As climate-related events shift from occasional to frequent, secondary perils are becoming primary threats. In response, ...
Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...
Underwriting decisions today are influenced by broader market conditions, long-term loss patterns, and forward-looking ...
With the advent of AI, insurance carriers have begun tapping into novel data sources like social media, GPS records, smart devices and other forms of technology for their underwriting. Cutting-edge ...
Mass volumes of data have become available since the ELD mandate started in 2017. All-at-once or gradual? Companies' approach to AI adoption and integration depends on their needs. Some businesses use ...
SAN FRANCISCO, Jan. 10, 2024 /PRNewswire/ -- Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, has announced raising $12 million in seed ...
As senior leaders in the insurance industry, we're on the cusp of guiding a significant evolution—one where we could see Claims Magazine's perennial Hall of Shame of Insurance Fraud become a relic of ...
NEW YORK--(BUSINESS WIRE)--The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting ...
The Zacks Property and Casualty Insurance (P&C) industry is likely to benefit from better pricing, prudent underwriting and exposure growth. Industry players like The Progressive Corporation PGR, ...
CheapInsurance.com reports that rising homeowners insurance costs, driven by climate risks and inflation, are significantly ...
Discover what underwriting groups do, how they manage new security issues, and how they share risks and profits in the investment banking sector.
Learn how earning an Associate in Commercial Underwriting (AU) credential enhances your skills in insurance risk evaluation, ...
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