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Policyholders can take steps to prevent their policy premiums from climbing due to preventable claims.
The climate strategy was developed under the coordination of the NAIC's Climate and Resiliency Task Force.
Scott Ewing of AXA XL Risk Consulting discusses modern loss prevention measures for commercial properties.
Cyberthreat actors are increasingly using AI to perpetuate fraud, the U.S. Treasury Department reports.
Countries that rank among the top 50 most resilient nations recover from property losses 30% faster than other locations, FM Global reports.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
The latest insurance industry personnel news from Safety National, Novidea, USQRisk and more.
Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.
Andreas Berger is succeeding Christian Mumenthaler, who is stepping down on July 1, 2024.
Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.