Insurance industry payments network One Inc has launched a collaboration with J.P. Morgan Payments.
The new partnership integrates J.P. Morgan Payments’ capabilities with One Inc’s PremiumPay and ClaimsPay solutions, giving insurance carriers access to One Inc’s suite of inbound and outbound...
We may have opened a can of worms last week when we highlighted how a couple had to wait eight months for their insurer Allianz to resolve a case of a stolen car and the story prompted other readers to detail their own...
In a recent decision by the U.S. District Court for the Middle
District of Florida, Wood v. GeoVera Specialty Insurance
Company (2024 WL 3952571), the court affirmed that unambiguous
policy limits remain enforceable even when an appraisal award
exceeds those limits. This decision provides valuable guidance for
insurers...
Despite warnings from two leading insurance rating agencies that Hurricane Milton weakened or threatened Florida’s troubled home insurance market, local experts say the market can manage losses from Milton and are ready to cover yet another hurricane, if one should come.
AM Best and...