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Expert Analysis

Insurer Rebate Laws May Shift Toward Allowing Smart Devices

By Michael Sabino, Richard Liskov and Laura Foggan ( July 24, 2019, 3:49 PM EDT) -- Robust regulatory schemes can frustrate insurers seeking to utilize technologies that offer the opportunity to reduce claims expense and mitigate loss, especially when such technology has already embedded itself in consumers' day-to-day lives. Although state insurance regulators have varied their approach to new technologies within the practices of the insurance industry, some have taken a more active approach....

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