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Complexity within the insurance industry is exacerbated by climate change.
May 16Sure -
Confronted with climate change, digital transformation and shifting consumer expectations, the insurance industry is hustling to adapt to meet new demands.
May 15 -
Suggestions for how property insurers can accomplish effective low touch claims processing.
May 13itel -
California Governor Gavin Newsom said he wants lawmakers to expedite the approval process for insurance companies seeking to hike rates, saying an overhaul of the state's market is taking too long.
May 13 -
There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.
May 10 -
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
April 25 -
Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.
April 22 -
There is a disconnect between today's insurance frameworks and the financing needed to invest in adaptation and mitigation measures.
April 11ACTUAL -
An increase in severe storms and a larger number of high-severity claims is causing longer wait times, which is impacting customer satisfaction, according to the J.D. Power 2024 U.S. Property Claims Satisfaction Study.
April 1 -
Cost of property coverage rose more than 55% over the last five years and it'll likely keep rising through 2024, a report from Guaranteed Rate found.
March 14