Subject Root Tag

U.S. life insurers have shifted more of their general account risk to entities abroad than in the U.S. as of year-end, the first time that offshore reinsurance hubs have overtaken domestic ones for that business.

As insurers modernize their products and operations, delivery capability is becoming a key differentiator.

It's the third year convective storm losses have exceeded $50 billion, according to the report, Severe Convective Storms: State of the Risk from The Insurance Information Institute.

AI is making fraud more sophisticated and harder to detect.

Experts on insurance information and actuarial modeling say AV risk assessments have to be made with incomplete data, making it more difficult to price coverage accurately.

Researchers examined more than 580,000 municipal bond issues and say the data shows communities with higher wildfire risk pay higher interest rates.

According to Root Insurance research, over 75% of consumers are frustrated with outdated auto insurance pricing.

Moving beyond a model centered on reimbursing claims to one that supports healthier outcomes earlier in the pet care journey.

A team of former Credit Suisse bankers is preparing to launch a fund they say will offer double-digit returns in exchange for taking on some of the insurance risk tied to data centers.

The state's administrative law office will decide whether to accept Commissioner Ricardo Lara's changes to a law passed as a referendum in 1988, which allows consumer advocates to be compensated for their work.

Federal and state disability legislations support pets at the office, from dogs and cats to horses and monkeys.

Nearly half of respondents say if these payments rise, it would make it difficult to meet their mortgage obligations, according to The Zebra.

While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.

Nationwide names new cyber lead and IBHS expands wildfire prepared program, plus more insurtech news.

Is technology advancing faster than data centers can be built? Should a server farm have its own nuclear power supply? Questions like these create unique insurance scenarios, say executives from Willis and Novidea.

Panic-button technology is empowering workers in high-risk environments to alert first responders, supervisors and loved ones in the face of growing threats.