Insurance

In the latest DigIn podcast, Brett Laker of Underwrite Me, discuses how AI is expediting many aspects of the life insurance underwriting process.

Estimates for the financial toll of the blazes range from $30 billion to as high as $250 billion, as homeowners grapple with premium hikes and non-renewals.

Brett Laker, head of North America for UnderwriteMe focuses on trends he's seeing for 2025 and how AI will empower underwriters with data for faster decision making.

As the number of underwriting rules increases, they create a maze of redundant and sometimes conflicting conditions.

The scope of the disaster depends on whether it's insured losses, property damage or overall economic impact.

Fremont, a Bay Area city of 226,000, in September became the first municipality in the nation to buy its own citywide flood insurance policy.

There were about 50 funding events in the insurtech sector in February, according to a review by Digital Insurance.

HSB, a part of Munich Re, partners with Flume; Kin expands into California, plus more insurtech news.

First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.

Climate events drive up claims and premiums, federally published data and state regulators efforts show. While some say more climate mitigation efforts are needed, insurers' efforts to write coverage are questioned.