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Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.

Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.

Much like flooding, earthquakes are not typically covered by a standard home insurance policy.

In the first half of 2023, drivers in the United States struck and killed 3,373 pedestrians, according to data from the GHSA.

ComPsych data shows that within the past six years, mental health-related leaves of absence have increased a shocking 300%.

Insurance industry news from Arch Insurance, NFP, PCF Insurance Services and more featured in weekly update.

Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.

Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.