AI in Insurance Market to Surge to $79.89B by 2032 | Regulatory and Cloud Trends

AI in Insurance Market to Surge to $79.89B by 2032 | Regulatory and Cloud Trends

The AI in insurance market is projected to grow at 33.06% CAGR, driven by cloud adoption and evolving regulations like NAIC guidelines and the EU AI Act. This report examines how AI transforms underwriting, claims, and fraud detection across regions.

Mississippi's Post-Katrina Insurance and Building Code Evolution

Explore Mississippi's ongoing efforts to strengthen building codes and insurance market accountability two decades after Hurricane Katrina, highlighting regulatory challenges and mitigation funding developments.

Certified Automotive Parts Association Updates Board Leadership

Certified Automotive Parts Association (CAPA) elects new board members and updates leadership roles, impacting automotive parts certification standards.

NAHB Urges Insurance Discounts for Resilient, Code-Compliant Homes

NAHB advocates for insurance premium reductions for homes built to modern codes and resiliency standards like NGBS Green +RESILIENCE and IBHS FORTIFIED to address rising home insurance costs amid increasing natural disasters.

Navigating California's Home Insurance Crisis: Trends & Regional Impacts

Explore the current home insurance crisis in California, focusing on nonrenewals and insurance cost variations across ZIP codes. Understand regional impacts and market challenges.

Starr Insurance Names Sean Chen APAC President as Phil Finley Retires

Starr Insurance appoints Sean Chen as APAC President, succeeding Phil Finley, who retires after 23 years. Key leadership change impacts APAC commercial insurance strategy.

PICC Property & Casualty Co Updates Governance Structure with New Employee Director

PICC Property & Casualty Co announces election of new employee representative director and dissolves supervisory committee, marking key governance changes in the China insurance sector.

United Risk Acquires WTW’s Verita, Rebrands as Verist to Expand Specialty Insurance

United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.

RTA Launches Lloyd's-Backed Physical Damage Program for Commercial Auto Insurance

Reliable Transportation Association expands U.S. commercial auto insurance with Lloyd's-backed Physical Damage program. Digital platform enables instant quotes, rewarding safety with competitive pricing.

Florida Auto Insurance Rates Drop 6.5% Following Tort Reform

Florida's top five auto insurers cut rates by 6.5% after legislative tort reforms reduce insurer litigation risks, influencing market-wide rate decreases.