Insurance

Insurtech is having a major impact on life insurance and Bethany Jansen, strategic technology program manager at American Family Insurance and a Women in Insurance Leadership NEXT honoree, discusses how it is changing life insurance.

Three strategies to help insurers weather a changing climate risk environment.

The average premium for homeowners insurance in the US is expected to hit $2,522 by the end of the year, driven largely by intensifying natural disasters, rising reinsurance costs and higher fees for home repair, according to Insurify, a Massachusetts-based insurance-comparison platform.

Defections by U.S. states from NAIC's call for property market data reporting could widen the gap in insurance protection, climate risk solutions expert says.

An increase in severe storms and a larger number of high-severity claims is causing longer wait times, which is impacting customer satisfaction, according to the J.D. Power 2024 U.S. Property Claims Satisfaction Study.

Insurance payouts for Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd's of London Chief Executive Officer John Neal.

Telematics data class action; NHTSA grants for state crash data collection and more legal news.

With its checkered history of risk placement process modernization fading away, the London Market is now pushing towards a bright new data future.

A series about Insurtech 2.0 as an evolution and movement, the data management foundations, and how advances will improve claims and underwriting.

A tanker bound for Sri Lanka hit a pylon on the Francis Scott Key Bridge in Baltimore, causing it to collapse in seconds. What are the insurance implications?

This will be the first spring outlook since 2021 where there are no communities at risk of significant flooding, according to climate forecasters.

The jury is still out on whether the California insurance regulator's plan to let insurers use catastrophe modeling for rates will make wildfire loss coverage more widely available.

In partnership with the United Nations Capital Development Fund (UNCDF), Lloyd's will run parametric insurance training workshops in Papua New Guinea and Fiji.

The insurtech targets underwriting efficiency and accuracy through generative AI-powered tools.

The executive liability market has seen huge swings in premiums, making it hard for brokers to identify risks and find the best options for insurance.

The last in a three-part series on the meaning and future of "Insurtech 2.0" explores what technology advances could mean for insurers' claims and underwriting functions.

Second in a three-part series on the meaning and future of "Insurtech 2.0" covers what benefits are possible, where to find them and when to expect progress.

This first part of a three-part series on the meaning and future of "Insurtech 2.0" considers how this buzzword is defined and the evolution of technology in the insurance industry that it represents.

As insurance rates rise, companies must manage auto-related expenditures to keep commercial coverage costs in check and manage compliance.

The report emphasizes that accurate risk management practices and data utilization will be key in responding to this year's trends.