News
Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best
The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said ...
Has InsurTech Funding Found a Floor?
Two separate reports published this month show that while quarterly InsurTech deal counts have plummeted from heights attained in 2021 and 2022, dollar levels invested in InsurTechs have stabilized ...
Aon Launches AI-Enabled Claims Copilot
Debuting in Germany in November, Aon recently launched Aon Claims Copilot, aiming to enhance claims outcomes of clients of the professional service firm through a single, integrated digital platform. ...
Trucking App Trucker Path Launches Retail Insurance Agency
The company behind a trucking navigation app has launched its own insurance agency. Earlier this month, Trucker Path announced the launch of its in-house, digitally enabled retail agency focused ...
Nearly 82M Expected to Travel Over Thanksgiving Holiday, a 1.6M Increase From 2024
A whopping 81.8 million U.S. residents are expected to travel at least 50 miles from home over the Thanksgiving holiday period from Tuesday, November 25, to Monday, December 1, according to AAA. ...
All-Weather Sensor Product Promises to Make Self-Driving Cars a Reality
Teradar on Wednesday announced that it has raised $150 million and unveiled a new "terahertz-vision" sensor, which it claims could disrupt the automotive radar and lidar market by making all-weather, ...
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation
More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next ...
Anthropic Warns of AI-Driven Hacking Campaign Linked to China
A team of researchers has uncovered what they believe to be the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion. The AI company Anthropic ...