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To keep pace with emerging risks, insurers must carefully identify which technologies can truly mitigate risk and reduce losses.
January 23Nearmap -
Industry trends since the Great Financial Crisis have sparked rising interest in private asset-backed finance.
January 22 -
AI-evaluated insurance claims denials can depend on characteristics of the claimant, not just the merits of their claim. AI may not be a reason or the only reason for a claim denial, experts say.
January 22 -
The North Carolina Rate Bureau, representing home insurers, settled for two 7.5% increases this year and next, after originally seeking a 42% rate increase. NCRB says the settlement just postpones the need for higher rates to accurately cover risks, while the insurance commissioner calls it "a big win" for homeowners.
January 22 -
New York Governor Kathy Hochul proposed measures to stabilize the city's taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co.
January 22 -
Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change.
January 22 -
A new research report from Digital Insurance highlights some of the risks and opportunities for the insurance industry in 2025.
January 22 -
The growing threat of hackers using generative artificial intelligence will boost both the reinsurance markets and data security innovation in 2025.
January 22 -
Cybersecurity and technology disruption are the two top threats to business growth identified by a Harris Poll of 500 business leaders, commissioned by Chubb.
January 21 -
Building meaningful relationships with carriers and stakeholders can be a challenge for insurtechs.
January 21FECUND Software Services.