Insurance

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.

Startup life insurance brokerage launched in 2021 adds new capability as it expands its reach of carriers and agents using the service.

Four strategies for insurance companies aiming to leverage AI's potential.

Allstate found that customers who use Drivewise are 25% less likely to experience a severe collision than those who don't.

A host of factors have affected our daily work lives, but the recent pandemic changed how and where we work. Ken Tolson with Crawford & Company discusses the talent challenges and how to succeed in a new environment.

Geico, State Farm and Progressive ranked as top three overall in Keynova's Mobile Insurance Scorecard.