“We’ve had clients with homes valued at $25 million who were paying $50,000 to $60,000 in premiums for years, and now they’re being quoted $800,000

AI regulations Regulations are increasingly shaping the use of AI in insurance, particularly to address discrimination risks in underwriting. “At this point, I think it’s

ATIC claims that over 180 defendants have exploited New York’s no-fault auto insurance laws, which mandate that insurers cover medical expenses up to $200,000 for

Jérémy Jawish // December 19, 2024 (Image credit: geralt/Pixabay.) The numbers do not lie. According to the U.S. Bureau of Labor Statistics, over the next

“When a carrier had $25 million in limits, they were more aggressive in defending a claim. But now, with only $5 million in limits, from

Judge Michael M. Baylson upheld the earlier decision, ruling that the Eagles failed to demonstrate the physical alteration required under state law to trigger coverage.

As climate-related disasters increase in frequency and intensity, insurance is expected to become less affordable, potentially widening the existing protection gap. The paper highlights how

Anthony R. O’Donnell // December 18, 2024 (Image source: Stand Insurance website.) Startup distributor Stand Insurance (San Francisco) has launched its debut offering, a California

Addressing misconceptions on non-renewals APCIA also addressed myths surrounding insurers’ non-renewals, including claims that these decisions are solely driven by climate change. According to the

In the reinsurance division, the global firm also announced that Emily Davis has been appointed head of its global specialties business, including aviation, marine, cyber,