Insurance

Insurance providers could use digital-based strategies like home management platforms and homeowner AI tools to reduce claims and increase customer satisfaction.

Marblegate Asset Management is in discussions with state regulators about how it can potentially take over the assets of New York City's insolvent taxi insurer, according to people with knowledge of the matter.

The state's department of insurance started hearings in early October, but a decision about the rate increase is not expected until at least December, after a contested election for insurance commissioner.

Liberty Mutual partners with Jaguar Land Rover; AIG expands Atlanta presence, plus more insurtech news.

With the adoption of AI, how will the role and responsibilities of live agents change?

The top five states have an average of 852.84 people per 100,000 seeking life insurance via search engine each month.

Advances in technology could help insurers better predict climate events.

Allianz SE is in talks to scrap two joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter.

Insurers haven't yet applied the technology to every possible application, and also have to watch out for bias in underwriting, according to experts in the firm's insurance consulting practice.

Many homeowners don't realize they are uninsured or under-insured for storm surge and flooding.

Chloé Paillot, chief transaction actuary at Enstar, leads the team that evaluates client transactions in the legacy space, a specialty that gets rid of risky businesses for insurers and insurtechs through facilitating capital, offloading risk and finding reinsurance.

Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.

Highlights from ITC Vegas 2024.

Many customers have challenges with their financial health, according to J.D. Power's individual life and annuity studies.

The Fed's half-point cut in interest rates, which could be just the first such action in the current economy, will affect everything from premium rates and insurers' investments to the value of annuities and efficiency of operations.

Keynova Group's Q3 2024 Mobile Insurance Scored evaluates the mobile offerings for the top 12 auto and property insurance carriers in the U.S.

Prudential-backed start-up uses AI technology to advise life insurance clients about medical care costs, addressing "sandwich" generation concerns.

The state has consistently ranked in the top two of the Insurance Institute for Business & Home Safety ratings for the past 12 years. Some of its building code rules are even stricter than internationally accepted standards.

As this year's natural disasters bring heightened attention to the cost and availability of homeowners insurance, servicers often find themselves caught in the middle when customers see premium hikes.

The risk management platform will be integrated into Duck Creek's SaaS suite of insurance technology products.