On September 16, an AIR damage survey team headed to southwest Florida to conduct damage surveys following Hurricane Irma’s second U.S. landfall on Marco Island.
Insurers regularly need to develop customized updates to coverage forms, but are faced with challenges because they rely on manual processes and inadequate technology.
A new Verisk Innovation Paper, Application Integrity: The Whole Truth, explores the mystery of three large personal automobile insurance carriers that were struggling with rapidly deteriorating loss ratios.