Nationwide Invests $1.5B in AI to Transform Property & Casualty Insurance
Nationwide commits $1.5 billion through 2028 to AI-driven innovations enhancing property and casualty insurance services with secure, scalable technology solutions.
Nationwide commits $1.5 billion through 2028 to AI-driven innovations enhancing property and casualty insurance services with secure, scalable technology solutions.
Florida's Citizens Property Insurance Corp. sheds nearly 200,000 policies as private insurers expand, marking lowest policy levels since 2021. Depopulation program and regulatory reforms drive market shift amid hurricane risk.
September Consumer Price Index rose 0.3%, below forecasts, influencing insurance inflation and risk assessment strategies.
Learn about the 2.8% Social Security COLA increase for 2026 and strategic retirement planning tips including annuities, savings, and asset management to optimize income.
Selective Insurance reports solid Q3 2025 financial results with increased net premiums, higher investment income, expanded commercial lines presence, and shareholder-friendly actions.
BlackRock's Global Insurance Report reveals 67% of insurers plan to use reinsurance sidecars, with a growing focus on private markets and sustainability amid inflation risks.
Kinsale Capital Group reports 24% net income growth in Q3, driven by robust underwriting and a 25% rise in investment income, while keeping catastrophe losses low.
Allied Solutions and the American Bankers Association invest in PortX's AI-powered integration platform to drive digital transformation and operational agility across financial institutions.
Marin County woman sentenced to jail and probation for filing false auto insurance hit-and-run claims. Case highlights insurance fraud detection and legal consequences.
Minnesota state programs reveal significant fraud due to failures in executive oversight and legislative resistance. Federal investigations highlight ongoing challenges in public program compliance and accountability.