How the reinsurance industry is embracing its role in tackling climate change by integrating greenhouse gas strategies into its operations.

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.

Understanding the complex landscape requires both foresight into identifying the right risk variables and a modern technology stack.

Artificial Intelligence revolutionizes insurance underwriting and processes, raising efficiency but also sparking concerns over job security in the industry.

Crash detection technology is set to revolutionize the auto insurance claims process, offering real-time accident alerts and improving the efficiency of claims handling.

In the face of generative AI’s rapid growth, insurance industry leaders are fast-tracking innovation and funding for digital strategies.

Amid a surge in ransomware attacks, the cyber insurance market remains highly profitable with strong growth potential, demonstrating resilience in the face of evolving cyber threats.

The property/casualty insurance sector anticipates a challenging 2023, marked by unprofitability and rising replacement costs, despite strong premium growth.

Enhancing accuracy and profitability, Mulberri’s new AI Risk Engine promises to revolutionize workers’ compensation underwriting.

Footwear giant Nike filed federal lawsuits against New Balance and Skechers, accusing them of infringing patents related to Nike’s technology.

Severe convective storm losses—the highest in decades—significantly affected the 2023 net combined ratio for the property/casualty industry, according to the latest underwriting projections by Triple-I and Milliman actuaries.

HoneyQuote, a digital insurance marketplace, has partnered with First Connect Insurance Services to grant thousands of independent agents nationwide the ability to seamlessly write policies in Florida.

Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.

With rising inflation and interest rates, geopolitical tensions, climate change uncertainty, and growing competition, U.S. insurance carriers face several challenges to delivering consistent, high-quality insurance services and products to the marketplace.

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.