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An Earnix survey reveals that most insurance leaders plan to use machine learning in pricing and underwriting.
The 2024 Cybersecurity Benchmarking Survey shows top cyber concerns for insurers and policyholders.
Insurers now issue stricter policy language and insert more sub-limits and exclusions into cyber coverage.
Auto policy shopping has become more active, as the number of customers "just browsing" quotes has dropped.
This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
The owner of the cargo ship involved in Baltimore's bridge disaster declared 'general average.'
The plaintiffs intend to file a bad-faith suit in the case after their insurance company repeatedly refused to tender its policy until shortly before trial.
The deadline to nominate is now May 1, 2024.
High winds from these storms reportedly cut power to more than 250,000 customers across the south on Wednesday.
Insurance companies are in a unique and powerful position to influence behaviors.
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