Catastrophe exposed commercial property insurance renewals are expected to see some of the biggest rate gains in 2024, as pressure continues and a challenged reinsurance market drives buyers towards alternative solutions, to offset rising rates.
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Senators Call for Investigation of Health Insurers’ Role in Driving Up Drug Costs
A pair of U.S. senators called on the federal government to investigate health insurers that are paying high prices for generic drugs for serious diseases like cancer and multiple sclerosis.
AM Best Panel Explores How GenAI & ChatGPT Are Reshaping the Insurance Industry
A recent panel hosted by AM Best, that included insurance and technology experts, examined how Generative AI and ChatGPT technologies will play a key role in driving the customer experience across the industry.
Former Fintech CEO Joins INSTANDA’s Digital Insurance Revolution as VP of Sales
INSTANDA, the global provider of no-code insurance platform technology, announces the addition of Geoff Keast as its new vice president of sales.
Why Are Insurance Companies Laying People Off?
Major players like Farmers and GEICO are cutting back their workforce by 11% and 6%, respectively. What’s going on? The headlines alone might evoke a sense of dread, but a deeper look into the pressures driving the cutbacks reveals the potential for emerging opportunities.
A Punishing Year of Thunderstorms Has Led to Record-Breaking Losses
Thunderstorms this year have battered the U.S. as never before, forcing businesses and insurers to grapple with record-setting levels of damage more typically found with hurricanes.
Supreme Court to Decide on Legality of OxyContin Maker’s Settlement Plan with Victims of Opioid Crisis
n exchange for giving up ownership of drug manufacturer Purdue Pharma and for contributing up to $6 billion to fight the crisis, members of the wealthy Sackler family would be exempt from any civil lawsuits.
How the $1.8B Real-Estate Commissions Lawsuit Came to Be
The litigation that could end up changing how millions of Americans buy and sell homes was hiding in plain sight for three decades.
Biden’s Clean Energy Agenda Faces Mounting Headwinds
A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic realities are fraying President Joe Biden’s agenda.
Happy Thanksgiving
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