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Ryan Bank of Vexcel shares how AI is fine-tuning image searches to identify specific risks or features that could affect underwriting and claims for insurers.

The economics of risk are being reshaped not by frequency trends, but by the volatility and operational drag embedded in complex insurance claims.

Carriers have a lot of data and transforming it into actionable insights can be a challenge; however, AI is changing how information is utilized.

The homeowners insurance market in the U.S. "faces mounting strain from severe climate risk," Benjamin Collier and the other authors said in their commentary.

Regulators from 12 states will conduct questionnaires with insurers, seeking insights into their use of AI, over the next six months. The results will be used to adjust the questionnaire before it is formally adopted.

In today's volatile insurance environment, AI agents can help insurers manage a wide range of transactions autonomously with speed and consistency.

The shift from transactional relationships to experience-driven engagement models is becoming a defining characteristic of successful P&C insurers.

Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled.

The retirement, asset and wealth management giant will be called Equitable and manage $1.5 trillion in assets.

Carriers have been collecting vast amounts of data for years, but transforming it into actionable insights has been challenging, until the advent of AI.