Nearly 16% of U.S. drivers in 2022 were underinsured, unable to fully cover damages or injuries caused in accidents, highlighting a significant insurance gap.
With the adoption of NAIC’s AI framework by seven states, insurers face the challenge of implementing comprehensive AI governance and risk management programs.
An analysis reveals the U.S. cities most affected by insurance fraud, with Atlanta leading and diverse factors contributing to the issue across the nation.
As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
A Las Vegas jury awarded $130 million to five individuals who fell ill after consuming Real Water, marking a significant verdict against the bottled water company.
Innovative insurance solutions like surety bonds are transforming collateralization in the sports betting industry, marking a new era of financial flexibility.
The family of a British tourist receives a $100 million settlement for the 2018 Grand Canyon helicopter crash that resulted in five deaths, including the tourist’s.
After a lengthy pursuit, US Marshals arrest William Maze, the alleged leader of a vast insurance fraud operation, marking a significant breakthrough in the case.
At ITC Vegas 2023, experts discussed AI’s transformative role in insurance underwriting, emphasizing the need for trust and education in integrating this evolving technology.
Formula One enthusiasts file a lawsuit against Las Vegas Grand Prix organizers for forcing early exit before practice session, seeking $30,000 in damages.
MGM Resorts and Caesars Entertainment face severe fallout from major cyberattacks, highlighting the critical importance of cybersecurity in today’s digital age.
The Nevada Division of Insurance recently held a live webinar to provide the public with an opportunity to discuss the rising cost of auto insurance in the state.