Insurance

More carriers are offering digital assistants in their mobile browser and in-app, according to the Q3 2023 Mobile Insurance Scorecard.

In other news: Markel names head of cargo and Aspida appoints CIO.

The insurtech has created a suite of SaaS solutions built on a cloud-based platform to enhance customer communications and increase engagement.

As part of our 2023 Malpractice Liability Insurance Buyer's Guide, experts weigh in on the risks accountants are facing

The least expensive three companies have an average cost for minimum coverage of $493 for drivers with a clean record.

Understanding what factors lead insurers to deny claims can help businesses avoid problems that could undermine their coverage.

The least expensive five states have an average cost for minimum coverage of $316 for drivers with a clean record.

The auto claims technology start-up has grown by a lot in the past two years, launching an IPO and diversifying into other auto insurance-related functions.

The county of Maui and families of victims have sued the utility, alleging that its downed power lines were responsible for the conflagration. Hawaiian Electric has denied wrongdoing.

M&T Bank, Truist Financial and Eastern Bankshares are among the banks that have sold all or part of their insurance subsidiaries over the last year. Though the price is right, analysts warn that when interest rates decline, sellers will be without a key source of fee income.

Climate modeling and data collection technology is just beginning to catch up to the demand for pinpoint accuracy in property risk assessment.

AI is just an algorithm that learns based on human tasks, and humans make mistakes.

CCC has been working with an adviser to explore a potential sale and other possible buyers have been circling, said the people, who asked not to be identified because the details are private.

There were about 40 funding events in the insurtech sector in September, according to a review by Digital Insurance.

The path to more effective hurricane preparedness lies in proactive planning, automation, and the efficient utilization of data and analytics.

Three steps to set the stage for easier connectivity to the tech platforms that agents can use to quote commercial insurance.

The least risky five states have an average liability insurance requirement of 31/62/50 (in thousands of dollars).

Insurers' tech strategies have expanded but enterprise-level policy administration systems remain a vital backbone.

Application programming interfaces act as intermediaries between back-end systems and technologies.

Both commercial and homeowner insureds may have to turn to parametric insurance to cover losses as carriers leave markets and force states to cover the burden.