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Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.

Recent sales statistics indicate the electronic vehicle market is down but not out.

The effects of climate change are putting some states that have historically had lower premiums in the line of fire for more frequent and severe weather events.

The average U.S. driver travels around 13,450 miles each year, Insurify reported.

This executive's career path illustrates what is possible when insurers purposefully recruit talent from outside the industry.

Around 7% of all homeowners in the U.S. are uninsured, according to the Consumer Federation.

More than 30% of homeowners with internet say they would switch insurers to get smart home devices for safety and security.

Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.