Property and casualty insurance

Insurance industry advisors and groups say the INSURE Act proposal for a catastrophic reinsurance program won't solve rising prices and coverage crisis.

More than six months after the LA catastrophe, officials have yet to complete regulations as wildfires burn across the state this week

EY's insurance expert, Isabelle Santenac, spoke with Digital Insurance about how insurers are managing technology advances, as well as increasing climate and security risks.

A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.

Combining quantum computing with AI will transform them into an exponential problem-solving power, redefining risk assessment, claims and pricing.

(Bloomberg) --A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May.

Technology developed at Genpact starting in 2019 applies computer vision to claims processing.

AI can improve productivity by deploying tech alongside insurance industry knowledge workers.

Markel sells reinsurance renewal rights to Nationwide and more insurance news.

California's insurance regulator and a consumer advocacy group continue battles over the funding of the state's home insurer of last resort, and other issues.

Insurance companies must rebuild transparency with the people and businesses they serve.

Actionable strategies for insurers to enhance loyalty.

Younger consumers prefer digital insurance experiences creating challenges and opportunities for the industry.

The state's insurer of last resort has taken on more policyholders that private insurers deem too risky. The strain on the plan, worsened by the January wildfires, led the state's regulator to allow an assessment on policyholders to cover the higher risks.

David Larson, U.S. head of loss control & risk management services at Ascot Group, on how tech can impact weather forecasting and natural disaster preparedness.

Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the protection gap.

States warn that eliminating the BRIC program could leave rural areas vulnerable to extreme weather.

Figures released by the state's insurer of last resort show double digit percentage increases over last fiscal year, and triple digit percentage increases since four years ago.

While one partnership aiming to apply AI to home insurance claims adjustment fell short of creating the capability, factors such as workforce management and the difficulty of making AI adjusters also restrain the possibility.

Nationwide purchases Allstate Stop Loss for $1.25 billion and Munich Re acquires Next Insurance for $2.6 billion, plus more news.