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Insurance brokers are seen as attractive targets for private equity thanks to their asset-light business models and the fragmented nature of the industry.

Until now, some paying customers have been blocked from accessing the feature known as FSD because they didn't score high enough on metrics Tesla uses to set insurance rates.

The US insurer is working with Bank of America Corp. on the possible divestments, which could fetch more than 1 billion euros ($1 billion), according to the people, who asked not to be identified because the discussions are private.

Digital Insurance spoke with Eric Sellenberg, technical director, Zurich North America.

Auto and property rates in the third quarter of 2022 were also influenced by inventory changes, Hurricane Ian, and recession fears.

Also: Hub and cannabis, Ford and UBI

The initiatives at the top of insurers' agendas in 2022 include those involving data and analytics.

The groups are utilizing a blockchain technology known as Provenance, which serves as a ledger to issue and transact across private investments.

Underwriting technology company shifts focus to workbench product

The change, effective Dec. 21, is being put into place two years after it was first proposed.

Vulnerable nations had asked for a new program to provide technical assistance and funding as they deal with more intense droughts, storms and other weather events exacerbated by the Earth's warming.

Usage-based insurance models stand to cut costs for both insurers and the insured.

Digital marketing and social media tactics have slowed down.

Jessica Mann of Tinubu discusses the surety insurance industry and its need to digitally evolve.

The partnership will provide Nationwide with access to electronic health data.

AI and ML can find patterns in data, but when they're trained on biased data, they can compound the issues and perpetuate a self-confirming data bias cycle.

Climate-tech venture funding is holding strong , according to the latest figures from clean energy research firm BloombergNEF.

Turkey warned the world's oil shippers they will need to prove they're insured to cross the country's vital straits, a move that could restrict flows of Russian oil as new European sanctions kick in.

Checking in on what happened this year and how things will change going forward.