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Policies can be non-renewed for a variety of reasons, from non-payment to property conditions.
‘This year, AI systems will process almost unthinkably vast amounts of property data.’
Gallagher Re: Hurricanes Helene and Milton each cost insurers $20 billion.
Many employees feel their employers are not providing necessary accommodations.
The benefits of renting a house include increased privacy, more storage, better parking and more space overall.
Roof data inaccuracies cost insurers millions in preventable losses and delayed decisions.
‘Welcome to the era of the polycrisis.’
Social inflation, rising settlement costs and nuclear verdicts have fundamentally reshaped insurance claims.
The U.S. comprised 78% of global insured losses in 2024.
This week's update includes insurance industry news from Enact Holdings, Hilb Group, Trucordia and more.