Insurance

AI is just an algorithm that learns based on human tasks, and humans make mistakes.

CCC has been working with an adviser to explore a potential sale and other possible buyers have been circling, said the people, who asked not to be identified because the details are private.

There were about 40 funding events in the insurtech sector in September, according to a review by Digital Insurance.

The path to more effective hurricane preparedness lies in proactive planning, automation, and the efficient utilization of data and analytics.

Three steps to set the stage for easier connectivity to the tech platforms that agents can use to quote commercial insurance.

The least risky five states have an average liability insurance requirement of 31/62/50 (in thousands of dollars).

Insurers' tech strategies have expanded but enterprise-level policy administration systems remain a vital backbone.

Application programming interfaces act as intermediaries between back-end systems and technologies.

Both commercial and homeowner insureds may have to turn to parametric insurance to cover losses as carriers leave markets and force states to cover the burden.

The top three infractions have an average insurance premium increase of 103% after the infringement.