(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.
June 11
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The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.
June 12
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There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.
June 12
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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.
June 11
Insurers had already doled out more than $12 billion to pay for wildfire damages as of early March, according to California state officials.
Artificial intelligence is improving the accuracy of fire forecasts made by Europe's top intergovernmental weather center.
California is emerging from its wettest time of the year with new fire and drought risks.
The measure applies to mortgages closed in the months prior to the Southern California wildfires, which are now experiencing early-stage distress.
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.
Dr. Lou Gritzo, Chief Science Officer at FM, explains why there are more frequent and severe storms, flooding, wildfires and other weather-related events.
Mark Debus, clinical manager of behavioral health at Sedgwick shares how social media and other technologies are affecting our mental health in today's world.
Christa Johnson, Team Lead - Cyber at Gallagher Bassett, addresses changing cyber risks and highlights new risks to watch.