Property and casualty insurance

Five ways technologies and revised processes are helping insurance organizations better predict and protect.

Forty-three percent of homeowners insurance customers who experienced a premium increase and say they are unlikely to renew cited the rising rates as the main reason.

A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.

Larger states are more likely to have funds for prevention of natural disasters and responses to these events, says Chip Merlin, an attorney who represented Hurricane Katrina survivors.

Upstage, founded in 2020, recently completed a funding round with backing from Amazon, validating its customizable solution for extracting information from documents.

The report, cowritten by the U.S. Chamber of Commerce and the Chamber's foundation, predicts job losses and lost economic activity, but sees prevention potential from public-private partnerships.

Everest Reinsurance names chief underwriting officer, more career moves.

The home insurer's objections to an in-person public hearing with regulators are dismissed by a California administrative judge, along with efforts to separate and postpone wildfire claim handling complaints from the rate hearings.

Real technology transformation focuses on outcomes that are measurable and matter to the customer.

Trinidad Navarro, insurance commissioner of Delaware, urged the National Association of Insurance Commissioners to continue developing a nationwide platform where insurance consumers can look up disciplinary and regulatory actions against agents.