The Golden Triangle of Technology

Three technologies are having a profound impact on how insurance can help manage and mitigate risk:

Internet of Things (IoT) technology is supplying large amounts of ...

MGU-Carrier Relationships and AI

The NAIC's model bulletin on carriers' use of Artificial Intelligence Systems, adopted in December 2023, specifically sets out expectations that insurers will describe ...

NAIC’s AI Model Bulletin in Brief

Introducing the idea that regulators encourage the use of innovation and AI Systems while recognizing that such systems present unique risks, such as the "potential for ...

Calculating Targeted California Returns on Surplus

The National Association of Insurance Commissioners (NAIC) 2022 Report on Profitability by Line and by State provides a comparison of the rates of return on net worth for the last 10 years (through ...

Loss Trends for Severe Convective Storms

Loss trends for severe convective storms (SCS) have increased over the past 15 years and even more during the past five years, according to Dan Dick, global head of ...