Insurance

A new AI-powered platform can protect businesses from the impacts of costly power outages.

State and federal relief efforts are stepping in to help areas hit by Helene that are not covered by flood insurance.

Data from Neptune Flood reveals the lack of coverage from homeowners and business owners facing the storm's deadly destruction.

From Indiana to Florida, more than 3.2 million customers are without power with South Carolina accounting for about 31%, according to PowerOutage.us.

Startup launched in 2023 with Loss Scan, an AI-based product that organizes and presents loss run data, helping agents and carriers identify insureds with risks they can cover.

State Farm, Allstate and Geico are top performers in digital experience, according to new research from Corporate Insight.

To close the coverage gap, boost growth, and improve the customer experience, it will be crucial for life and annuity insurers to increase their use of AI and modernize processes.

The 13 largest homeowners insurance underwriters denied almost half of their climate-related claims last year, adding to property owner and mortgage servicer woes.

Northern Manhattan City Council Member Carmen De La Rosa wants to lower the minimum personal injury protection coverage for commercial ride-share cars in New York City from $200,000 to $50,000.

The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.

Lyft partners with Smartcar; ZestyAI and West Bend Insurance expand partnership, plus more insurtech news.

An onslaught of four natural disasters $5.3 billion of insured losses across Canada in just two months — more than any other summer on record.

Erin Slater, head of financial services strategy with Quad, shares how firms can find the balance between innovation and privacy.

Gary Hallgren, president of Arity, shares insights into the misconceptions drivers hold and how technology and data analytics can drive positive change in driving habits.

Travelers annual survey of 1,200 business executives found that 62% were most concerned by cybersecurity risks, and more businesses are getting cyber insurance coverage.

A member of a homeowners association explained the higher cost, lower coverage plan it now has, and supported Consumer Watchdog's advocacy.

Consumer Watchdog officials, in remarks before and during a hearing of the Assembly's Insurance Committee, stressed requiring insurers to provide standard policies to homeowners who fireproof their property, countering Commissioner Ricardo Lara's proposed deal with insurers promising more coverage in wildfire distressed areas.

Central Europe's insured flood losses will likely be €2 billion ($2.2 billion) to €3 billion, Global reinsurance broker Gallagher Re estimates.

Preparation and planning are vital to a successful sale or merger of your agency.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.