The world is progressively witnessing heightened interconnectedness. Sensors present in physical objects capture data and link to digital communication networks. The data ...
In our ever more interconnected world—from vehicles to manufacturers to health care to the power grid—solutions to avoid risk are becoming more common.
Telematics insurance has traversed more than two decades, cycling through phases of curiosity, dedication and subsequent disappointment. Only recently has the U.S. auto ...
Over the past several years, the property/casualty insurance industry's use of Internet of Things (IoT) has significantly accelerated. Beyond auto telematics, P/C ...
A century-old insurer is evolving to help people manage the risks of everyday life, recover from the unexpected and realize their dreams in an increasingly hyperconnected ...
The claims industry is navigating a lot of change right now in the face of inflation, growing climate volatility and an ongoing talent shortage, but of all the disruptive ...
Nearly half of 400 insurance executives responding to a recent survey said their current priorities center on improving profitability rather than growing their businesses. Forty-eight percent of ...
It is easy to get excited about what artificial intelligence (AI) offers the insurance industry. It has been a bright, shiny object on and off for a few decades now. This ...
While two dozen interested parties spoke at a recent California Department of Insurance workshop on the use of catastrophe modeling in pricing, offering predictable messages supporting carrier, ...
Is $11 million too much to pay for a public catastrophe model? Does the California Department of Insurance have to hire a new contingent of specialists to understand private models, if those are ...