Insurance

The top five insurance companies have an average homeowners market share of 9.15% as of December 31, 2024.

With the uncertain status of the federal disaster response agency and NOAA climate and weather forecasting and research, NAIC hears about how disaster relief could depend on volunteer organizations, and difficulty getting storm and climate predictions.

Artificial intelligence's influence in life insurance is the latest trend sweeping the industry, followed by insurtech innovation and policies as tax assets.

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes.

CoreLogic rebrands as Cotality; Plymouth Rock collaborates with NWN, plus more insurtech news

Though microinsurance coverage increased in the last three years, there is an 88% protection gap, according to Microinsurance Network report.

California's insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That's raising the prospect that state residents will need to pick up the bill for more funds.

The top five insurance companies have an average private passenger auto market share of 12.72% as of December 31, 2024.

Carriers and brokers setting AI policies for their operations are addressing bias, managing data and maintaining customers' trust.

The global insurance protection gap was last estimated at $1.8 trillion, according to SAS.