Insurance

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.

There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.

CSAA used AI-powered aerial image analysis in a decision to not renew a homeowner's insurance policy in Northern California.

Analytics and agent-to-broker communications are becoming more popular applications for cloud data management. Marketing and automation applications haven't yet reached that kind of critical mass. Google and Amazon discuss their cloud services approaches.

The proposed new insurance plan is intended to protect the Southeast Asian nation from infrastructure losses caused by natural disasters.

Yellen, who also chairs the Financial Stability Oversight Council, said that a spate of extreme weather events is causing insurers to raise rates on homeowners.

The most expensive five states have an average annual insurance premium for 16- to 19-year-old teenagers of $4,496.

Releasing an ESG report prepares you to address potential risks hidden in operations.

Farmers Insurance's latest effort to reduce risk by not renewing Georgia homeowner policies was flagged as illegal by Georgia's Insurance Commissioner and forced to be retracted.

The top five cars have an average annual insurance premium of $1,841.

The National Association of Insurance Commissioners has issued guidance to insurance companies about existing laws and governance requirements they need to follow as they develop and use AI models. Experts say it's a good first step.

Major firms cite costly devastating hurricanes and widespread litigation against the industry as reasons to sunset policies for an unspecified number of property owners.

The least expensive five states have an average annual insurance premium for 16- to 19-year-old teenagers of $992.