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The top five insurance companies have an average commercial auto market share of 6.4% as of December 31, 2024.
April 21 -
Bad actors use generative AI to create automated threats that are more sophisticated than earlier generations of malicious bots, and they are going after banks' APIs.
April 21 -
Prioritizing comprehensive healthcare, financial wellness, flexible work policies, mental health support and virtual care provides a competitive edge.
April 21CBIZ Insurance Services -
Consumer Watchdog argues that California's insurance commissioner cannot allow the FAIR Plan homeowners insurance of last resort to pass on half a $1 billion assessment to consumers.
April 20 -
AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last resort – but doesn't specify traditional financing or catastrophe bonds. Cat bonds would not have to be paid back. Also, a climate finance policy advisor said, the bill doesn't account for future disaster risks.
April 20 -
EasieOps addresses pain points in document processing, including integration challenges and scalability barriers.
April 17 -
Transform legacy systems to address changing workforce and attract digital natives to the insurance industry.
April 17iPipeline -
Homeowners who invest in wildfire mitigation measures get no guarantee of breaking even in the form of premium discounts, an insurance attorney points out.
April 16 -
The inability to react to emerging trends quickly can cost insurers money and customers.
April 16Decerto -
Fifty-one percent of insurance agency employees report feeling burned out, according to research from Liberty Mutual and Safeco.
April 15