Homeowners insurance

In other news: Overhaul and Movingdots collaborate; Zurich Resilience Solutions adds DEI service; Vertafore names chief technology officer.

Many of the opportunities that exist now and in the coming year are being shaped by the world around us and the uncertainty created by the pandemic.

Lemonade Car, a telematics auto insurance product, is now live in Illinois and will roll out across the U.S. soon.

Nationwide’s Sarah Jacobs, vice president of personal lines product development, spoke with Digital Insurance about a recent survey on smart home devices and the future of IoT at Nationwide.

In other news: Zurich releases cyber risk survey results; Hertz and Uber to add 50,000 Teslas to network; Amica selects Shift Technology.

In other news: Algorithm calculates number of good health years; Hiro rebrands to Locket; Alliant launches diversity initiative.

Digital Insurance spoke with Angela Orbann, vice president of property, PI product management at Travelers about how technology can optimize a home insurance policy and how artificial intelligence and satellite imagery is helping insurers.

Armadillo was founded this year by two insurance industry executives. Matan Slagter, who was most recently with AIG, and Lansdon Robbins, a serial entrepreneur, recently launched the home warranty solution in 20 markets.

Boomers are moving and buying renters insurance but carriers are struggling to retain them during the transition. Only a little over half of Boomers and Pre-Boomers who have moved from homeowners to renters stay with the same insurer.

As many as 2.4 million homes are at risk of losing protection in 2021 as year-long grace periods expire – though new disasters may extend their shields. In all, 18% of the state’s households could effectively lose protection, the largest single group since the moratorium law took effect three years ago.