Private insurers, he added, have been able to respond more quickly to shifting weather patterns and emerging flood exposures. “I…
Browsing: Insurers
Evolving threats and inconsistent policy language are exposing critical weaknesses in cyber insurance
Delta Dental Insurance Co. (DDIC) and Delta Dental of New York, Inc. (DDNY) will pay a $2.25 million penalty for…
Cancellation notice cited an FMCSA revocation that hadn’t happened yet
Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new…
Japan and Korea insurers have shown unprecedented demand for M&As and strategic investments overseas in the past few years, targeting…
The bill may also influence how some policyholders and their advisers think about coverage gaps and deductibles. If uninsured losses…
In another win for auto insurers, a federal appeals last week struck down a proposed class-action lawsuit over the methods…
A Los Angeles Times analysis found that in the Palisades and Eaton fire zones alone, FAIR Plan enrollment nearly doubled…
Aligning electronic data submission requirements for prior authorizations is one prong of the insurance industry’s commitment to reform the unpopular preapprovals.
Insurers, including Aviva, have publicly discussed the use of generative AI in areas such as customer service, underwriting support and…
A 1-in-100-year hurricane event in New York City could cost insurers more than $100 billion, according to an analysis by…
At the heart of the matter is the Portland Harbor Superfund Site, where PacifiCorp says it has incurred losses tied…
The idea that AI tools can help plaintiffs’ lawyers to improve finely tuned litigation strategies that ultimately drive insurance company…