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Real improvement in managing uncertainty from a risk perspective won't come from better technology alone.

California legislators introduced a bill Saturday that would update the state's wildfire response without shifting liability away from publicly traded utilities.

KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that's invested its balance sheet in long-term private equity bets.

Evident, a data platform, issued its second annual survey of insurers' AI efforts, showing some insurers ranking much higher than last year.

Pablo Palafox, CEO and co-founder at HappyRobot, shares a common mistake insurtechs make is leading with technology instead of the customers' problem.

Independent agents want increased AI usage and automation to address pain points, according to Ivans' latest report.

The banks are tapping the brakes on their role as sale channels for Delaware Life Insurance Co. amid a U.S. investigation of billionaire financier Mark Walter's sprawling business empire.

One particular focus of attorneys general in the insurance space will likely be companies' use of AI in underwriting.

More than one-third, 37%, of customers who use AI to research insurance options changed their policy as a result.

Human oversight would still be needed, especially for underwriting, industry experts say. Yet linking voice recognition with AI engines will put insurance agents jobs at risk, they add.