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An Earnix survey reveals that most insurance leaders plan to use machine learning in pricing and underwriting.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.
Swiss Re is forecasting a much more favorable 2024 for the industry, predicting strong premium growth of 7% for the year.
Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.
Sara Kane of CAC Specialty delves into insurance and risk trends in power and renewable energy in 2024.
Examine the prominent obstacles and emerging advancements anticipated to influence workers' compensation and the wider P&C market in the year ahead.
According to data from the Federal Reserve, the number of U.S. households with net assets over $1 million grew 63% from 2019 to 2022.
Winter weather caused $64.1 million in property damage in the United States in 2022, according to ValuePenguin.
The same risks that are making insurance more important are also making it harder to get.
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