News
NAIC Approves Model Bulletin on Use of AI by Insurers
Members of the National Association of Insurance Commissioners (NAIC) voted to adopt the Model Bulletin on the Use of Algorithms, Predictive Models, and Artificial Intelligence (AI) Systems by ...
Worker Mental Health Linked to Lower Recovery From Back Pain
Workers' mental health comorbidities such as anxiety and depression are correlated with lower levels of functional recovery from back pain than physical health comorbidities, according to new ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
2023 Atlantic Hurricane Season Highlights Far-Reaching Impact
A busy hurricane season that saw the National Hurricane Center in Miami issue the first-ever tropical storm warning for the coast of California and hurricane warnings as far north as Nova Scotia came ...
Despite Risks, Most Consumers Globally Plan to Shop Online During the Holidays
Nearly all shoppers globally plan to do some or all of their holiday shopping online, according to a new report released by Norton that surveyed respondents in 13 countries. The anti-virus and ...
U.S. Senate Committee Wants Investigation Into Florida Citizens’ Loss Reserves
The chairman of the U.S. Senate's Budget Committee has begun an investigation into Florida's Citizens Property Insurance Corp. and how the state-created insurer plans to address potential ...
Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer
Brinson Caleb "BC" Silver, former chief marketing officer for InsurTech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to ...
Hillary Clinton Calls for Reform of Insurance Sector at COP28 Climate Talks
Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly withdrawing assistance against climate shocks. Lower-income ...
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 ...