Economy

MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.

A new AI-powered platform can protect businesses from the impacts of costly power outages.

California hospitals will be forced to close if they don't complete earthquake safety upgrades by 2030. Gov. Gavin Newsom vetoed a bill to extend the deadline.

Gary Hallgren, president of Arity, shares insights into the misconceptions drivers hold and how technology and data analytics can drive positive change in driving habits.

The increased use of solar energy also creates some new risks that could affect coverage according to a new report from Allianz.

Business owners curious about their cyber vulnerabilities should consider taking action.

Insurers are turning to new technologies and services to make cyber resilience part of their cyber insurance program.

The benefits of adopting a commercial lines quoting solution to simplify the quoting process.

New York's insurance regulator issued a damning report laying out the severe financial condition of the city's largest insurer of taxis and for-hire vehicles, as well as dozens of potential financial improprieties and accounting problems.

But the purchase business that brings in three times the fee size as refinancings will be the driver of the improvement for the publicly traded title underwriters.

The Hiscox People and Programs report found 26% of small businesses are using artificial intelligence and 75% plan to implement the technology over the next two years.

Digital Insurance reached out to insurance professionals about trends related to workers' compensation insurance.

Some farming practices aren't protected by federal crop insurance.

As social media continues to grow, businesses have turned to different platforms to promote their products. This advertising strategy can have unintended consequences.

The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.

Disputes about insurance liability for cybersecurity software failures bring up possibilities for public policy and regulation.

Complexities in coverage that is offered, along with cost, keeps some from having adequate or even any coverage.

Recent high-profile incidents show how cybercrime crews are increasingly turning to more sinister techniques to try to bend major companies to their will, abetted by new technology.

There was an increase in cases involving business liability, business interruptions and non-hurricane homeowners policies, according to LexisNexis company, Lex Machina

Over three-fourths, 76%, of consumers have reviewed their insurance policies in the past six months or plan to do so by the end of the year, according to Nationwide's 2024 Economic Impact research.