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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
The U.S., China and Japan would be the hardest hit if the hypothetical, but plausible, scenario unfolded, according to the London market.
Data privacy and cyber risks are the areas that cause the most worry around generative AI use.
At-Bay dives into the claims data to uncover ways organizations can enhance data backup strategies.
Insurers still using legacy systems could be more exposed to growing cyberthreats, Earnix noted in its 2023 industry trends report.
As it stands, the insurtech has roughly 170,000 home insurance policies in the state.
Illinois, New York and Ohio saw double-digit increases in the rate of stolen vehicles during the first half of 2023, according to the NICB.
Review what flood insurance does and doesn't cover as well as how 'flooding' is defined by the NFIP.
Sending cancellation messages via text message on the day of renewal reduced cancellations by 52%, insured.io reports.
The previous record of 1,862 compromises was set in 2021, the Identity Theft Resource Center reports. This year has seen more than 2,100 data-compromise events with three months to go.
Social and general inflation combined to push commercial auto liability payments higher by as much as $44 billion, Triple-I reports.