The transaction values Acrisure at US$32 billion, representing an increase of nearly 40% from its last institutional capital raise three years ago. The company has

Article 0 Comments The American Property Casualty Insurance Association chimed in to a recent Senate subcommittee hearing to defend the industry’s response to claims following

Article 0 Comments Claims frequency for repairable, collision-damaged battery electric vehicles in the first quarter rose to 3.12% in the U.S. and 4.48% in Canada,

Article 0 Comments Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron’s deep-water Benguela Belize

Article 0 Comments This article is part of an on-going series about technological and AI-related developments and advancements in claims processes and claims departments.View Series

Article 0 Comments President Donald Trump’s administration is trying to merge the government’s wildland firefighting efforts into a single agency, a move some former federal

Faheem Shakeel // May 20, 2025 (Image credit: Viralyft/Unsplash.) GenAI is no longer a future concept—it’s a present-day force reshaping how insurance businesses operate. For

Anthony R. O’Donnell // May 20, 2025 (Image source: AISIX website.) Cytora (London/New York) and AISIX Solutions Inc. (Vancouver, British Columbia) have partnered to integrate AISIX’s wildfire risk

Claims severity has risen, especially with high-profile systemic events and persistent privacy litigation. At the same time, Schnur said, underwriting practices have become more refined,

Article 0 Comments Property intelligence provider Nearmap is acquiring itel, a provider of property claims services. Andy Watt, Nearmap’s CEO, will serve as CEO for