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This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.

The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.

Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.

With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.

Insurity released the results of its 2024 AI in Insurance Report, revealing 63% of respondents had a positive AI experience with their insurer.

Cyber criminals are already using these tools to groom and streamline so-called 'social engineering' attacks.

Devices in the workplace can increase employee engagement in safety programs.

More than half of insurance investment professionals expect to increase allocations in private equity and private credit in the coming years.