Insurance

Climate modeling and data collection technology is just beginning to catch up to the demand for pinpoint accuracy in property risk assessment.

AI is just an algorithm that learns based on human tasks, and humans make mistakes.

CCC has been working with an adviser to explore a potential sale and other possible buyers have been circling, said the people, who asked not to be identified because the details are private.

There were about 40 funding events in the insurtech sector in September, according to a review by Digital Insurance.

The path to more effective hurricane preparedness lies in proactive planning, automation, and the efficient utilization of data and analytics.

Three steps to set the stage for easier connectivity to the tech platforms that agents can use to quote commercial insurance.

The least risky five states have an average liability insurance requirement of 31/62/50 (in thousands of dollars).

Insurers' tech strategies have expanded but enterprise-level policy administration systems remain a vital backbone.

Application programming interfaces act as intermediaries between back-end systems and technologies.

Both commercial and homeowner insureds may have to turn to parametric insurance to cover losses as carriers leave markets and force states to cover the burden.

The top three infractions have an average insurance premium increase of 103% after the infringement.

Of 378 senior insurance executives surveyed by BlackRock, 89% said they plan to invest more in private markets during the next two years, according to a report set for publication today.

Digital Insurance has named 15 honorees for this year's Women in Insurance Leadership award and five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. You can find those profiles, here.

Digital Insurance has named five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. Additionally, we have 15 honorees for this year's Women in Insurance Leadership award. You can find those profiles, here.

Apple iPhone 15 and 14 users in the U.S. will have access to the service via a satellite.

The indictment of Sen. Bob Menendez, D-N.J., is inconvenient for some Democratic priorities, but unlikely to impact a cannabis banking bill up for debate in the Senate Banking Committee.

In the six states where credit score matters the most, a driver with no credit pays on average 94% more for car insurance than a driver with exceptional credit.

Extreme weather events, rising inflation and a constantly-evolving risk landscape are just some of the challenges Sansone uses technology to tackle.

The Women in Insurance Leadership honoree also launched Cake Insure, a technology subsidiary of Pinnacol that allows small business owners to provide workers' comp insurance for employees.

Brown's approach to diversity in business allows firms to compete on equal footing with larger competitors, which increases collaboration and yields stronger business results.