Michael Shashoua

7Analytics, founded in Norway in 2020, focuses on specific high-resolution land and building images and data for sophisticated conclusions about flood risks.

Republicans win insurance commissioner races in North Carolina and Montana, Democrats win in Washington state and Delaware, according to Ballotpedia results.

Raju Seetharaman, CTO of the U.S. unit of the U.K.-based financial services and life insurance firm, is bringing experience gained with the parent company to expand based on digital transformation of its technology.

Gaya, co-founded by two Stanford business school graduates, pivoted through two related ideas before arriving at a data auto-fill product serving insurance carriers.

The auto insurer's CEO, Mike Zukerman, has been in the role for just over one year. He wants the use of AI to 'surprise and delight' policyholders, and with CSAA's large presence in California, he expects stabilization of an insurance market greatly affected by wildfires in recent years.

The state's department of insurance started hearings in early October, but a decision about the rate increase is not expected until at least December, after a contested election for insurance commissioner.

Insurers haven't yet applied the technology to every possible application, and also have to watch out for bias in underwriting, according to experts in the firm's insurance consulting practice.

Chloé Paillot, chief transaction actuary at Enstar, leads the team that evaluates client transactions in the legacy space, a specialty that gets rid of risky businesses for insurers and insurtechs through facilitating capital, offloading risk and finding reinsurance.

The Fed's half-point cut in interest rates, which could be just the first such action in the current economy, will affect everything from premium rates and insurers' investments to the value of annuities and efficiency of operations.

Prudential-backed start-up uses AI technology to advise life insurance clients about medical care costs, addressing "sandwich" generation concerns.

The state has consistently ranked in the top two of the Insurance Institute for Business & Home Safety ratings for the past 12 years. Some of its building code rules are even stricter than internationally accepted standards.

The state's governor and a challenger running for insurance commissioner are calling for a new look at building codes that were weakened by the state's legislature in the past couple years.

Public policy and tax experts from the consultancy said local ties may help insurers' standing with Congress, and Republicans' push for tax cuts could negate party members' negative views of big business.

AI-based customer service technology company provides insurers with more sophisticated assessment of claimants needs and how to serve them.

As carriers get more experience with implementing new AI technology, they are becoming proactive about meeting regulation and ethics standards before outside forces impose them.

Digital Insurance spoke with Mike Causey, North Carolina's Commissioner of Insurance, about conditions on the ground following Hurricane Helene, and his department's work on relief efforts and damage claims.

State and federal relief efforts are stepping in to help areas hit by Helene that are not covered by flood insurance.

Startup launched in 2023 with Loss Scan, an AI-based product that organizes and presents loss run data, helping agents and carriers identify insureds with risks they can cover.

Travelers annual survey of 1,200 business executives found that 62% were most concerned by cybersecurity risks, and more businesses are getting cyber insurance coverage.

A member of a homeowners association explained the higher cost, lower coverage plan it now has, and supported Consumer Watchdog's advocacy.