Insurance

Insurers need to find new ways to grow their business while mitigating the risk of employee burnout.

The Fed said on Tuesday that Birmingham, Alabama-based Regions failed to properly monitor home equity loans and lines of credit, in part because of changes in servicing platforms.

In other news: Foresight, a workers' comp insurer, welcomes new commercial insurance underwriter.

The growth in market share comes as the national insurance program has instituted a risk-based pricing regime that's led to some fluctuation in rates.

The deal is expected to be completed later this year, subject to regulatory approval. Marsh did not disclose the terms of the deal.

AI-powered catastrophe and risk models use varied sources, including aerial imagery.

The insurance industry will lose half its workforce between now and 2036 as almost 400,000 employees retire.

Agency networks and associations provide benefits historically harder to come by as a standalone business or agency.

Five best practices can assist in selecting and integrating generative AI data.

In other news: A Nationwide survey shows customers are reducing their homeowner's insurance coverage.