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Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
Social inflation is taking hold at different rates in different states. Four states house the largest jury-award increases overall.
Under Hawaii law, insurance-policy customers must be "made whole" before insurers can demand reimbursement.
Ninety-nine percent of insurers are investing in GenAI to cut costs and increase revenue, EY-Parthenon reports.
Outdated systems continue to hinder insurer innovation, operational efficiency and customer satisfaction.
When money is no object, homebuyers continue to seek out coastal communities rife with natural beauty and outdoor recreation.
What happens when insurance companies set aside millions for insured disasters that didn't occur?
The sheer scope and scale of the Games leave them open to the unexpected.
Industries that face the most AI risk now will likely adjust and better manage the tech in the future, Swiss Re reports.
Most insured losses will be retained by primary insurers while economic losses may trigger parametric coverages.
AF Group's website was down for days before the carrier released a statement indicating it had a cybersecurity incident.