Market Highlights
It was announced 12/10/2018 that State Farm is testing a blockchain-based solution to speed up the subrogation processes in the insurance industry. State Farm is working with another insurer to understand how an enterprise blockchain solution can be used to reduce the time needed to complete the subrogation process by securely and automatically compiling all subrogation payment amounts, netting the balance and facilitating a single payment on a regular basis between insurers.
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