While generative AI tools offer immense benefits, they also come with legal risks. Insurance brokers, producers, and account executives need to be aware.

The global insurtech sector surpassed US$1.1 billion in new funding during the third quarter of 2023. This growth represented a 19.8% increase.

While certain geographies are experiencing a tightening of P&C capacity, especially in California, wineries in the region are feeling the sting more than most due to extreme weather events.

Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation.

For reasons unknown, California hot sauce aficionado Phillip White asked a federal court to dismiss his entire lawsuit over Texas Pete hot sauce.

Ms. Conaway’s first fraudulent invoice claimed she was hospitalized in Arizona and she received just over $10,000 in payment from the insurance company. After this apparent success, Ms. Conaway went on to file claims using forged invoices for hospitalizations in Florida and California.

The exodus of some insurers from states badly affected by catastrophic climate-related events represents an opportunity for the carriers that remain, but comes with a need to understand the potential effect it has on customer perceptions, according to the J.D. Power 2023 U.S. Home Insurance Study.

A California federal judge has ruled that a group of people who own cars made by Tesla Inc TSLA.O must pursue claims that the company misled the public about its autopilot features in individual arbitration rather than court.

Firefighters want every leg up they can get to knock out a blaze before it becomes an inferno. The California Department of Forestry and Fire Protection says it has a new tool to battle wildfires before they explode -- artificial intelligence.

California Gov. Gavin Newsom has vetoed a bill to require human drivers on board self-driving trucks, a measure that union leaders and truck drivers said would save hundreds of thousands of jobs in the state.

California is not the only U.S. state struggling with insurance availability and affordability, but -- as described in a new Triple-I Issues Brief -- its problems are exacerbated by a three-decades-old legislative measure that severely constrains insurers’ ability to profitably insure property in the state.

After a summer that saw many of California’s top home insurers pull back from the state market, Insurance Commissioner Ricardo Lara announced Thursday that he struck a deal with the insurance industry to encourage new coverage in the state.

Millions of American homeowners are confronting a growing financial dilemma as climate change-driven wildfires and floods push their home insurance rates to unprecedented levels. The situation is compounded when insurers decide to withdraw coverage.

San Francisco might not be the only California colossus in a so-called ‘doom loop.’ The property and casualty insurance market is experiencing a crisis of its own, and the consequences are dire for the entire state economy.

A rumored legislative deal aimed at keeping home insurance companies from bailing on California is dead now that the deadline for a bill has passed.