Insurance

Since 2020, the number of properties it insures has tripled to almost 1.4 million. Citizens estimates it may add another 300,000 by the end of the year

He shares how new technologies like machine learning and AI are shaking up the industry and the role of insurance agents.

Total global insured losses from natural catastrophes were about $50 billion from January through June.

Insurers are partnering with universities and college programs to create a more diverse and inclusive talent pipeline.

Carriers are building a talent pipeline through university programs and mentorships with partnered universities.

In other news: NEXT launches commercial excess liability and liquor liability coverages.

High theft risks for Kia and Hyundai cars, and repair cost risks for Teslas, have driven auto insurers to drop or modify coverage of those vehicles, which is forcing more auto policyholders to switch carriers.

Weather is unpredictable everywhere, and travel insurance policies can vary tremendously.

Berkshire Hathaway Inc. contended with rising prices, a troubled insurance market and a dearth of deals in the second quarter.

Insurers are adapting AI technology to improve customer experience, enhance fraud detection and create accurate risk-ranking models.