The world is progressively witnessing heightened interconnectedness. Sensors present in physical objects capture data and link to digital communication networks. The data ...
Telematics insurance has traversed more than two decades, cycling through phases of curiosity, dedication and subsequent disappointment. Only recently has the U.S. auto ...
The quarterly, year-over-year U.S. auto insurance shopping growth rate declined to -1.2 percent in Q3 2023, down from a 5.2 percent increase in Q2 2023, as rate increases and tightening budgets ...
The turnaround at Aspen Insurance Holdings—the result of a multipronged, multiyear effort—is bearing fruit with a return to consistent profits. Mark Cloutier, ...
Lower natural catastrophe losses, better investment results and strong revenue growth in property/casualty reinsurance led to strong earnings' increases for the four main ...
After a costly 2023 severe convective storm season in the U.S., reinsurers underwriting in the regional property-catastrophe market are skeptical about providing ...
The insurance industry experienced widespread and significant tightening in the reinsurance markets in 2022. "Volatility" was the watchword as the year 2022 wound down. Reinsurers raised prices, ...
In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla, finding the initial $93 monthly premium "really ...
A proposal by California's insurance regulator to require insurers to write more policies in areas at risk of wildfires is more a promise than a plan, but the ...
With Amazon aiming to make 10,000 deliveries with drones in Europe this year and Walmart planning to expand its drone delivery services to an additional 60,000 homes this year in the states, ...