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Insurance industry news from Arch Insurance, NFP, PCF Insurance Services and more featured in weekly update.
Barclays estimated that insurers face claims of as much as $3 billion following the accident.
Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.
Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.
Many insureds want to install photovoltaic panels, but experts report inconsistencies in equipment valuations.
Unscrupulous towing operators have charged as much as $10,000 for a routine tow, the NICB reports.
This news comes on the heels of State Farm pulling back further from the California market.
Underwriters train AI agents to think like them, teaching the software to perform menial tasks, then larger projects.
The latest insurance industry personnel news from Accredited, BMS, CRC Group and more.
Philanthropic insurance news from Kansas Insurance.
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