Risk Digitization Top Tech Priority for U.S. Insurers
Risk digitization was cited as the primary technology priority for revenue growth in a recent study from InsurTech Cytora.
Cytora ...
News
HOA Secures $2.5M ‘Wildfire Resilience Insurance’: WTW
Willis, a WTW business, and The Nature Conservancy (TNC) jointly announced the launch of an insurance policy for a private homeowners association in California—available and affordable because the ...
Getty Museum to Sell $500 Million of Debt for Fire Protection
One of California's most famed art institutions, the Getty, is turning to the bond market for $500 million to help preserve its masterpieces as the state prepares for another fire-prone summer. The ...
Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty
The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte. The report, "Reinventing the insurance customer experience for loyalty," highlights how ...
Judge Won’t Force FEMA to Release Funds for Emergency Alert Upgrades
Last month, a federal judge declined to force the Trump administration to immediately reimburse dozens of public broadcasting stations for upgrades to the nation's emergency alert system. The ...
US House Democrats Open Investigation Into Kennedy Bird Flu Response
Democrats on the U.S. House of Representatives oversight committee opened an investigation on Tuesday into health secretary Robert F. Kennedy Jr.'s handling of the federal ...
California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections
A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires ...
Drowsy Driving Impacts 14% of Americans: Survey
New data indicates a steady increase in drivers falling asleep behind the wheel since 2020, according to a survey sponsored by Erie Insurance. The insurer found that 14 percent of Americans have ...
Trial to Hash Out $600M Settlement Payment in Deadly Norfolk Southern Derailment
Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the ...