Insurance

Even so-called 'low-risk' zones are now vulnerable to flooding from shifting weather patterns, overwhelmed sewer systems and rapid growth.

Parts of St. Louis, Missouri hit by a tornado on May 16 had high rates of uninsured properties, Brad Gerling, research data analysis manager at the Missouri Department of Commerce and Insurance, told NAIC's FEMA Working Group, at its summer meeting in Minneapolis on August 12.

NAIC, the association of state regulators, is expecting FEMA to send more of its responsibilities to state governments.

California's insurer of last resort faces regulatory orders and court fights over its funding and claims handling. The following articles track developments concerning the FAIR Plan in recent months.

Insurance industry advisors and groups say the INSURE Act proposal for a catastrophic reinsurance program won't solve rising prices and coverage crisis.

More than six months after the LA catastrophe, officials have yet to complete regulations as wildfires burn across the state this week

EY's insurance expert, Isabelle Santenac, spoke with Digital Insurance about how insurers are managing technology advances, as well as increasing climate and security risks.

A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.

Combining quantum computing with AI will transform them into an exponential problem-solving power, redefining risk assessment, claims and pricing.

Telematics is revolutionizing car insurance through usage-based policies and personalized risk management options.

A 65-year-old retiring in 2025 can expect to spend $172,500 on health care expenses throughout retirement, according to Fidelity.

Sarah Murrow, who became CEO of the trade credit insurer's U.S., Canada and Brazil unit on July 1, told Digital Insurance about its unique data and the advantages that it gives its clients.

(Bloomberg) --A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May.

Nikki Devlin, CEO and co-founder of RIC, discusses how policyholders can use parametric insurance to recover from extreme weather events as these risks increase.

Technology developed at Genpact starting in 2019 applies computer vision to claims processing.

When it comes to disbursements many insurers are still relying on outdated processes.

AI can improve productivity by deploying tech alongside insurance industry knowledge workers.

Markel sells reinsurance renewal rights to Nationwide and more insurance news.

More powerful storms and pricier building costs are behind the increases in premiums, said the report's authors.

California's insurance regulator and a consumer advocacy group continue battles over the funding of the state's home insurer of last resort, and other issues.