“We’ve seen a fundamental shift. A policy that once took one or two touchpoints now requires three, four, or even more,” said Adam Denninger (pictured

“The shift towards EVs demands innovation in underwriting and risk assessment, while IoT offers a chance to enhance personalization through data-driven insights. By embracing these

Another low-pressure system, Storm Herminia, brought additional windy conditions to the UK on Jan. 26-27, but its impact is not expected to be significant. Looking

The company anticipates its strongest earnings quarter of the year in the fourth quarter of 2024, exceeding the $18.9 million in after-tax net income reported

Regional preferences for flood insurance providers also varied. Midwestern respondents expressed a preference for private insurers, citing higher coverage limits and greater flexibility. In contrast,

Mercer, Marsh’s HR and investment consulting unit, posted Q4 revenue of $1.5 billion, a 3% increase (5% underlying). Growth was led by Wealth (up 4%

Wildfire losses are likely to have a major impact on the insurance industry’s first-quarter earnings. The majority of insured losses will be shared among standard

According to Squaremouth, emergency medical claims became the highest-paid and most frequently claimed benefit for the first time in more than 10 years. Claims under

For example, a senior care facility in Tifton, Georgia, located within the 20-mile radius coverage area for Helene, had a $65,000 insurance limit. Under its