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AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.

Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.

Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.

Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.

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.

Employers are not immune to employment liability exposures just because some or all employees work remotely.