Industry News
ZestyAI: More Than $2 Trillion in U.S. Homes at High Risk of Wildfires
While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the country—even in the swampy Southeast—are at risk ...
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded,’ Says NAMIC
Policy discussions on the use of artificial intelligence in insurance are "unfounded" and "detrimental to policyholders," according to an analysis from the National Association of Mutual Insurance ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
Everest Group Chair Taranto to Retire, Graf to Succeed
Everest Group, Ltd. announced that Joseph V. Taranto, current board chair, will retire from the role when his term expires in May. Taranto has served as chairman of Everest's board since 1994 and as ...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs
Lloyd's executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5 percent premium growth while maintaining underwriting discipline. Lloyd's saw a ...
NAIC, Legislators Push to Abolish the Federal Insurance Office
Last week, the National Association of Insurance Commissioners announced its agenda for 2025, including the call to eliminate the Federal Insurance Office. This comes on the heels of legislation, the ...
Property Data and Info Provider CoreLogic Rebrands to Cotality
Property data provider CoreLogic is rebranding to Cotality. The rebrand includes a new name, logo and brand identity. "The property ecosystem underpins the prosperity of individuals, businesses, ...
North Carolina Association Celebrates 15,000 FORTIFIED Homes
On Friday, the North Carolina Insurance Underwriting Association (NCIUA) celebrated a major milestone. More than 15,000 homes have received the FORTIFIED Roof designations statewide. NCIUA also known ...
Health and Safety Top D&O Risks: Study
Health and safety remains the No. 1 risk for directors and officers globally for the second year running, according to a survey by Willis, a WTW business, in collaboration with Clyde & Co. The ...