Amazon.com has contemplated offering home insurance as an offshoot of its development work on robots and other connected devices for the home, according to a person familiar with the discussions. The idea is that robots and other smart devices can …

The World Insurance Report (WIR) from Capgemini, in collaboration with Efma, has found Insurers face losing significant ground to the likes of Amazon, Google and Apple as a willingness from customers to buy insurance products from BigTech – coupled with a …

Three major hurricanes caused about $80 billion in insured losses nationwide for property and casualty insurers in 2017, but in Florida, legal maneuvers are as much a factor as weather in driving up pricing on homeowners’ insurance policies, a new …

Insurers in the cyber insurance segment have enjoyed exponential growth in the market over the last 10 years, and that is expected to continue as the world becomes even more connected via the internet. But while the growth in business …

Congressional efforts to curtail the federal government’s involvement in insurance regulation continue this week as a House panel is scheduled to consider a measure to trim the sails of the Federal Insurance Office (FIO). Rep. Sean Duffy, R-Wisc., chairman of …

Damaged roof tiles didn’t exceed your $6,000 deductible? Whip out the credit card.  Evacuating and need gas and lodging? Hit the ATM on the way out of town. Now, homeowners can buy coverage that fills in those gaps. A new …

Last year was a rough hurricane season, from Harvey stalling on Houston, Irma traveling up Florida and Maria divesting Puerto Rico.  What are the lessons we learned from the 2017 hurricane season? We learned a great deal of positive “lessons” …

An insurer afforded coverage for the insureds’ property damage from Hurricane Wilma and issued payment for the cost to replace the roof, repair damage to the interior and replace a cracked window. The insureds cashed the check but did not …

Colodny Fass shareholder Amy Koltnow obtained a significant appellate victory for insurers in a case involving a late-reported water back-up claim. The insureds reported the claim over one year after the plumbing had been repaired and the bathroom had been renovated.    …

Hurricanes and significant weather events create opportunities for unscrupulous contractors and their attorneys to take advantage of Assignment of Benefits, or AOB, when dealing with insurance claims. By pressuring consumers into signing an AOB, they take control of an insurance …