Insurance

Data from AAA and insights from Driver Technologies onhow UBI, telematics and additional types of technology decrease risky driving behaviors.

A positive work culture and flexibility are two factors attracting Gen Z to insurance agencies, according to a new report from the National Association of Professional Insurance Agents.

The top five insurance companies have an average commercial auto market share of 6.4% as of December 31, 2024.

Consumer Watchdog argues that California's insurance commissioner cannot allow the FAIR Plan homeowners insurance of last resort to pass on half a $1 billion assessment to consumers.

AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last resort – but doesn't specify traditional financing or catastrophe bonds. Cat bonds would not have to be paid back. Also, a climate finance policy advisor said, the bill doesn't account for future disaster risks.

Transform legacy systems to address changing workforce and attract digital natives to the insurance industry.

Homeowners who invest in wildfire mitigation measures get no guarantee of breaking even in the form of premium discounts, an insurance attorney points out.

Fifty-one percent of insurance agency employees report feeling burned out, according to research from Liberty Mutual and Safeco.

Independent and mid-sized firms must make strategic choices about where and how to adopt new technologies.

Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.

The McCarran-Ferguson Act was enacted in 1945 and regulates insurance at the state level to create a competitive market.

Jonathan Todd, partner at Benesch Law and Phil Nester, senior managing associate at Benesch Law shared responses on how current and proposed tariffs could impact the insurance industry.

The need for more granular forecasts is becoming more pressing as climate change increases the odds of extreme weather.

Carriers can reduce their development risks but should be patient and set expectations with partners, executives say.

Effective claims automation requires a cultural shift that prioritizes people, processes and strategic alignment.

An administrative law judge began hearings on an interim emergency homeowners insurance rate increase by State Farm General, the insurer's California unit. Attorneys for State Farm say the company's finances require the increase, to keep insurance available in the state. Opponents say only risk is a valid reason, not protecting the insurer's finances.

Keynova Group shared its Q1 2025 edition of the Mobile Insurance Scorecard. Progressive and Geico tied for first overall in mobile user experience.

Insurers had already doled out more than $12 billion to pay for wildfire damages as of early March, according to California state officials.

The life insurtech's platform was built first for independent agency teams to help find clients, collaborate with team members and manage deals across carriers.

There were about 57 funding events in the insurtech sector in March, according to a review by Digital Insurance.