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Technology developed at Genpact starting in 2019 applies computer vision to claims processing.

When it comes to disbursements many insurers are still relying on outdated processes.

AI can improve productivity by deploying tech alongside insurance industry knowledge workers.

Markel sells reinsurance renewal rights to Nationwide and more insurance news.

More powerful storms and pricier building costs are behind the increases in premiums, said the report's authors.

SMBs flock to group captives because they promise large group purchasing power, lower pricing volatility and greater transparency into claims and data.

Research from Digital Insurance on the cost of artificial intelligence.

Catching fraudulent claims has become much more complicated than detecting doctored images. Fraud can be found in correlations of medical treatment data, legal representation and adjuster evaluations, experts said.

California's insurance regulator and a consumer advocacy group continue battles over the funding of the state's home insurer of last resort, and other issues.

The insurance company has now added cancer diagnostic tests for colorectal and breast cancer to their benefit offering.