Personal Lines
State Farm Boosts Its Use of ‘Real Time’ Telematics
The nation's largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving ...
The EU Struggles to Ease Fears Over Committing to Carbon Neutral Target by 2050
EU nations hoping to help lead the fight against global warming by agreeing to go carbon neutral by 2050 at a summit on Thursday engaged in last-ditch diplomacy to ease fears among central and ...
Insurers Eager for Business Ecosystems but Not Yet Well Equipped to Participate: Accenture
You may have heard "ecosystems" referred to in a business context, where a number of companies from different industries partner to create an interconnected set of services that give the customer a ...
Cyber Insurance Underwriters Face Ongoing Challenge of Insufficient Historical Data
While there are "huge opportunities" on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with. "It's ...
InsurTech Startups Will Scale Up and Mature in 2019, and Other Predictions
The insurance technology, or InsurTech sector has seen much technological and investment development over the past few years. Traditional insurance business lines such as health, auto, and commercial ...
U.S. Auto Insurance Customers Grow Happier With Direct-to-Consumer Models: J.D. Power
U.S. auto insurance consumers are quite happy about their coverage, and a growing shift to direct-to-consumer models has driven much of their good feelings, J.D. Power said in a new report. Overall ...
Why Hail Storm Losses Began Rising in 2008 Remains a Mystery
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country's losses ...
How Daubert Standard Could Impact Florida Industry, Judicial Climate
The Florida Supreme Court has reversed a prior court's decision to use a nearly 100-year-old standard on expert witness testimony and instead adopted stricter federal standards currently used by a ...