Organization Root Tag

AI-backed detection tools contributed to a significant spike in the dollar amount potentially saved from fraud this year, according to the Treasury Department.

Liberty Mutual partners with Jaguar Land Rover; AIG expands Atlanta presence, plus more insurtech news.

US insurer MetLife Inc. is in advanced talks to buy PineBridge Investments' assets outside of China, people familiar with the matter said, in a deal that could be valued at $1 billion to $1.5 billion.

Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving fleet.

According to MetLife's annual Triangle Tech X (TTX) report. Sixty percent of women are likely to say they find a STEM career attractive.

Total insured wind and flood losses are predicted to be between $10.5 billion and $17.5 billion, according to CoreLogic. Earlier estimates placed the cost of insured damages between $3 billion and $5 billion.

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

Federal Reserve Gov. Lisa Cook called for weighing the costs and benefits of artificial intelligence, and flagged bias and fraud as areas of concern.

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

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.

Melanie Kolp, senior vice president and chief technology officer of Technology Enterprise Solutions at Nationwide, leads the insurer's efforts to get the most out of Gen AI capabilities while ensuring regulatory compliance and data security.

In a landmark decision earlier this year, the Supreme Court addressed the valuation of shares in closely held corporations for federal tax purposes.

A Nationwide survey suggests independent insurance agents are embracing artificial intelligence to enhance customer experience.

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

Berkshire Hathaway Inc. became the first US company outside of the tech sector to surpass $1 trillion in market value.

The military-focused company, which operates an insurer and a $111.7 billion-asset bank, has tangled with regulators during Wayne Peacock's tenure. He will retire in the first half of 2025.

Three-quarters of business leaders expect increased return on investment for generative AI will increase in the next three years, according to a new KPMG survey.

The E&S-focused company, started by three former AIG executives, faces allegations of misappropriating trade secrets and confidential information.

The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.

The total insured wind and storm surge losses in Texas will be between $700 million and $1.5 billion, Corelogic estimates.