Complexity of coverage and management of issues unique to the coverage mean professional human intervention will still be necessary, industry experts say.
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Global insured losses from wildfires increased from nearly $9 billion in the 2000s to over $56 billion in the 2010s, according to Swiss Re data.
July 20
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Part two of a conversation with Jodie Wallis, the first global chief AI officer for Manulife.
July 22
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Part one of a conversation with Jodie Wallis, the first global chief AI officer for Manulife.
July 22
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David Larson, U.S. head of loss control & risk management services at Ascot Group, on how tech can impact weather forecasting and natural disaster preparedness.
July 20
The state forecasts eroding coastlines will endanger $18 billion of existing homes and commercial buildings in the coming decades.
After California's own insurer of last resort was held liable for smoke claims, and a probe of State Farm was launched, a new task force is ordered to set standards for smoke damage claims.
The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.
The state's insurer of last resort is facing an investigation by the California Department of Insurance as well as lawsuits from policyholders.
Digital Insurance has announced the honorees for the 2024 Women in Insurance Leadership, WIL NEXT and Lifetime Achievement recognition programs.
Lauren McKinzie is the operations manager, channel partnerships for Obie Insurance.
Skills professionals need to succeed in today's technology-focused environment.
Jennifer Wilson, cyber leader at Newfront, explains how AI is changing the risk landscape for businesses and its impact on the cyber insurance space.
Valkyrie Holmes, co-founder and CEO of Faura, discusses how AI and analytics are helping carriers identify and manage weather risks.