Claims

New solution applies AI to better assess damage for appraisal accuracy.

Digital Insurance spoke with Hemant Sarma, a senior VP and lead of IoT at Chubb.

Progress on cybersecurity measures lowers insurance market risks and stresses.

The Zurich-based reinsurer's key unit saw $2.5 billion in claims related to large catastrophes including the storm which hit Florida last month, it said in a statement on Friday.

The two companies announced a multi-year plan to co-develop pet health and protection solutions.

The pet health insurance program will offer new healthcare plans through Lemonade and provide claims and policy management through its mobile app.

The company expects to post a net loss of about $500 million in the quarter.

Progressive and State Farm scored second and third in overall mobile, web.

Also: Berkshire Hathaway, Protective Life, Lincoln Financial

Also: acquisitions by Accenture and Majesco, partnership news.