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These are the trends expected to influence commercial auto insurance in 2024.
For now, the onus is on insurers and insurtech companies to ensure AI does not cross ethical boundaries.
The rule, which goes into effect in 2029, is expected to save at least 360 lives and prevent at least 24,000 injuries annually.
Will the supply chain disruption drive up new and used vehicle costs as well as auto part prices?
Insurance industry news from Orion180, PeppercornAI, HCI Group and more featured in weekly update.
Greenbaum reflects on the digital transformation of insurance after four decades in the industry.
The transportation department's updated rules will provide automatic refunds for cancelled and significantly delayed flights.
This period marks a turning point for commercial property coverage, with easing and increasingly flexible options available to buyers.
The renters insurance market was worth around $4.5 billion in 2023.
A customer-centered approach with simpler terminology may boost add-on policy sales.
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