Property and casualty insurance

What began out of frustration with waiting to be verified to buy a car turned into an insurtech startup that now serves most of the U.S. for both auto and home insurance verification.

As elections may increase political violence, specialty insurance is crucial for businesses at risk of related damage or trade disruption.

With the retreat from globalization, insurers will have to adapt but it won't be easy.

Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.

The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.

The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.

AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief information officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.

Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.

Capgemini Research Institute's World Property and Casualty Insurance Report 2024 indicates insurance executives see the potential benefits of AI and ML but underwriters are concerned about overcomplexity and data integrity.

Laws against inducements and referral fees are among the obstacles for carriers looking to distribute coverage by embedding it in other channels.