Markets

Andrew Schwartz and Keith Raymond of Celent co-authored a new study that examines many of the issues associated with the use of generative AI in insurance.

Younger consumers were more likely to find insurance confusing and overwhelming, according to Cake & Arrow.

The independent agent channel placed 63% of the P&C insurance written in the U.S. in 2022, according to a recent report from the Big "I".

As the digital landscape increases, so does the risk of cyberattacks for insurance and other industries.

The U.S. saw 43% of global ransomware attacks from July 2022-June 2023, according to Malwarebytes.

The average year-over-year hike was 13.6%, and was worse in some places.

The majority of SUV drivers cited safety and comfort as the most appealing features of these larger vehicles.

Here are the results of the 2023 midyear report from the 15 U.S. surplus lines stamping and service offices.