News
FEMA Releases New Flood Insurance Rates by ZIP Code — Brace for Impact
When the Federal Emergency Management Agency unveiled its new Risk Rating 2.0 methodology for calculating flood insurance, advocates and critics alike warned that it would mean higher premiums for ...
Register Now for the InsurTech Summit
Carrier Management's upcoming InsurTech Summit isn't showcasing trends. It's highlighting how insurers and InsurTechs use evolving tech to win. This free, virtual event is a streamable exchange of ...
AI Pioneer Says Its Threat May Be ‘More Urgent’ Than Climate Change
Artificial intelligence could pose a "more urgent" threat to humanity than climate change, AI pioneer Geoffrey Hinton told Reuters in an interview on Friday. Hinton, widely known as one of the ...
The Latest Launches From Verisk, GGA Solutions, NEXT
Verisk, a global data analytics and technology provider, has launched a new rating engine with the aim of helping insurers transform the process of developing new commercial lines products. The new, ...
Newly Approved Spectrum Use Could Prevent 600,000 US Crashes Each Year
The Federal Communications Commission (FCC) recently approved a request by U.S. state agencies, some automakers, universities and others to use spectrum to deploy connected vehicle technology to ...
Insurance Could and Should Help Drive Gun Safety Efforts, Survey Says
Three out of four Americans believe gun owners should be required to have firearm liability insurance. Those are the numbers out of a new ValuePenguin survey of 1,995 people ages 18 to 77 exploring ...
AIG Records Strongest Q1 Underwriting Results in General Insurance
American International Group said first-quarter 2023 underwriting income in its general insurance segment was $502 million, "representing the strongest first-quarter underwriting results AIG has ...
Berkshire’s Jain on GEICO Profit: ‘Don’t Take It to the Bank’; Tech Needs Rebuild
Even though Berkshire Hathaway's GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire's insurance operations said the figure ...