Insurance

The Atlanta-based mileage-based auto insurance startup confines its criteria to odometer readings, rather than intrusive installed telematics devices. It has collaborated with Porsche to create a unique coverage offering for the automaker's customers.

Debunking four common misconceptions about life insurance.

The top five insurance companies have an average annuity market share of 5.82% as of December 31, 2023.

The rapidly increasing expectations of policyholders and agents have accelerated the need for transformation.

Embedded insurance is providing carriers with a range of practical coverage options for multiple risks.

Advocates and critics weigh in on condo title-risk mitigants that cost less upfront than traditional insurance as climate risks add to broader coverage costs.

Zach Gordon, who manages homeowner claims professionals at CSAA, leverages technology to evaluate claims more accurately, better manage claims disputes and communicate with contractors.

Progressive scored first overall for online user experience in the Q2 2024 Online Insurance Scorecard from Keynova. State Farm and USAA tied for second.

Climate change is now a third-party player, and it's changing the rules of the game.

NAIC's project to classify insurers' bond holdings brings quick response from the data provider, launching its classification solution.

Bryan Davis, EVP and head of VIU by HUB shares how brokers are utilizing technology and details its impact on the customer experience. 

Swiss Re Institute predicts life insurers will gain $1.5 trillion of savings premiums over the next decade, reaching about $4 trillion in savings premiums by 2034.

There was an increase in cases involving business liability, business interruptions and non-hurricane homeowners policies, according to LexisNexis company, Lex Machina

Consumer Watchdog says California wildfire insurance coverage proposal lacks benefits for residents.

Adam Lantrip, SVP, professional and cyber solutions practice leader at CAC Specialty, shares how businesses can defend themselves and ensure adequate coverage in the event of a breach.

New York Life announced Alain Biem in the newly created role of chief data science officer.

Western utilities and beyond are finding it prohibitively expensive, if not impossible, to insure against potential fire-related claims. The issue will become more pressing as climate change makes droughts more intense and frequent, heightening the chances of more destructive infernos.

California's lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the U.S.

Part 1 of this three-part series examines how AI is changing virtual inspections.

Rising costs and lengthy claims processes are persisting, in part due to shortages and increasing attorney involvement, according to the 2024 LexisNexis Auto Trends report.