Insurance

Elizabeth Tyndell, VP talent acquisition at New York Life, shares how the insurer is leveraging AI to attract and retain the next generation of insurance talent.

Leveraging EHRs, medical claims and historical lab data, insurers can enhance their ability to discover undisclosed tobacco use and improve risk assessment accuracy.

A group led by Bain Capital's special-situations arm is in talks to invest as much as $2 billion in insurance broker Acrisure, according to people with knowledge of the matter.

Insured losses from natural catastrophes could soar to $145 billion this year as population growth, urban sprawl and climate change combine to supercharge risks, according to a report by Swiss Re Institute.

The top five insurance companies have an average life insurance market share of 6.01% as of December 31, 2024.

Growth in premiums flattened in the past two years after steep growth, but new MGA entrants in the space could fuel another rise.

Homeowners class action plaintiffs will depend on finding evidence of conspiracy in discovery process, a legal expert said, but the large scope and cost of discovery, as well as difficulty getting a summary judgment, are likely to lead defendant companies to settle.

AI's ability to synthesize large amounts of data is providing key insights for diagnosing cancer and other health-related issues.

By leveraging vast amounts of data from multiple sources, insurers can analyze customer behaviors and risk factors in real time.

Catastrophes significantly increase claim volume and severity, resulting in extended claims cycles and frustrated policyholders.