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The strategy in question is tied to insurance-linked securities, which are dominated by catastrophe bonds (often dubbed cat bonds).

The conglomerate reported fourth-quarter operating earnings of $8.48 billion on Saturday, versus $6.63 billion for the same period a year earlier, helped by an increase in insurance underwriting earnings and investment income amid higher interest rates and milder weather.

The best three states had an average of 389 cyberattacks per 100,000 people in the five-year period from 2018-2022.

Increased cyberattack risks due to Gen AI is convincing many types of commercial enterprises to get cybersecurity insurance coverage.

The home maintenance and management company Fixle, incubated by American Family, will retain the support of the insurer's venture capital arm as a minority investor.

NAIC shares 2024 strategic priorities and other insurance legal news out of Georgia and Florida.

How will the events of 2023 affect 2024 when it comes to collision claims?

A unanimous decision by the U.S. Supreme Court directly affects the use of choice-of-law clauses for marine insurance policies.

The frozen rain pellets which can destroy roofs, sidings and windows were responsible for the largest percentage of insured loss last year.

Insurers should look at governance policies, operations methods and modeling to pre-emptively keep bias and drift out of AI handling of underwriting and pricing, an expert on the technology recommends.