A new scientific report has raised alarm bells for many Northern U.S. cities, especially New York. According to the research, insured losses from hurricanes in New York could rise by more than 60% if ...

NZ’s earthquake cover is structured around uncapped govt guarantee and flat-rate levies, meaning huge claim volumes and long delays. As disaster losses rise, we would do well to take a page out of ...

Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...

Tesla's insurance arm is taking a beating by paying out more than it earns from premiums, according to data from S&P Global. This is significantly higher than the national average loss ratios ...

Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...

A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry’s needs — a welcome solution for carriers struggling to ...

When 76% of insurers have deployed AI but half the workforce is looking to leave, the technology strategy and the talent ...