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Catastrophe Experts Tap AI to Tackle Soaring Insured Losses
Mar 26 2025 // Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods. Less than three months...
Florida Senate Panel Wants More Rate Comparison, Cost, Profit Info on OIR Website
Mar 26 2025 // The Florida Office of Insurance Regulation provides a rate comparison tool on its website for homeowners’ and auto insurance, allowing consumers to view estimated premiums for limited types of properties and...
AI Chatter Hits Record on European Earnings Calls Across Sectors
Mar 24 2025 // The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors are embracing it to boost efficiency and competitiveness. Mentions of...
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
Mar 21 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...
RiverStone in Loss Portfolio Transfer Deal With Lyft Subsidiary
Mar 20 2025 // RiverStone International has signed an agreement with Lyft subsidiary Pacific Valley Insurance Co. to provide a loss portfolio transfer reinsurance for a commercial auto liability portfolio. The deal is effective from Jan....
Homeowners Have Post-Loss Duties Too, Florida Appeals Court Says in HCI Win
Mar 20 2025 // Florida insurers, often on the receiving end of insureds’ complaints – in the courts and in the news media – may take heart from a new ruling by a Florida appeals court, which draws a bold line under...
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