January 15, 2025 Is ‘lack of vision’ key to the AI readiness gap in the insurance industry? The AI readiness gap between insurance companies ready to adopt AI and those that aren’t, may boil down to a lack of vision, says one expert.
January 10, 2025 Expert suggests AI ‘broadening’ actuarial mindset in insurance Advancements in AI and big data are gradually changing the traditional actuarial practice, according to an industry expert.
January 2, 2025 Could the Trump admin resurrect the IPO market? The incoming Trump administration could potentially revitalize the U.S. initial public offering market, one expert says.
December 26, 2024 Panel: Is the American retirement system ‘broken’? Experts on an Employee Benefit Research Institute panel discuss whether America’s 401(k) retirement savings plan is broken.
December 23, 2024 Expert: Cybersecurity regulation under Trump a question mark for now With the top U.S. cybersecurity official making her exit, the incoming administration’s next move anyone’s guess.
December 19, 2024 Are insurtechs overlooking the basics of fraud detection? While insurance companies are concerned about emerging AI fraud challenges, an industry expert suggests they focus on the basics for now.
December 17, 2024 SB 263 expected to bring chaos to Calif. insurance, annuity sales come Jan. 1 California’s new best-interest insurance sales bill (Senate Bill 263) could bring chaos to consumers and agents come Jan. 1.
December 6, 2024 Building vs buying an AI solution: What should insurtechs consider? Insurtechs and insurers leveraging AI are considering whether to build or buy their solutions. What’s the best answer?
November 29, 2024 Is there a winning AI strategy for insurers? IBM says yes While generative AI can give insurers an advantage over competitors, the way they use it also matters, says IBM.
November 22, 2024 Deepfake detection software helping insurers fight fraud The ease of creating convincing deepfake images and even videos is threatening to increase insurance fraud.
November 15, 2024 Calif. insurance dept. slammed on alleged failure to provide annuity sales complaint data A consumer group has taken issue with the California Department of Insurance’s refusal to provide annuity sales complaint data.
November 14, 2024 5 ways startups can survive insurtech’s ‘second wave’ As insurtech enters what’s being called its “second wave,” experts are suggesting companies target 5 key areas to sustain growth.
November 12, 2024 WA Cares survives vote, but ‘work to be done’ on LTC program An LTC organization is urging Washington officials to address outstanding issues with WA Cares, which survived a statewide vote.
November 4, 2024 US catastrophe claims hit 7-year high, report finds Catastrophe claims related to severe weather events reached a seven-year high in 2023, according to data analytics firm LexisNexis.
November 1, 2024 How insurers can tackle the cyber insurance risk of deepfakes A legal expert is urging insurers to keep abreast of the risks associated with one of the most complex forms of cyber crime: deepfakes.
October 30, 2024 Cover Genius CEO: Partnerships, agility define the future of insurtech The American insurtech landscape has entered a “second wave” that’s all about collaboration and partnerships, says the Cover Genius CEO.
October 28, 2024 Ratings agency ‘concerned’ Fla. insurers may be unfairly denying hurricane claims Florida-based Weiss Ratings agency is voicing concern about the high number of claim denials in the wake of Hurricanes Helene and Milton,
October 22, 2024 Fate of Wash. state’s long-term care insurance program hangs on vote The fate of WA Cares hangs in the balance as state residents prepare to vote on whether they should be allowed to opt out of the program.
October 15, 2024 EXL, NVIDIA develop ‘most accurate’ AI insurance model A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry.
October 14, 2024 ‘Junk fees’ crackdown a ‘win-win’ for insurtechs, expert says Insurtechs should view a “junk fees” crackdown as an opportunity to show value and establish trust, Cover Genius CRO says.