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MGAs and TPAs must now enhance their compliance frameworks, operational processes and cybersecurity.
The company is among industry leaders ready to assist as agents and brokers navigate emerging tech tools.
Insurance companies can now integrate applications and create new services more easily than was possible before.
Social inflation is taking hold at different rates in different states. Four states house the largest jury-award increases overall.
Under Hawaii law, insurance-policy customers must be "made whole" before insurers can demand reimbursement.
Ninety-nine percent of insurers are investing in GenAI to cut costs and increase revenue, EY-Parthenon reports.
Outdated systems continue to hinder insurer innovation, operational efficiency and customer satisfaction.
When money is no object, homebuyers continue to seek out coastal communities rife with natural beauty and outdoor recreation.
What happens when insurance companies set aside millions for insured disasters that didn't occur?
The sheer scope and scale of the Games leave them open to the unexpected.