Life insurers face persistent challenges in digital transformation, including data accessibility, prioritizing business needs, gaining employee buy-in, and selecting the right partners.
Insurers must embrace innovative technologies and business models to address emerging risks, close protection gaps, and adapt to a rapidly evolving market landscape.
Accurate data is vital for insurance success, impacting underwriting, compliance, and customer satisfaction. Discover how cleansing processes ensure quality and reduce risks.
As climate-driven disasters increase, nonrenewed home insurance policies are surging nationwide, impacting property values, mortgages, and economic stability in vulnerable communities.
AT&T and Verizon report their networks are secure following a China-linked Salt Typhoon hack targeting high-profile individuals, as telecoms and government work to address vulnerabilities.
Insurance companies are leveraging AI to combat claims fraud while grappling with criminals using the same tools to exploit vulnerabilities, driving an urgent need for innovation.
Harmonic distortion is a hidden electrical issue that strains appliances, raises fire risks, and may soon drive up home insurance rates in areas near high-energy data centers.
Technology empowers insurance agencies to serve small and medium-sized businesses by automating processes, improving coverage accuracy, and personalizing customer experiences.
As nuisance claims against design professionals rise, courts emphasize the essential role of control in determining liability, often redirecting such claims to professional negligence.
Oregon lawmakers plan to introduce legislation preventing utility rate hikes while lawsuits related to the 2020 wildfires remain unresolved, targeting accountability for PacifiCorp.
Catastrophe bonds reached a record $17.7 billion in issuance for 2024, as insurers turn to private investors to manage growing climate-related risks and rising rebuilding costs.
Artificial intelligence and telematics are reshaping auto insurance by enabling dynamic, behavior-based premiums, improving road safety, and enhancing customer experiences.
Northern California grapples with flooding and tornadoes, while Southern California battles wildfires and heat in an unprecedented stretch of extreme weather linked to La Niña and climate change.
Innovative 3D printing technology is reshaping residential and commercial construction, offering faster, cost-effective, and sustainable solutions to address the housing shortage.