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As the insurance industry ushers in the Insurtech 2.0 era, carriers must build an agile business landscape rooted in innovation.

The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.

A recent panel of scam-fighting experts detailed the role agents and brokers play in stopping insurance fraud.

As vehicles advance toward autonomy, insurers will face tougher questions about accident responsibility, according to a panel discussion at the 2024 Complex Claims and Litigation Forum.

Insurance carriers are starting to get on top of rate adequacy challenges, with some closing in on target profitability.

This year, homeowners in catastrophe-prone areas can expect rate increases of as much as 25%, Alera Group reports.

The association will continue advocating for pre-disaster mitigation funding and offering state regulators scenario analysis resources.