Insurance

An increase in severe storms and a larger number of high-severity claims is causing longer wait times, which is impacting customer satisfaction, according to the J.D. Power 2024 U.S. Property Claims Satisfaction Study.

Insurance payouts for Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd's of London Chief Executive Officer John Neal.

Telematics data class action; NHTSA grants for state crash data collection and more legal news.

With its checkered history of risk placement process modernization fading away, the London Market is now pushing towards a bright new data future.

A series about Insurtech 2.0 as an evolution and movement, the data management foundations, and how advances will improve claims and underwriting.

A tanker bound for Sri Lanka hit a pylon on the Francis Scott Key Bridge in Baltimore, causing it to collapse in seconds. What are the insurance implications?

This will be the first spring outlook since 2021 where there are no communities at risk of significant flooding, according to climate forecasters.

The jury is still out on whether the California insurance regulator's plan to let insurers use catastrophe modeling for rates will make wildfire loss coverage more widely available.

In partnership with the United Nations Capital Development Fund (UNCDF), Lloyd's will run parametric insurance training workshops in Papua New Guinea and Fiji.

The insurtech targets underwriting efficiency and accuracy through generative AI-powered tools.