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Less than 1 percent of the losses are covered by insurance, according to Kinetics initial data from the main quake. The estimates exclude costs for immediate needs such as food.
April 27 -
Top 25 insurers ranked; J.D. Power study finds more people are shopping rates, but fewer are switching carriers.
April 27 -
Workers comp insurer intends to automate processes and enhance its capabilities for agent and customer service.
April 27 -
While many aging, generally mainframe-based systems, remain capable of supporting basic policy processing and accounting functions, the costs associated with enhancing them are becoming increasingly problematic.
April 27
Novarica -
Industry groups sought legal protections that would encourage information sharing to help prevent increasingly damaging cyber-attacks.
April 24 -
The Munich Re unit has made an investment in Waygum, Inc., a technology startup that is building a mobile app platform for the Industrial Internet of Things.
April 24 -
The Automated Mobile Hail Estimating device uses high-definition cameras to accurately estimate hail damage.
April 24 -
Property-and-casualty policy sales fell 2.9 percent in the first quarter, Zurich-based Ace said, driven partly by currency fluctuations and declines in the agriculture business.
April 23 -
Four of five insurers say their underwriting staff are hesitant to adopt predictive analytics because they fear the technology will replace them, according to a Valen Analytics survey.
April 23 -
New research from Novarica highlights areas of concern and offers insights on insurers spending and budgeting decisions.
April 23
Novarica -
Drones are one of the latest tools in precision agriculture, in which data is collected by satellites and sensors and analyzed to maximize farm yields.
April 22 -
The computer security industry is eating humble pie at this week's RSA Security Conference in San Francisco. Amid continued cybersecurity break-ins and a growing threat landscape, here are five key IT security and data protection trends emerging at the conference.
April 22 -
The mutual insurer intends to use the InsureRight Predict feature for underwriting purposes.
April 20 -
The work comp outsourcing specialist also will purchase Vikarans development center in India.
April 20 -
As part of a strategic initiative, ClaimCenter is intended to enable Zurich Switzerland to strengthen customer engagement and support omni-channel customer communications.
April 20 -
The insurer is hoping to save money by shrinking its space footprint.
April 20 -
The Federal Reserve would be at the helm of a reorganized regulatory system that eliminates the Office of the Comptroller of the Currency and combines other agencies under the plan released Monday.
April 20 -
The insurer will use the Lytx DriveCam Program, which combines video with predictive analytics, real-time driver feedback and coaching, to reduce injuries and identify and correct driving behaviors that could lead to collisions.
April 20 -
With hurricane season set to start June 1, Citizens is taking advantage of interest rates close to generational lows to bolster its claim-paying ability.
April 17 -
Bruce Broussard, CEO of the health insurance giant, encourages tech vendors at HIMSS to think of themselves more as partners to health insurance companies.
April 16
