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Discover why the surplus lines sector has been growing its California home insurance market share in recent years.
The results underscore the industry's ongoing hard market conditions.
Fewer than half of industry execs consider their companies 'advanced' in the main areas of business evolution.
Data from Insurity's 2024 AI in Insurance Report show consumers are against AI in underwriting and claims management.
Insurers now issue stricter policy language and insert more sub-limits and exclusions into cyber coverage.
Auto policy shopping has become more active, as the number of customers "just browsing" quotes has dropped.
Many claims pain points stem from ineffective communications and a failure to cut through the complexity of the claims process.
This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
A new study underscores the idea that many workers continue to use unsecure personal devices for their jobs.
Homeowners in the Golden State must navigate insurance instability and uncertainty with care.
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