Markets
Consumer Acceptance of Telematics Widens, Says Survey
Consumer acceptance of telematics technology in auto insurance is growing, creating opportunity for insurers who can cater to tech-driven drivers who crave personalized pricing and service. Today, ...
Two Big California Homeowners Insurers to Raise Rates by 6.9%
Two large California home insurers will be raising rates for by an average of 6.9% this year, filings with the California Department of Insurance show. CSAA will begin rate increases for nearly ...
AI Is the Biggest Mover on Allianz Risk Barometer; Cyber Takes Top Spot for Fifth Year
Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company ...
Experian: AI Agents Could Overtake Human Error as Major Cause of Data Breaches
Artificial intelligence continues to be at the center of Experian's annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI ...
California Bill Seeks to Add ‘Transparency’ to Aerial Images Used by Insurers
A California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, ...
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris
The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to ...
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement
The biggest auto insurer in Massachusetts is at odds with the AAA Northeast division it says is violating an exclusive 20-year joint marketing agreement that is worth $200 million a year in premiums ...
California Bill Would Double Insurer Penalties for Unfair Claims Practices
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on ...