Survey: Most IT Decisionmakers at Insurers Plan to Invest $500K to $5M in AI This year April 1, 2024 Most insurance IT decision-makers (69%) plan to invest from $500,000 to $5 million in AI this year. That’s according to...
Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Insurance Industry Attention March 21, 2024 By Allen Laman Often alarming, misleading or just plain annoying — when mass tort lawsuit advertisements pop on a TV screen, many consumers...
Survey: 78M Americans Damaged Their Smartphones in the Last Year March 15, 2024 The amount of money spent on cellphone screen repairs surged to $8.3 billion in 2023, nearly tripling the amount spent...
US Natural Gas Pipeline Accidents Pose Big, Unreported Climate Threat March 13, 2024 By Nichola Groom Last October, an Idaho farmer using a backhoe punched a hole into a 22-inch pipeline buried under a field, sending...
Insurance Shopping Likely to Remain Strong in 2024, Despite Seasonal Dip in Q4 2023 March 5, 2024 Personal and auto insurance shopping is likely to increase in 2024 due to several market factors, new research shows. The...
Viewpoint: Are We Drowning in Forms? February 28, 2024 By Belinda Thorpe Claims adjudicators rely heavily on data to make informed decisions. It’s the nature of the work: assessing a claim correctly...
3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety February 26, 2024 By Lee Shavel Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced...
Iceland Plans to Buy Out Homeowners in Volcano-Struck Town February 14, 2024 By Ragnhildur Sigurdardottir Iceland’s government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after...
Viewpoint: 5 Global Insurance Trends You Need to Know About in 2024 February 7, 2024 By Simone Grimes In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate...
Climate Change a Risk to South Africa Premiums, Insurer Says January 30, 2024 By Adelaide Changole Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of...