News
Insurance Customers Skeptical About AI Processes and Benefits
While insurance consumers may be warming up to artificial intelligence, 68 percent say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ...
U.S. E&S Outlook No Longer Positive: AM Best
AM Best has revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced in mid-November. The change comes as rates soften and ...
Cargo Theft Spikes During Thanksgiving Holiday
The trucking and logistics industry should exercise increased caution during the Thanksgiving holiday period, when cargo thefts typically increase, according to Verisk CargoNet. Analysis of ...
Three Swiss Insurers Added to G20 Watchdog Resolution Plan List
Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms that must develop resolution plans in case of insolvency, the G20's financial watchdog said on Tuesday. The ...
More Than 100 Homes Damaged by Tornado Near Houston
More than 100 homes were damaged after a tornado touched down in a residential area outside Houston, authorities in Texas said Monday. No injuries were reported. Photos and drone video posted on ...
Most Consumers Aware and Worried How Litigation Increases Insurance Cost
The message appears to be getting through to consumers: Excessive insurance litigation is not good for insurance costs. According to a new survey from the Independent Insurance Agents & Brokers ...
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter of 2025 rose by 1.6 percent, as ...
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes
On the hunt for cheap and fast strategies to prevent deadly wildfires, utilities across the US and Europeare contracting with a handful of artificial intelligence startups to map wildfire risk along ...