AI Used for Good and Bad — Like Making Trickier Malware, Says Report While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data... Read More
Disney Settles Suit Over Women’s Pay for $43 Million Walt Disney agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150... Read More
Allianz Offers 5 Loss Trends to Watch on the Liability Front As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and... Read More
AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’ Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to... Read More
Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk... Read More
Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that... Read More
Changing the Focus of Claims, Data When Talking About Nuclear Verdicts The topic of nuclear verdicts took center stage at this year’s Target Markets Annual Summit in Scottsdale, Arizona, where a... Read More
Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why. A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than... Read More
Texas Windstorm Insurance Association Board Says Losses from Hurricane Beryl Were $455M The Texas Windstorm Insurance Association Board of Directors pegs losses from Hurricane Beryl at $455 million. The TWIA board met... Read More
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood Insurance carriers may want to examine policy language – and what information they request from insureds – after the U.S.... Read More