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M&T Bank, Truist Financial and Eastern Bankshares are among the banks that have sold all or part of their insurance subsidiaries over the last year. Though the price is right, analysts warn that when interest rates decline, sellers will be without a key source of fee income.

Climate modeling and data collection technology is just beginning to catch up to the demand for pinpoint accuracy in property risk assessment.

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

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

Financial institutions must adopt a tech mindset that aligns with – and promotes – broader enterprise goals.

Lenders could gain efficiencies from advances in artificial intelligence as the related development of alternative data potentially opens up the market to more borrowers, but hurdles exist.

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

Artificial intelligence is providing insurers with the tools they need to accurately model cyberattack scenarios and develop more precise risk assessments.

The convergence of more frequent weather events that affect more people plus higher customer expectations make now a great time to get ready to communicate with the masses.

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.

The most risky five states have an average liability insurance requirement of 20/40/15 (in thousands of dollars).

Digital Insurance has named 15 honorees for this year's Women in Insurance Leadership award and five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. You can find those profiles, here.

Digital Insurance has named five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. Additionally, we have 15 honorees for this year's Women in Insurance Leadership award. You can find those profiles, here.

In the six states where credit score matters the most, a driver with no credit pays on average 94% more for car insurance than a driver with exceptional credit.

Extreme weather events, rising inflation and a constantly-evolving risk landscape are just some of the challenges Sansone uses technology to tackle.

The Women in Insurance Leadership honoree also launched Cake Insure, a technology subsidiary of Pinnacol that allows small business owners to provide workers' comp insurance for employees.

Brown's approach to diversity in business allows firms to compete on equal footing with larger competitors, which increases collaboration and yields stronger business results.