Baker Tilly partnered with a mutual P&C insurer to validate compliance with the NAIC Model AI Bulletin and benchmark AI governance maturity, delivering a strategic roadmap for responsible AI adoption in insurance.

Social inflation is increasing the severity and cost of U.S. workers compensation claims, driven by legal challenges, regulatory changes, and evolving claim management strategies.

Many homeowners lack flood insurance despite flood risks outside high-risk zones. Learn why flood coverage and preventive maintenance are crucial for all property owners.

Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.

Efforts to reduce car insurance rates are undermined by enforcement challenges and prevalence of uninsured drivers, with legislative reforms showing limited impact on premiums.

Explore critical insurance coverage gaps for gig economy drivers, with insights on rideshare endorsements and risk mitigation strategies for delivery and rideshare workers.

TransRe partners with Cytora to deploy AI-driven digital risk processing in facultative reinsurance, improving underwriting accuracy and operational efficiency.

Florida's homeowners insurance market shows decade-high stability with mixed rate changes, though local consumers report rising premiums post-Hurricane Ian and limited insurer options in some areas. Regulatory filings indicate ongoing shifts in rates.

Mexican insurance companies manage premiums of MX$908.79 billion and have paid significant claims including $3.01 billion for COVID-19. The sector faces modernization and climate risks while growing pension insurance.

State Farm suspends new home and business insurance applications in California due to soaring wildfire risks and rebuilding costs, highlighting challenges in the property insurance market.