
How Smart Homes Are Changing Insurance
Smart homes offer a vast array of benefits in: risk mitigation and prevention, data collection and analysis, personalized premiums, faster claims processing, home monitoring services, liability coverage, premium discounts, the environment and health and wellness.
September 6, 2023
Insurance Industry
Technology

The Future of Insurance According to Prominent Industry Leaders
In a study involving hundreds of prominent insurance leaders, Waterstreet has revealed a compelling vision of the future of insurance, shedding light on the transformative impact of insurtech innovations, artificial intelligence (AI), machine learning, and blockchain on the industry landscape.
August 30, 2023
Insurance Industry
Technology

Are Cities in a ’Doom Loop’?
A question that has been rattling around in my head for a while crystallized for me this morning when I read that a famous Nordstrom had closed in the heart of San Francisco.
August 30, 2023
Insurance Industry

Farmers Insurance to Streamline Workforce, Cut 2,400 Jobs
Farmers Insurance has unveiled a series of strategic measures aimed at fostering long-term profitability, growth, and enhanced organizational efficiency.
August 30, 2023
Insurance Industry

Addressing the Great Resignation and Its Effects on Workplace Safety
It's a tale as old as 2021: millions of employees across the United States are quitting their jobs each month, whether to pursue remote work, to capitalize on higher wages offered in response to shrinking applicant pools, in an attempt to finally turn their passion into a career, or simply to retire.
August 29, 2023
Insurance Industry
Risk Management

What to Expect in Industry 4.0
We love to think about disruption as simply a modern-day term. Yet four historic industrial revolutions offer ample evidence that disruption occurs far more frequently than we might ever imagine.
August 28, 2023
Insurance Industry
Technology

California’s Fire Insurance Woes Ignite Political Reckoning
The slow-motion collapse of California's wildfire insurance market is about to force a political reckoning.
August 25, 2023
Insurance Industry
Property
California

Turmoil in Florida: Triple-I Warns of Imminent Insurer Insolvency
Another Florida homeowners' insurer insolvency could be on the horizon, and it could be the biggest the state has seen this year, according to the Insurance Information Institute (Triple-i).
August 24, 2023
Insurance Industry
Florida

Another Round of Layoffs at GEICO
Insurance company GEICO has undergone another tranche of layoffs, employees have reported on social media.
August 24, 2023
Insurance Industry

Top 10 Challenges for Insurers
Insurance companies are grappling with a range of challenges that require them to adapt and innovate to stay competitive in the ever-evolving industry. From emerging technologies to changing consumer expectations, insurers are facing a complex landscape that demands their attention.
August 23, 2023
Insurance Industry

Turning Challenges Into Opportunities
The insurance industry is rapidly evolving, and the adoption of new technologies is spreading from underwriting departments to claims. As a new landscape emerges, carriers face new risks and challenges, but there are also opportunities for claims departments that prioritize, strategize, and implement new methods effectively.
August 21, 2023
Insurance Industry

More Insurers Withdraw from California Homeowners Insurance Market
Two more insurance companies will exit the California homeowners market, further narrowing options for people seeking to insure their home or to purchase a house with a mortgage.
August 17, 2023
Insurance Industry
Property
California

New Property Insurer Approved for Florida; Citizens to Reduce Coverage by Nearly 300K Policies
Florida's Office of Insurance Regulation (OIR) this week granted authorization to Mainsail Insurance Company, a property and casualty insurer headquartered in Texas, to function as a domestic insurer within the state.
August 17, 2023
Insurance Industry
Legislation & Regulation
Property
Florida

Causes of Home Insurance Crisis
Across the country, homeowners are facing heavier financial burdens when it comes to securing the coverage they need to protect their property and belongings. Rising homeowners insurance rates are making budgets tighter for millions of American households.
August 16, 2023
Insurance Industry
Property

Michigan’s Biggest Insurers Must Respond to Climate Risk Disclosure Mandate
The insurance industry has been deeply shaken by the impacts of climate change, leading to substantial payouts across the nation. This trend has prompted a new regulatory requirement in Michigan, specifically targeting larger insurance firms, to openly disclose their climate change vulnerabilities and strategies for mitigation.
August 8, 2023
Insurance Industry
Michigan



