Insurance

Travelers' latest distracted driving risk index shows a continued increase, but tech providers and developers are using the biggest source of the problem to help fight it.

Factors shaping life insurers' approaches to investments in technology.

The 2024 U.S. Insurance Shopping Study finds that with increasing premiums, auto insurance customers are actively shopping for new carriers.

Healthcare, research and technology professionals are collaborating to get insights about distracted driving from accident data, and using these to address insurance risks.

State Farm, Liberty Mutual, CNA, Vertafore and American Modern share their tips for attracting and retaining new talent to the industry.

Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.

SDK integration can simplify and revolutionize digital offerings for health insurers.

Technology is helping carriers to better manage their risk portfolios when it comes to underwriting and managing weather-related property risks.

Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.

The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.

The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.

The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.

"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.

By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.

AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief information officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.

Lloyd's appointed Dawn Miller as chief commercial officer, and CEO of Lloyd's Americas; plus more career moves.

Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.

Laws against inducements and referral fees are among the obstacles for carriers looking to distribute coverage by embedding it in other channels.

Capgemini Research Institute's World Property and Casualty Insurance Report 2024 indicates insurance executives see the potential benefits of AI and ML but underwriters are concerned about overcomplexity and data integrity.

The two companies, units of Japan-based Tokio Marine Holdings Inc., said the decision will affect 12,556 policies with premiums of $11.3 million.