Industry News
Markets/Coverages: Clearcover, Experian Team on Embedded Auto Insurance Solution
Digital car insurer Clearcover Insurance Company, said April 26 that it launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop on Experian's auto ...
Cyber Insurance Rate Hikes Moderate, While Property Prices Rise in Most Regions: Marsh
Average global cyber insurance prices continued to moderate in the first quarter, with average price increases of 11 percent compared to 28 percent in Q4 2022, according to the Global Insurance ...
J.D. Power: Rising Premiums Tighten Auto Insurance Market as Customers Search for Deals
State Farm Tops List of Large Insurers Providing Satisfying Shopping Experience, While The Hartford Ranked Highest Among Midsize Insurers Saving money is the primary focus of consumers searching for ...
How Insurers Can Harness the Power of AI
There is a lot of talk about the insurance industry being slower to adopt new technologies such as artificial intelligence, but Counterpart CEO Tanner Hackett and Socotra ...
Catastrophe Losses Hinder Chubb Q1 Net Income
First-quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written.
Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company.
Roof Damage Research: Small Hail Matters
New analysis by the Insurance Institute for Business & Home Safety (IBHS) and ZestyAI, a climate and property risk analytics provider, finds property/casualty insurance carriers need to broaden ...
Poll Finds Extreme Weather an Almost Universal Experience in the U.S.
An overwhelming majority of people in the United States say they have recently experienced an extreme weather event, a new poll shows, and most of them attribute that to climate change. The findings ...
Policygenius to Be Acquired by Zinnia
Montana Pollution Lawsuit Could Limit Aerial Fire Retardant Use
A legal dispute in Montana could drastically curb the government's use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted ...