Tag: Risk Management

Algebrik AI and Open Lending Integrate for Enhanced AI-Driven Auto Loan Decisioning

Algebrik AI and Open Lending partner to integrate AI-powered auto loan decisioning tools for credit unions, enhancing risk management and loan origination efficiency.

Brighthouse Financial Q2 Earnings Underscore Mixed Results and Growth Challenges

Brighthouse Financial's Q2 earnings missed revenue and EPS estimates, showing challenges in premium growth and book value. Analysts highlight mixed operational and capital performance amid evolving market conditions.

Reliable Transportation Association Launches Digital Physical Damage Insurance for U.S. Commercial Autos

Reliable Transportation Association introduces a Lloyd's-backed physical damage insurance program for commercial auto operators in six U.S. states, featuring digital quoting and risk-based pricing.

Global Natural Catastrophe Insured Losses Hit $80B in Early 2025

Natural catastrophe insured losses hit $80 billion in H1 2025, driven by record wildfires and severe storms. Swiss Re highlights wildfire risks, urbanization, and calls for improved mitigation strategies.

WTW Partners with Klarity to Integrate Wearable Data in Life Insurance Underwriting

WTW and Klarity collaborate to enhance life insurance underwriting with AI-driven mortality scoring using wearable health data for improved risk assessment and pricing.

U.S. Auto Insurance Rates Rising: Evaluate Comprehensive and Collision Coverage

Auto insurance premiums in the U.S. are rising due to increased claims and repair costs. Exploring comprehensive and collision coverage adjustments can help manage expenses.

Federal Reserve Confronts Unprecedented Financial Losses and Accounting Transparency Issues

The Federal Reserve is experiencing unprecedented financial losses amid concerns over accounting transparency and risk management, potentially impacting fiscal policy and economic stability.

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.

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.

AXA XL Boosts Americas Wholesale Solutions with Key Leadership Hires

AXA XL appoints Betsy Higgens and Megan Kelley to lead its Americas Wholesale Solutions team, signaling a strategic push in the Excess & Surplus market and insurance product development.