Economy

Quanturi's HAYTECH monitoring system prevents crop damage

New solution applies AI to better assess damage for appraisal accuracy.

Carlyle Aviation leased 23 planes to Russian airlines, including Izhavia and NordStar, and tried to repossess and relocate the aircraft as soon as Russia's invasion of Ukraine began on Feb. 24, the company said.

Progressive scored second and Nationwide was third.

Steph Tulley, founder and CEO of the Tampa-based insurtech, says the area is a good place for the industry.

The most common concern about telematics is the data being used against a driver for legal purposes.

USAA teams up with Humana; Blackstone partners with Resolution Life; and more news.

Insurance needs can vary depending on the business.

The collaboration includes new custom-built solutions and claims expertise, and protects drivers whether they are on or off the clock.

Insurers and insurtechs use cloud and AI to detect threats to crop yields.

Telematics shifts the conversation to both price and value.

Telematics can make customer acquisition and retention smoother and less costly.

Roadside assistance has an outsized effect on the customer experience.

Global leaders Daimler Truck Holding AG and Volvo AB are joining dozens of commercial-vehicle makers in Germany this week.

Nonprofits are experiencing higher costs and greater restrictions on coverage.

While traditional carmakers have been quickly retooling factories to make EVs and investing heavily in battery-making capacity, their software efforts appear more hit-and-miss.

Potential homebuyers who reviewed property listings that included flood risk were less likely to look at and bid on homes in areas with a severe risk of flooding.

Crash detection technology has the potential to save lives and reduce claims expenses.

The 2022 U.S. Small Commercial Insurance Study reports that overall small business insurance customer satisfaction has increased.

Pilot Co., which is owned by Berkshire Hathaway, agreed to take a stake in Kodiak Robotics Inc., a driverless truck startup.