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

Barclays estimated that insurers face claims of as much as $3 billion following the accident.

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.

Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.

Most auto and homeowners insurers are using AI tools in their marketing efforts to reach new policyholders.

A worker fell and hit his head on scaffolding erected on a trailer attached to a covered vehicle.

Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.