Insuranceopedia introduces PolicyAI, a free AI tool that analyzes auto insurance policies to identify coverage gaps and reduce costs, enhancing policyholder protection and compliance.

Trumbull County's insurance premiums rise 23.25% under Ohio's CORSA self-insurance program due to increased liability claims and asset expansion, reflecting broader public sector risk management challenges.

Kin achieves $100 billion in total insured property value, driven by technology-enhanced underwriting, geographic diversification, and profitable growth in direct-to-consumer homeowners insurance.

New Hampshire Senate Bill 297 proposes stricter reserve requirements for municipal risk pool insurers and authorizes receivership to address financial instability, impacting local government health insurance coverage.

MSI introduces a commercial general liability insurance product for U.S. habitational property owners, providing up to $2 million aggregate coverage to address growing claims costs and litigation risks in the sector.

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.

Lawsuits in California allege home insurers restricted wildfire coverage, pushing homeowners to costly FAIR Plan policies amid rising wildfire losses and insurer exits. Experts urge risk mitigation over litigation.

Accelerant enhances its specialty insurance risk exchange by adding capital partners QBE and Tokio Marine America, leveraging AI and data transparency to streamline underwriting and risk management.

Explore the top three essential insurance policies new U.S. businesses need in 2024 to protect against cybercrime, employee liabilities, and property risks.

In 2024, evolving AI regulations and rising medical costs significantly impact U.S. insurance sectors, influencing cybersecurity coverage and workers' compensation in key states like Colorado and New Jersey.