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Insurers still using legacy systems could be more exposed to growing cyberthreats, Earnix noted in its 2023 industry trends report.

State Farm alleges the fraud scheme operated for more than a decade.

Sending cancellation messages via text message on the day of renewal reduced cancellations by 52%, insured.io reports.

Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.

Instantaneous auto accident reporting reduces loss costs by $800-$1,025 per claim, Agero reports.

It's a tough time for insureds to plan for unpredictability or disruption due to political headwinds, says Markel's Andrew Umphress.

National Cybersecurity Awareness Month is an opportune time to survey the year's biggest cyber breaches.

The company's office manager is also accused of multiple felonies for her role in the scheme.