Michael Shashoua

The insurer's AI Working Group set policy for ethical and responsible use of AI, including data handling and managing risk.

With the uncertain status of the federal disaster response agency and NOAA climate and weather forecasting and research, NAIC hears about how disaster relief could depend on volunteer organizations, and difficulty getting storm and climate predictions.

Carriers and brokers setting AI policies for their operations are addressing bias, managing data and maintaining customers' trust.

Digital Insurance spoke with Jonathan Collura, president and CEO of Specialty Risk RE, about how reinsurers could stabilize the home insurance market in areas affected by natural disasters.

Increases in car prices in response to U.S. tariffs on foreign goods, potentially ranging from $3,000 to $12,000, has auto insurers ready to act. If premiums double, the increase in drivers going without insurance would force those with insurance to increase liability coverage.

Home safety and insurance interests call for cooperation with government authorities and homeowners to mitigate risks of flood damage.

Digital Insurance spoke with Ron Gura, CEO of insurtech Empathy, about how life insurers can benefit by providing additional services to beneficiaries after the policy's benefits are collected.

While the 22% average increase for homeowners insurance is provisionally approved by California's regulator, the carrier will have to get capital from its parent company to help cover its risks.

The scope of the disaster depends on whether it's insured losses, property damage or overall economic impact.

Climate events drive up claims and premiums, federally published data and state regulators efforts show. While some say more climate mitigation efforts are needed, insurers' efforts to write coverage are questioned.

The global life insurer has made the technology available to its whole workforce, with a majority now using it in their work.

The report, based on home insurance price and availability data collected by the association of state regulators from private insurers last year, confirms rising costs and non-renewals, and the impact of climate change on these increases. The U.S. Treasury's insurance office stopped short of publicly releasing the data used for the report.

Insurance industry economic cycles match premium increases more than litigation judgments do, an advocate for civil justice for consumers says.

Artur Wisniewski, the new COO of Allianz Trade, talks about how the trade credit arm of the insurer, which covers corporate business transactions, developed a new platform to improve claims and premium collection.

Improvements to workflows and operations boost customer service and help tailor products, making coverage more attractive.

Insurers are seeing improvements in workflows, authentication and adjudication.

Before the wildfires, California decided to pass on reinsurance costs to policyholders. After the fires, California is considering catastrophe bonds to help shore up the state's insurer of last resort. A consumer advocate says these measures concentrate too much risk locally and do not improve home insurance availability.

Regulator says it will rule urgently; Consumer Watchdog says insurer must disclose more information to justify an increase.

Terms of home insurance policies and rising construction costs will affect how those who lost their homes in the Los Angeles wildfires can rebuild.

Tech companies Wuuii and ZestyAI enhance underwriting with risk evaluation capabilities.