Insurance

Applying AI to insurance claims processing improves its predictive analytics, use of predictive models and control of costs.

Almost 80% of survey respondents were very dissatisfied with the current political climate.

The insurance company agreed to post a notice informing employees of their rights and vowing to comply with federal labor law.

With the retreat from globalization, insurers will have to adapt but it won't be easy.

Westlake, Texas-based Solera announced the filing in a statement Wednesday and didn't offer any additional details.

Of the four states with insurance commissioner elections this year, only North Carolina has one with competing candidates. A challenger is criticizing the two-term incumbent for rate hikes.

Travelers' latest distracted driving risk index shows a continued increase, but tech providers and developers are using the biggest source of the problem to help fight it.

Factors shaping life insurers' approaches to investments in technology.

The 2024 U.S. Insurance Shopping Study finds that with increasing premiums, auto insurance customers are actively shopping for new carriers.

Healthcare, research and technology professionals are collaborating to get insights about distracted driving from accident data, and using these to address insurance risks.

State Farm, Liberty Mutual, CNA, Vertafore and American Modern share their tips for attracting and retaining new talent to the industry.

Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.

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.