Insurance

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

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.

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

Forty-seven percent of auto insurance shoppers now purchase policies via digital channels, according to the J.D. Power 2025 U.S. Insurance Digital Experience Study.

Consumer Watchdog says increase was not justified, while insurance commissioner points to concessions gained from the insurer.

True road safety will require more than speed enforcement. It will take data-driven insights and collaboration across the entire transportation ecosystem.

Hub International Ltd. has raised $1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion.

Congress and Trump Administration calls for elimination of Federal Insurance Office and FEMA, if successful, would ripple through insurance and banking industries, say climate financial risk policy experts and officials.