Insurance

Life insurance companies owned by private equity firms have quietly reshaped their portfolios, according to researchers at the Federal Reserve Bank of Chicago.

Georgia voters will choose one of five Democratic candidates on May 19 to challenge incumbent insurance commissioner John King. Candidates addressed the use of NAIC-collected data to address climate change risks, and how the state's regulatory resources rank nationwide.

VM-22, NAIC's latest valuation manual, has begun a three-year rollout lasting through the end of 2028. Experts from WTW spoke about the standard.

Reputation events are currently managed reactively by communications teams reporting using tools built for brand storytelling.

Georgia voters will choose one of five Democratic candidates on May 19 to challenge incumbent insurance commissioner John King. Candidates discussed how AI can provide value to policyholders, preventing AI fraud, and how carriers deploy the technology.

AI technology detects risky behaviors from data gathered by telematics devices.

Rings, smartwatches and other such tools are viewed as credible biometric monitors, capturing information about respiratory rates, blood oxygen levels, sleep duration and more.

Georgia voters will choose one of five Democratic candidates on May 19 to challenge incumbent insurance commissioner John King. Three of the candidates answered questions on tort reform, as well as getting policyholders off the state's FAIR Plan, and how they would handle rate increase proposals.

Automation will change underwriting, but judgment, context, and accountability still belong to people.

Nationwide and Whisker Labs share insights related to their partnership and the Ting sensor, which uses artificial intelligence to warn policyholders about potentially catastrophic events.

State Farm could face millions of dollars in penalties in California after the state's insurance regulator alleged the firm mishandled claims related to the 2025 Los Angeles wildfires.

California Assembly advances mortgage protections for wildfire survivors, while agency considers advocates' role in rate increase processes. Meanwhile, state regulators are looking at how insurers use AI, and a look at regulatory budgets reveals which states are doing more with less.

Predicting natural disasters is becoming more important for banks and insurers as climate change increases their occurrence. Last year's wildfires in Los Angeles killed 31 people, destroyed more than 16,000 structures and caused as much as $131 billion in economic and property losses.

Prosecutors said the man they charged with starting the deadly 2025 Palisades Fire in Los Angeles was upset about a failed relationship and not having New Year's Eve plans just before he set a small blaze which rekindled six days later.

Fewer consumers want life insurance since the pandemic, but sales are still growing, with digital tools keeping sales high among the 38% of Americans who are still buying, according to new research.

Insurance tech and legal executives emphasize checking data, and working to build confidence and trust.

Cigna Group will stop offering health plans in the Affordable Care Act marketplaces at the end of this year, executives said, an exit that could pose a fresh challenge for the Obamacare customers who have seen premiums rise sharply.

Carriers gain ground when treating personalization as a structural shift instead of a simple feature enhancement.

A salaried job with health benefits has long been considered the gold standard of employment in the U.S. But now, as sharply rising healthcare premiums eat into workers' pay, young, healthy professionals are rejecting employer-sponsored insurance. Instead, they're going without coverage or finding cheaper options, saying they can't afford to be on the company plan.

The insurance industry's research organization added 10 more states to the first four in its Wildfire Prepared Home designation program. About 35% of U.S. homes in high wildfire risk areas are not yet eligible.