Explore how the average U.S. household spends nearly $25,000 annually on insurance and related costs, and how AI and data analytics are transforming risk assessment and claims management in property and casualty insurance.

U.S. households spend nearly $25,000 yearly on essential costs including auto, health, and life insurance, influencing insurance market trends and risk assessment practices.

A study reveals high levels of scam activity targeting homeowners displaced by natural disasters in Texas, Louisiana, and Florida, highlighting challenges for insurers in fraud detection and claims management.