Insurance

The 2024 U.S. Independent Agent Satisfaction Study from J.D. Power indicates insurers are improving quoting platforms, increasing training and communication to maintain relationships with agents.

Severe repetitive loss (SRL) properties are a growing category.

The destruction from Hurricane Helene is expected to cost insurers roughly $6.4 billion, according to an early estimate from catastrophe modeling firm Karen Clark & Company.

The three largest property and casualty insurance deals had an average round amount of more than $88 million, according to CB Insights.

As historic floodwaters unleashed by Hurricane Helene recede across the U.S. Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years.

Digital Insurance spoke with Mike Causey, North Carolina's Commissioner of Insurance, about conditions on the ground following Hurricane Helene, and his department's work on relief efforts and damage claims.

A new study finds that today's middle Americans are facing a life insurance coverage gap due to a lack of information.

Next Chair of Lloyd's; CEO appointed at Allianz Commercial, plus senior leadership appointments at Northwestern Mutual and more career moves.

Marsh McLennan agreed to buy smaller rival McGriff Insurance Services in a $7.8 billion cash transaction, marking its largest ever deal.

The horror Helene left in its wake has shocked the city of 94,000, and the inland devastation illustrates a broader danger about hurricanes.

A new AI-powered platform can protect businesses from the impacts of costly power outages.

State and federal relief efforts are stepping in to help areas hit by Helene that are not covered by flood insurance.

Data from Neptune Flood reveals the lack of coverage from homeowners and business owners facing the storm's deadly destruction.

From Indiana to Florida, more than 3.2 million customers are without power with South Carolina accounting for about 31%, according to PowerOutage.us.

Startup launched in 2023 with Loss Scan, an AI-based product that organizes and presents loss run data, helping agents and carriers identify insureds with risks they can cover.

State Farm, Allstate and Geico are top performers in digital experience, according to new research from Corporate Insight.

To close the coverage gap, boost growth, and improve the customer experience, it will be crucial for life and annuity insurers to increase their use of AI and modernize processes.

The 13 largest homeowners insurance underwriters denied almost half of their climate-related claims last year, adding to property owner and mortgage servicer woes.

Northern Manhattan City Council Member Carmen De La Rosa wants to lower the minimum personal injury protection coverage for commercial ride-share cars in New York City from $200,000 to $50,000.

The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.