We sat down with Mo Tooker, head of commercial lines at The Hartford, to discuss how data and AI will shape insurers’ business models. Risk & Insurance recently had the opportunity to sit down with Mo Tooker, head of commercial lines at The Hartford, to discuss the ways insurers can leverage their data to drive
Hello world, On Thursday, The Markup and Outlier Media published an investigation into car insurance pricing in Michigan following a widely touted 2019 reform that banned the use of zip codes in setting premiums, among other prohibitions. The point was to ban discriminatory insurance prices based on where people lived, a form of redlining. People
Allworth Advice: How smart cars affect car insurance Amy Wagner with Allworth Financial discusses how your smart car can be affecting your car insurance. Allworth Financial Since Michigan overhauled its no-fault system several years ago, buying auto insurance is more complicated and requires new decisions on coverage options. So getting the cheapest price quote now
By Dave Marston Westerners have begun looking at their homes differently these days. Are those trees too close? Should I move all that firewood stacked up next to the deck? Meanwhile, in California, some fire insurers have lost so much money they’ve pulled out of the state. Overall, fire insurance is becoming as expensive and unpredictable
Your company may be sufficiently insured if your business is interrupted due to data breaches or hacking incidents. But does it also cover losses due to software updates, especially in a world of interconnected devices, where a buggy software update on a central server could impact multiple devices like computers, smartphones, smart kiosks, ATMs, smart
This story was originally published by Floodlight, a nonprofit investigative newsroom focused on climate accountability. Louisiana homeowners will no longer have the assurance of holding onto their longtime property insurance policies after a damaging storm. And they could start seeing increases in premiums and deductibles since the state’s insurance commissioner convinced lawmakers to deregulate Louisiana’s
Six years into running his business, self-employed marketing consultant Brooks Lockett faced a hurdle that small business owners, freelancers, and contract workers know all too well: the daunting mess of health insurance. “As a self-employed individual, the high premiums and inadequate coverage of traditional insurance felt like a burden,” he says. “I was paying $450
Westbrook Health Services has received a donation of $5,500 from Waters Fanta Insurance Agency. Pictured, from left, are Rebecca Knotts, agent, Waters Fanta Insurance Agency; John Fanta, agent, Waters Fanta Insurance Agency; Kevin Trippett, president and CEO, Westbrook Health Services; Sara Life, chief financial officer, Westbrook Health Services; and Amy Fanta Caruthers,
TEHACHAPI, Calif. (KERO) — Kern Behavioral Health and Recovery Services will stop insurance coverage for some clients at Cornerstone on July 24, says the counseling center’s founder Joshua Pierce. Funding from insurance coverage was a problem for Cornerstone last month, but the counseling has since been paid, Pierce says. John Logan, a Cornerstone client, says
An Orleans Parish magistrate found probable cause last week to charge a woman accused of killing her boyfriend in order to cash in on his $1 million life insurance policy. Commissioner Jonathan Friedman kept 37-year-old Kyana Traylor’s bail at $500,000 at a preliminary hearing on July 8, during which New Orleans detective Michael Haynes testified