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Eight property and casualty insurers have recently been approved to enter the Florida market.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.
In the first half of 2023, drivers in the United States struck and killed 3,373 pedestrians, according to data from the GHSA.
Andrew Sabolic of the WCI discusses the organization's work and what makes an excellent workplace safety program.
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.
Most auto and homeowners insurers are using AI tools in their marketing efforts to reach new policyholders.