(Bloomberg) --California's insurance regulator has launched a formal investigation into State Farm's handling of claims related to January's Los Angeles wildfires, after groups of survivors complained that the process could lead to confusion and delayed payouts.
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Valkyrie Holmes, co-founder and CEO of Faura, discusses how AI and analytics are helping carriers identify and manage weather risks.
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The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.
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There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.
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In an interview following remarks at Insurtech Insights, Lucy Pilko, CEO of AXA XL Americas, elaborated on what the insurance industry needs to benefit from AI in its operations.
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Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical.
The Insurance Information Institute report calls for a focus on high-quality data to target insurance availability and affordability in wildfire-prone areas of California.
Why next-gen risk models are the key to market resilience.
These insurtechs have used AI to improve their businesses.
Digital Insurance has announced the honorees for the 2024 Women in Insurance Leadership, WIL NEXT and Lifetime Achievement recognition programs.
Lauren McKinzie is the operations manager, channel partnerships for Obie Insurance.
Skills professionals need to succeed in today's technology-focused environment.
Owen Williams of Plymouth Rock Assurance explains how the company is taking a proactive perspective to its adoption of IoT technology for homeowners.
Rob Abrams, CEO of J.P. Morgan Mobility Payments Solutions, is overseeing the development of in-car wallet systems that turn cars into rolling credit cards. He explains his vision of what connected cars could look like and do in the future.
Dr. Bradley Heltemes, VP and medical director of R&D at Munich Re Life US, and Dr. Tim Meagher, Vice President and Medical Director Munich Re, Canada (Life) discuss how AI and technology are playing a more prominent role in the life insurance sector and improving cancer patient outcomes.