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Cloud giants are making major investments in generative AI and large language models. Their financial services clients are mostly in test-and-learn mode.

The problem is clear: Existing weather is visibly outrunning our combined efforts to stem global warming. Humans are losing the race against heat.

The proposed new insurance plan is intended to protect the Southeast Asian nation from infrastructure losses caused by natural disasters.

Yellen, who also chairs the Financial Stability Oversight Council, said that a spate of extreme weather events is causing insurers to raise rates on homeowners.

Rebuilding artificial intelligence algorithms to explicitly integrate transparency and overcome black box limitations.

From baseball cards to decoy ducks — how to protect your clients' alternative investments

The most expensive five states have an average annual insurance premium for 16- to 19-year-old teenagers of $4,496.

Releasing an ESG report prepares you to address potential risks hidden in operations.

Farmers Insurance's latest effort to reduce risk by not renewing Georgia homeowner policies was flagged as illegal by Georgia's Insurance Commissioner and forced to be retracted.

The top five cars have an average annual insurance premium of $1,841.

At too many accounting firms, no one knows what their technology teams are accomplishing.

The National Association of Insurance Commissioners has issued guidance to insurance companies about existing laws and governance requirements they need to follow as they develop and use AI models. Experts say it's a good first step.

Major firms cite costly devastating hurricanes and widespread litigation against the industry as reasons to sunset policies for an unspecified number of property owners.

The least expensive five states have an average annual insurance premium for 16- to 19-year-old teenagers of $992.

The rules would make it harder for insurers to skirt a federal law that requires them to offer the same type of coverage for mental-health issues as for physical ones.

In other news: Nationwide launches digital platform Pet HealthZone and Bain Capital Insurance closes its 1.15B inaugural private equity fund.

As of March 27, 2023, the top five insurance companies had an average workers' comp market share of 5.55% and a combined marketshare of 27.76%.

The nation's most flood-prone counties experienced a net influx of about 400,000 people in 2021 and 2022, Redfin found.

Consumers preferred to share data using smart devices in the home: 45% said they are happy to share information via Amazon Alexa, Google Home and the like. A little over a third of consumers (36%) said they were willing to share data through wearables or fitness health tests.