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Insurance companies should be transparent about AI models and their data processing, industry advisors said.
May 19 -
Owen Williams, associate product manager, focuses on how IoT technology is shaping risk management practices.
May 18 -
Consumer Watchdog says increase was not justified, while insurance commissioner points to concessions gained from the insurer.
May 13 -
Congress and Trump Administration calls for elimination of Federal Insurance Office and FEMA, if successful, would ripple through insurance and banking industries, say climate financial risk policy experts and officials.
May 11 -
An in-depth look at how risk managers are using technology to assist in managing property, auto and other types of risks in their portfolios.
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Half of U.S. states allow the method of marketing to cyber security policyholders and clients, which has potential to reduce the impact of cyber incidents, according to research by The Institute for Security and Technology (IST).
May 7 -
The aging global population will shift the insurance industry by 2050, according to a new report from The Capgemini Research Institute.
May 6 -
Clearwater Analytics acquires Beacon; Earnix buys Gen AI provider, plus more insurtech news.
May 5 -
Berkshire's Vice Chair of Insurance Operations Ajit Jain said Geico reduced the insurer's headcount from approximately 50,000 to roughly 20,000, though he didn't specify the time period for the reductions.
May 5 -
Representative of the state's insurance industry tells regulator that insurers have to pass on the cost to stay solvent. Comments on the proposal are open through May 5.
May 2