsoft Corp.’s M12 venture capital arm.
September 14 -
In other news: Ethos adds board members, new executives; One Inc partners with Mastercard on insurance payments; and Notion, a Comcast company, works with Honey Insurance in Australia.
September 13 -
Amazon will require third-party sellers to secure product liability coverage after reaching $10,000 in sales in one month on Amazon.
September 9 -
DealerPolicy, which functions as an insurance agency in the lower 48 states, connects car buyers with insurance quotes.
August 26 -
The decline is likely because of a lack of proactive support and personalized attention, according to a J.D. Power study.
August 25 -
NHTSA, which announced the Tesla probe Monday, opened 26 probes into various auto and highway safety issues so far this year -- more than in all of 2020 or 2019, according to its website.
August 17 -
The investigation covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014-2021 model years. NHTSA said it launched the probe after 11 crashes that resulted in 17 injuries and one fatality.
August 16 -
As part of its new policy, Amazon said it would work to help sellers purchase their own liability insurance.
August 10 -
The insurance company said auto property damage gross claim frequency in the second quarter was up 47% compared to the same quarter last year.
August 6 -
Touching on the potential of telematics and the new possibilities of remote work.
July 26 -
Express initiative will cover 24 categories of products.
July 13 -
Inside the company's online-only launch of a bundle including usage-based auto insurance, ID theft coverage and homeowners.
June 28 -
Partnership allows connected-car owners to get Root usage-based insurance by using their car's data.
June 11 -
The insurer says the new offering will be distinct from its current SafePilot product.
June 10 -
Insurtech’s comparison platform will offer alternative carriers in places Nationwide doesn’t provide coverage.
June 10 -
Storm-related reconstruction costs — a large share of which may be concentrated in the New York City area — are estimated to total $1.9 trillion for water damage and $8.5 trillion for wind damage.
June 1



















