9 worst scammers of 2017 named to Insurance Fraud Hall of Shame
An extensive (and expensive) list of perpetrators make up the “No Class of 2017” as determined by the Coalition Against Insurance Fraud.
Amazon Key app raises liability questions – and likely homeowners rate
New system meant to curb package theft could end up costing people who use it a lot more in the form of higher homeowners or renters insurance premiums.
Financial hardship from Louisiana flooding underscores Americans’ unpreparedness for a natural disaster
The recent flooding in and around Baton Rouge and Lafayette, Lousiana led to 13 fatalities, damaged an estimated 60,000 homes and led to about...
P&C insurance customer satisfaction driven by good communication, not speed, J.D. Power finds
Record catastrophic losses place P&C insurer focus squarely on management of customer expectations. Amica Mutual tops satisfaction rankings for seventh consecutive year.
Report aims to put a stop to ‘Use It and Lose It’ homeowner policies
When a homeowner suffers a loss and files a claim with their insurance company, many times the company responds by raising the homeowner’s premium...
Lemonade – billed as “world’s first peer-to-peer insurance company” – makes addition to ‘dream...
NEW YORK – Lemonade, the “world's first P2P insurance carrier,” announced Jan. 12 that Ty Sagalow, one of its founding team members, has been...
Trov begins U.S. rollout of on-demand insurance for individual items
Arizona is first state for launch of on-demand, micro-duration insurance where covered items are protected against accidental damage, loss, mechanical breakdown, and theft anywhere in the world.
Lemonade’s ‘Transparency Chronicles’ provide rare look inside a startup carrier’s metrics
New York-based homeowners and renter insurance startup Lemonade recently released the second of three planned installments of its “Transparency Chronicles,” as the company continues...
Lemonade sells 142 policies in first 48 hours
Shai Wininger, co-founder and “Chief Lemonade Maker” for high-profile homeowners and renters insurance startup Lemonade, took the unusual step of sharing the company’s analytics...
Do Amazon and Google pose a threat to home insurers?
Latest J.D. Power Pulse Survey on insurtech trends reveals 1 in 5 American consumers (and a much higher percentage of Millennials) would switch to a policy offered by a tech giant should they enter the market; 34% of consumers (57% of Millennials) would likely switch to a home insurer offering smart home technology loss and protection options.