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Insurance companies should be transparent about AI models and their data processing, industry advisors said.

Insurers must monitor state and federal regulations closely because they are constantly changing.

Insurers note modernizing legacy systems as a top challenge for implementing AI within the industry.

Owen Williams, associate product manager, focuses on how IoT technology is shaping risk management practices.

Garrett Droege, an innovation and risk executive at IMA, spoke about the demands agentic AI makes on smaller insurance companies, and how they can use the technology.

The Task Force on Climate-related Financial Risks won't be disbanded, according to people familiar with the matter.

Insurers should proactively quantify and mitigate internal cyber exposure.

Marsh McLennan moves to Amazon cloud; ZestyAI in Connecticut and West Virginia and more insurtech news.

More than a third of the funding received by 39 startups surveyed by Bloomberg came from American sources.

Owen Williams of Plymouth Rock Assurance explains how the company is taking a proactive perspective to its adoption of IoT technology for homeowners.