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These are the trends expected to influence commercial auto insurance in 2024.
Cannabis regulation is now top-of-mind in Washington, D.C. Pot reclassification could shake up its insurance outlook.
The rule, which goes into effect in 2029, is expected to save at least 360 lives and prevent at least 24,000 injuries annually.
Allstate is the first major insurer to hint at resuming business in the state.
The transportation department's updated rules will provide automatic refunds for cancelled and significantly delayed flights.
Generative AI agents complement human insurance agents by doing the 'grunt work,' so they can focus on empathy and connection with policyholders.
Despite pleas from the feds not to pay, UnitedHealth admitted it paid threat actors to "protect patient data."
Additionally, RIMS inducted Tata Consumer Products' Mrunal Pandit to its Risk Management Honor Roll.
A customer-centered approach with simpler terminology may boost add-on policy sales.
AI-based monitoring programs may prevent or mitigate the losses facing cyber insurers and policyholders in the coming years.
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