As we reach the midpoint of 2025, now is a perfect time to reflect on some of the key trends that have defined the first half of the year while also looking ahead at what ...
Until recently, homeowners insurers weren't allowed to use catastrophe models to justify needed rate increases, or to include the cost of reinsurance in their rate indications in the state of ...
California's property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals and systemic shortcomings in the state's safety net—the California FAIR ...
New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state's lawsuits and address damage to the state's water and other natural resources from ...
Embedded insurance is everywhere. From booking a flight or concert tickets to opening a bank account, insurance is now being offered to consumers at the point of need. It ...
The insurance industry is increasingly adopting AI to streamline operations, automate tasks and improve customer experiences. But while AI automation, in particular, has ...
"Too big to fail"—a phrase associated with interconnected publicly traded financial services companies in the wake of the 2008 financial crisis—was revived in a new context last week. During a ...
Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to determine the fate of State Farm's request for an emergency ...
Willis, a WTW business, and The Nature Conservancy (TNC) jointly announced the launch of an insurance policy for a private homeowners association in California—available and affordable because the ...
Although it may not be discussed as frequently as claims in commercial insurance, a negative premium audit experience can be just as likely as a poor claims experience to ...