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The California Department of Insurance, responding to consumer advocate groups' criticisms, issued a plan that its commissioner says will keep rate increases in check.
August 12 -
Wildfires burned over 4.5 million acres nationwide in 2024, according to the National Interagency Fire Center.
August 7 -
California consumer advocacy group Consumer Watchdog says the state's insurance regulator went beyond established norms for certifying its right to funding by adding industry comments critical of the organization.
August 7 -
Only 27% of Gen Z adults can define "deductible," according to the NAIC, and more than half feel overwhelmed when dealing with insurance.
August 5 -
Harnessing technology in the right way can be a competitive advantage for carriers as the pace of change accelerates.
August 4
Pinpoint Predictive -
California insurance regulator's changes to "insurer of last resort" plan promises to shore up carriers participation in the state's market, but Consumer Watchdog says it absolves their responsibilities.
August 4 -
Damages from U.S. natural disasters contributed to 80% of global insured losses in the first half of the year.
July 31 -
The startup insurtech, backed by Saw Mill Capital Partners, ties together several homeowner roof claims repair companies, mostly in the Southern U.S.
July 31 -
The latest loyalty indicator and shopping trends (LIST) report from J.D. Power, in collaboration with TransUnion.
July 29 -
Eight other candidates jumped in before filing deadline to challenge frontrunner Patty Kuderer
July 29 -
While insurers like State Farm General Insurance Co. and Allstate Corp. are retreating to avoid costly fire damage claims, Delos is going all in.
July 29 -
Insurers look to a streamlined claims process for customer experience improvements and increased operational efficiencies.
July 25 -
The property and casualty insurance broker closed an IPO raising $187 million.
July 22 -
More than 7 million homes in the US are already exposed to fire risk, a figure seen climbing to nearly 13 million over the next 30 years, according to a 2022 study.
July 15 -
The agency is stretched thin with a record number of billion-dollar catastrophes and a mission that's expanded to cover Covid-19 and the migrant care crisis.
July 12 -
Speaking at a June 26 public hearing on California's Sustainable Insurance Strategy, insurers pushed for accelerated wildfire model reviews and called the proposal unsustainable, while consumer advocates and others supported more transparency in its models.
July 8 -
Zurich and Aon launch clean energy insurance facility and Mercury expands virtual home inspections, plus other insurtech news.
July 4 -
Using data & AI to drive transformation in the P&C insurance industry.
July 4
LatentView Analytics -
The rapidly increasing expectations of policyholders and agents have accelerated the need for transformation.
July 1
InvoiceCloud -
Embedded insurance is providing carriers with a range of practical coverage options for multiple risks.
July 1
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