News

Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.

A law firm initially proposed a $100,000 settlement and alleges the insurer concealed a $500,000 death-claim limit.

High winds from these storms reportedly cut power to more than 250,000 customers across the south on Wednesday.

The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.

Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.

The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.

The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.

In 2023, the number of dog bite and injury claims was up 8% compared with the year prior and 110% compared with the past decade.