Insurance

The annual loss could rise to $151 billion from the average annual loss of $106 billion reported over the past five years, according to the analysis by Verisk, a risk modeling firm.

CAC Specialty's Michael Prindle, SVP and leader of complex property, shares his insights.

Tips for agents as they help consumers navigate the current landscape.

AI and machine learning make it easier and more effective for disability insurance customers to engage digitally.

The rate hike, which will take effect from November, will impact about 350,000 policyholders across California.

As high temperatures break records around the US and wildfires rip through the West, another climate-driven weather hazard — extreme rainfall — is pummeling the country's Northeast and scientists say it will get worse as the climate changes.

The quest for money-saving alternatives reflects a rapid run-up in insurance premiums in recent years, driven partly by the rising cost of car parts and repairs.

Rather than dumping more money into antiquated, ineffective tech, it seems the rational argument would be for business leaders to purchase modern technology.

Ameritas' new SVP, chief actuary, underwriting and Maryland gets new insurance commissioner, plus more career moves.

A survey by Travelers explored what areas concern industry CFOs and what gives them the most optimism for the future.

GenAI is changing how underwriters manage and utilize unstructured data.

Understanding the connection between PUIDs, geocoding and address verification is crucial for property and casualty insurance carriers

Swiss Re AG's first-half net income beat estimates, as the re-insurer avoided higher claims from natural catastrophes that have impacted the broader insurance industry.

Thunderstorm alerts are in place for a swath of Europe from Poland and Hungary to Italy and Greece.

LIMRA data reveals the types of life insurance programs that Americans are interested in.

Using AI in the aviation sector can help optimize flight paths for fuel efficiency and on-time performance, and suggest the most efficient routes to save time.

Grievances surfaced in July, after it emerged that Jamaica's catastrophe bond wasn't triggered by the devastation wrought by hurricane Beryl.

Insurance consumer advocates want the association of state insurance regulators to share the data on home insurance collected recently from insurers, to better address an affordability crisis.

Switching to rooftop geocoding is a smart move for insurers, especially when paired with persistent unique identifiers.

Drivers in these 20 American cities speed the least, brake more softly, and aren't as glued to their phones while behind the wheel.